Origin Energy restructure on the cards as Frank Calabria replaces Grant King as CEO – The Sydney Morning Herald

Ahead of the start up of its second unit at its Queensland gas export project, Origin Energy has moved to replace its longstanding chief executive, Grant King, who is to be replaced by an internal appointment, Frank Calabria. HIs appointment is likely to rekindle speculation of a potential restructuring of the group, splitting into its energy…

Franchising fallacies: why you need to examine the fine print – The Canberra Times

Is buying into a franchise worth the investment? Recent disputes between franchisors and franchisees of popular brands such as Nandos, Eagle Boys and 7-Eleven would suggest franchises are risky business. However, enterprising Australians do love a franchise: we have about 1200 different franchise systems operating, licensing almost 80,000 franchisees. This is one of the highest rates…

‘It seems like there is one rule for individual taxpayers and another for large companies’ – Watford Observer

A popular restaurant chain that closed down without warning owes the council more than £200,000, the Observer can exclusively reveal. Jimmys World Kitchen in High Street was part of a chain and outlets of that chain have racked up at least £639,000 in outstanding business rates across the country over the last three years. In…

Money laundering, tax evasion, reaches scale of “organised crime” – MacroBusiness (blog)

By Nathan Lynch, Head Regulatory Analyst for Australia & New Zealand, Thomson Reuters Lawyers, accountants and other professional service providers are facilitating tax evasion and money laundering in Australia on a scale that places them in the category of organised crime, according to senior policing figures and government officials. The release of the Panama Papers…

Insolvency practitioner jailed for two years after taking £50000 from clients facing bankruptcy – South Wales Argus

William Evan Price was jailed at Cardiff Crown Court A TORFAEN man who took almost £50,000 from clients facing bankruptcy while working as an insolvency practitioner has been sentenced to two years in prison. William Evan Price, 69, of Park View Terrace, Pontnewynydd, appeared at Cardiff Crown Court on Monday. The name of his company…

Franchising fallacies: why you need to examine the fine print – The Sydney Morning Herald

Is buying into a franchise worth the investment? Recent disputes between franchisors and franchisees of popular brands such as Nandos, Eagle Boys and 7-Eleven would suggest franchises are risky business. However, enterprising Australians do love a franchise: we have about 1200 different franchise systems operating, licensing almost 80,000 franchisees. This is one of the highest rates…