In limbo: Frankston Dolphins players await the outcome of the clubs administration. POKIES bankrupted the Frankston Football Club. The Dolphins went into voluntary administration late last month as the club struggled under large debts and the administrators called in by the club have now confirmed most of the clubs debts are related to pokies machines…
Clive Palmer’s security has clashed with the media again ahead of a second day of grilling over the collapse of Queensland Nickel. The former politician issued a statement claiming the media assaulted his wife and labelling an examination into the collapse of Queensland Nickel a “disappointment” before arriving at the Federal Court on Monday morning.…
LONDON–(BUSINESS WIRE)–GOOD SUGAR, BAD SUGAR eat yourself free from sugar and carb addiction – available from September 2016. I know so many people who have turned their lives around after reading Allen Carrs books. Sir Richard Branson The worlds leading authority on addiction, Allen Carrs Easyway, has released a brand new title, Good Sugar, Bad…
Prime Minister Alexis Tsipras said Greece will only be able to lure investors once a quarrel between creditors over how to lower the countrys debt burden is resolved, which he said should lead the European Central Bank to include Greek government bonds in its asset purchase program. What is currently causing a delay in regaining…
Pension costs facing thousands of UK employers could be cut by up to £350bn if company schemes were given more freedom to water down pension promises, according to new analysis. The affordability of traditional defined benefit company pension schemes has risen up the political agenda, as persistent low interest rates have led to pension deficits…
Friday, Sep 09, 2016 The bankruptcy law passed by the UAE Cabinet last week is undoubtedly a new business enabler and source of confidence to entrepreneurs and the financial services industry in the country. The new legislation has come at a time when the nation is laying greater emphasis on economic diversification and private participation…
Rebates might be part of doing business in the retail sector, but as the Dick Smith collapse and Tesco charges show, we need to know much more about how they work. Edwina Pickles On Friday Britain’s Serious Fraud Office slapped fraud charges on three former executives of supermarket giant Tesco in relation to an accounting…
Clive Palmer has fronted the Federal Court facing questions about the collapse of Qld Nickel. Clive Palmer claims he had nothing to do with the collapse of Qld Nickel. Picture: Jono Searle FORMER federal MP Clive Palmer has slammed the media for being aggressive towards him and his wife as they fled a Brisbane court…
Christopher Heaps’ business Kiwi Bullion is being investigated by police in Christchurch. Fraud accused Christopher Heaps has been in business for little over a decade but already faces a second stint as a bankrupt. The 28-year-old real estate agent and precious metals trader recently skipped the country leaving behind a trail of unhappy customers. Police are…
Frank Calabria, named on Friday as Origin Energy’s new chief executive officer, said he’ll focus on paying down a $9 billion debt pile and consider more asset sales when he takes over from Grant King next month. “We set a target and I would be very disappointed if we don’t get well below that” by June…