THE COMPANY behind a claim over Rangers and the liquidated club plc’s £16 million cash pot is itself being wound up. Investment firm Worthington Group PLC was accused of stymying the process of reimbursing businesses that were owed money by the former Rangers company – which ranged from giants such as Coca-Cola to a picture framer in…
LNP Senator Barry O’Sullivan is the nations most property rich pollie. Picture: Michael Ross THE nations most property rich pollies have been revealed with Queensland LNP senator Barry OSullivan topping the list once again. Mr OSullivan, a former country policeman and grazier, holds 16 real estate portfolios mostly in the Toowoomba region, with others in…
Business was booming at a nearby shopping centre in the lead-up to Christmas. Armed with credit cards and other forms of debt, consumers were loading up on gifts and other seasonal goodies. I wondered: how will they pay for this spending frenzy? The Reserve Banks chart on household finances (below, left) is a constant, scary…
Photo: iStock Industrial, mining and resources manufacturing company Ozcon Industries has temporarily closed its business after been placed in voluntary liquidation last week. The pipe and bore casing supplier, based on the Darling Downs at Dalby, Queensland. announced at 10.30 am on Thursday it was shut for business, according to a recorded message on Ozcons head office…
THE COMPANY behind a claim over Rangers and the liquidated club plc’s £16 million cash pot is itself being wound up. Investment firm Worthington Group PLC was accused of stymying the process of reimbursing businesses that were owed money by the former Rangers company – which ranged from giants such as Coca-Cola to a picture framer in…
Delay in payment of debts was yesterday suggested to help people who are indebted to banks and non-banks and are heavily affected by the devastating floodings that hit 12 southern provinces currently. The suggestion came from the National Credit Bureau amid growing concern that many bank and non-bank clients could default payments and could be…