Queensland real estate startup Revalu8 enters liquidation owing close to $900000 after shareholder disagreement – SmartCompany.com.au

A Queensland-based real estate startup that raised $1.5 million in funding last July has entered liquidation, after facing financial troubles when its shareholders disagreed over the direction of the business. Administrators from Worrells Insolvency were appointed to Revalu8 Limited on February 13 and after a second meeting of creditors on March 10, a decision was made on March…

Tax officers heard whispers on Alan Bond Bell saga – The Sydney Morning Herald

One of the nation’s top tax officers has confirmed he heard “bureaucratic whispers” the federal attorney-general was considering preventing the ATO intervening in a High Court case about the Bell Group litigation saga. The parliamentary inquiry is examining whether the federal government sought to short-change taxpayers by doing a deal with the West Australian government…

Govt seeking insolvency law reforms – SBS

The Turnbull government wants to introduce new insolvency laws to provide breathing room for directors in hard times to enable them to try and turn around their business. Releasing draft legislation for discussion on Tuesday, Revenue and Financial Services Minister Kelly O’Dwyer says the aim is to create a ‘safe harbour’ from personal liability for…