A few months ago Reserve Bank Governor Phillip Lowe provided four common sense points we should all keep in mind regarding borrowing to finance a home. (The Governors speech can be found here). I thought they made sense and so summarised them in a tweet to which someone replied that every checkout operator knows…
CORPORATE RECOVERY (INSOLVENCY) LAWYERS NQ+ LEEDS CITY CENTRE Competitive Salary Package HJ303 One of the Norths top Corporate Recovery teams is looking to expand. Working with a range of sectors including sport, retail and professional services this team advises on both contentious and non-contentious personal and corporate insolvency matters. There is plenty of variety: from…
Wan Azizah holds up the Financial Behaviour for Quality Lifetime book after launching AKPKs inaugural Financial Literacy Symposium 2018 while AKPKs chairman Anuar Mohd Hassan (left) and chief executive officer Azaddin Ngah Tasir (right) look on. Bernama photo KUALA LUMPUR: The Malaysia Department of Insolvency says 64,632 Malaysians aged between 18 and 44 have been…
Personal injury claims boss jailed for 21 months after fraudulently removing company funds in the months before the courts would make a winding-up order resulting in the closure of the business. Bury-based Darren Christopher Bullough appeared at Bolton Crown Court on Wednesday 14 November after he pleaded guilty to one count of fraudulently removing funds…
Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail speaks at the Financial Literacy Symposium in Petaling Jaya November 15, 2018. Picture by Miera Zulyana KUALA LUMPUR, Nov 15 The Malaysia Department of Insolvency says64,632 Malaysians aged between 18 and 44have been declared bankrupt over the last five years. Additionally, 13,338 have also beendeclared…
Inadequate cash flow and poor strategic management of business were the biggest causes of failed businesses in the last financial year, with over 5,000 reports alleging insolvent trading. Small to medium-sized corporate insolvencies dominate external administrators reports, with 84 per cent of failed companies having estimated assets of $100,000 or less, according to ASICs report…
Prefabrication and lightweight timber builder Strongbuild was placed into voluntary administration at 9 am on Thursday morning after Frasers Australia pulled out of a contract just two weeks from commencement leaving a massive $6 million gap in expected earnings. Strongbuild managing director Adam Strong told The Fifth Estate, was that a lending facility that had…