A 50-50 split MIRA and Aware will each own 50 per cent of Vocus Groups equity, in what appears to be a remarkable outcome for the deep pocketed Aware. The Australian superannuation giant was a late arrival to the party, only joining MIRA after it had gone to great lengths to convince Vocus Group to…
Nobel Prize-winning economists Joseph Stiglitz and Michael Spence are spearheading calls for urgent action to help poorer countries recover from the economic ravages of the coronavirus pandemic, including measures to advance vaccine equity, debt relief, and bolstering fiscal resources for cash-strapped nations. The proposals were outlined in a new interim report released on Thursday the…
The federal government has announced six part-time appointments to its insolvency and disciplinary committees. The federal government on Thursday announced six new appointments to its insolvency practitioner registration and disciplinary committees, each for a three-year period. Both committees are regularly convened by ASIC on matters related to liquidator registration applications and disciplinary matters. Among the…
Source: AAP/Bremdon Thorne. The vast arsenal of fiscal, monetary and legal measures used by Australian governments to offset the COVID-induced economic crisis have worked well. They did not prevent a recession (popularly defined as two quarters of negative GDP growth) but things could have been much worse. What is particularly interesting is that the expected…
When the former power producer couldn’t settle his beef with Canadian billionaire Daryl Katz, a who’s who of industry players became embroiled in the feud. The question is, why? In April 2019, Endeavor CEO Ari Emanuel and Ron Meyer, then vice chairman of NBCUniversal, made their way to Canadian billionaire Daryl Katz’s compound at the…
But did you know that some of the players they bet on are also trying their luck on casino games? This article will explore seven gambling addiction stories from some of the worlds most famous soccer players. Before we start, its essential to know that gambling is highly addictive and can lead to massive losses.…
With Republicans complaining of discrimination against white farmers, the House passed a coronavirus relief bill on Wednesday that would provide an estimated $4 billion in debt relief for socially disadvantaged farmers. The financial assistance comes at the end of a generation-long campaign dating from the so-called Pigford settlement of 1999, in which the USDA acknowledged…
The Australian parent company, which is controlled by Greensill founder and chief executive Lex Greensill, is a creditor in the UK administration process and is understood to be owed hundreds of millions of dollars. Mr Greensill is also a director of Greensill Capital UK. Grant Thornton has told the Australian Securities and Investments Commission (ASIC)…
A ban on credit card gambling in Australia might be imminent, now that MP Andrew Wallace has secured the support of the big four in Australian banking. MP Wallace Secured Support of the Big Four in Australian Banking Queensland MPAndrew Wallaceannounced he had secured the support of the largest banks in Australia for his plan…
THE management of Greensill Farming says the collapse of Greensill Capital will have no impact on the Bundaberg-based farming operation. In a statement issued to Queensland Country Life, Greensill Farming says it is independent of Greensill Capital. “The Greensill Farming business operates entirely independently of Greensill Capital,” the statement reads. “The current negotiations regarding the…