Jackie Olden can pinpoint the troubling origin of her mum’s gambling addiction. “She was the kind of person who’d go to one shop where milk was a penny cheaper and another where bread was cheaper,” Olden recalls. “This [gambling] would never have entered her head.” But in 2008, her mother, Wendy Hughes, 64, took a job…
The post-pandemic market has been challenging for small and medium-sized enterprises (SMEs) across Australia. While we like to think we are over the pandemic, the truth remains that the lingering effect of COVID-19 is continuing to unsettle the economic landscape, with an alarming rise in reported insolvencies. While the most common reason for business failure…
‘Stressful’: All staff sacked over email news.com.au Read the original article here
The financial year doesn’t end for another two months, but there’s a closer deadline many people with university debts are dreading: June 1. On June 1, all unpaid HECS/HELP debts will automatically increase when indexation is applied. If you’ve got a higher education debt, here’s what you need to know. But if you’re not familiar…
Premier Kings is the third Burger King franchisee to declare bankruptcy this year. | Photo: Shutterstock. Premier Kings, a 172-unit Burger King franchisee whose owner died in 2022, declared bankruptcy protection, saying that operating losses even after the company closed restaurants forced the issue. It’s the third time this year that a major Burger King…
In short: Hundreds of Rex Airlines employees have been officially let go from the regional carrier after being told the business was “not viable”. Workers were informed their jobs were at risk at an all-staff meeting on Wednesday. What’s next? Administrators will hold their first creditors’ meeting on August 9, when staff will receive an…
MGM Resorts came to Bruno Mars‘ defense on Monday after rumors circulated about the Grammy winner’s debt with the casino. In the last week, a report from NewsNation made claims that Mars had racked up over $50 million in gambling debt at MGM. They cited an anonymous source close to the situation that said Mars allegedly…
KATIE Price blew £10,000 in a month on takeaways and clothes — after being declared bankrupt. The ex-glamour model splurged about £7,000 during a single visit to Selfridges, pals say. 3 Katie Price has been spending thousands despite being declared bankruptCredit: PA 3 Pals say Katie ‘doesn’t care about blowing cash when she should be…
The Australian Digital 12 Month Plan costs $416 (min. cost) for the first 12 months, charged as $32 every 4 weeks. This automatically renews after the first 12 months to be charged as $32 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12…
Varsha Yaiman is 21 years old and already has more than $35,000 in debt. Not on a house, or a car, but a student loan. Four years into her double arts/law degree, Yaiman said she and her peers find the future “truly terrifying”. She’s among millions of Australians with student loans that will be hit…