LATEST: 132 businesses go into liquidation in QLD – Courier Mail
LATEST: 132 businesses go into liquidation in QLD Courier Mail Read the original article here
Albanese government to wipe $3 billion in student debt, benefitting three million people
Changes in the May 14 budget will cut the student debt of more than three million people, wiping more than $3 billion from what people owe. The government will cap the HELP indexation rate to be the lower of either the Consumer Price Index (CPI) or the Wages Price Index (WPI), backdated from June 1…
After Birmingham, Central England city of Nottingham declares bankruptcy | World News
The announcement makes Nottingham the second city to declare financial failure this year. 2 min read Last Updated : Nov 29 2023 | 10:23 PM IST Nottingham, a city in central England’s Midlands region, on Wednesday declared itself effectively bankrupt after its council failed to deliver a balanced budget for the year. Nottingham…
Virgin offers support as Rex goes into voluntary administration
Rex Airlines have announced they’ve gone into voluntary administration, cancelling all flights between capital cities. Virgin Australia have offered free re-booking services for affected customers. Those impacted by cancelled flights are being contacted by Rex, and will need to re-book with Virgin by 14 August. Article continues after this ad Advertisement Rex’s regional flights will…
Bruno Mars ‘Gambling Debt’ Rumor Put To Rest By MGM
Highlights MGM Resorts refuted rumors that Bruno Mars racked up a $50 million gambling debt, calling the claims “completely false.” Bruno Mars’ ostensibly maintains a profitable, long-term relationship with MGM, through Vegas residencies and business ventures. With massive album and ticket sales, Mars has earned hundreds of millions of dollars in his career. A wild…
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Signing up for free membership You can use the following content free of charge. Click to view Market & Tech Reports Global automobile production and sales statistics Market share and supply information for 300 automotive parts Model Launch Schedules Latest News from the Automotive Industry Read the original article here
Corporate insolvencies spike to a decade high
A wave of business failures in construction, hospitality and retail has pushed up the number of monthly insolvencies to the highest in almost a decade, as rising borrowing costs, weaker consumer spending and a more aggressive Tax Office take their toll. Some 967 companies entered administration in February, up 40 per cent on the same…
HECS indexation to be overhauled in budget with $3 billion in student debt ‘wiped out’
In short: Student debts will be lowered for more than three million Australians under reforms designed to stop HECS loans growing faster than wages. Loan indexation will now match whichever is lower out of the Consumer Price Index or the Wage Price Index — which the government says will prevent another shock increase like last year’s 7.1 per…
Hundreds of families left hanging as major school photography company closes
Families at hundreds of schools across the country could be left out of pocket for annual student portraits and yearbooks after a national photography business went bust. Academy Photography Australia entered liquidation on May 10, with Anthony Phillips of Heard Phillips Lieberenz appointed as liquidator, according to ASIC. This week, Phillips sent a letter to…
Schools Chatbot Co. Seeks Liquidation Amid Data Concerns
By Hilary Russ · August 14, 2024, 9:26 PM EDT AllHere Education Inc., the Boston-based Harvard Innovation Labs venture that sold AI-powered chatbots to schools, filed for Chapter 7 liquidation in Delaware on Tuesday amid concerns about the privacy of students’… To view the full article, register now. Read the original article here