The Shohei Ohtani Betting Scandal Won’t Be the Last

Major League Baseball officials will tell anyone who listens that the integrity of the sport is safer than ever. Despite the widespread legalization of sports gambling, despite MLB’s lucrative partnerships with the gambling platforms, despite Americans legally wagering about $120 billion on sports last year alone, and despite in-game advertisements that encourage fans to place…

Company collapses and insolvencies surge by 39% as tax office targets Aussie businesses

The economy is slaughtering Aussie businesses and there’s no sign of things letting up. Company collapses surged in February and reached a level that hasn’t been seen for the past nine years, according to new data released on Monday by the corporate regulator, the Australian Securities and Investments Commission (ASIC). “Insolvencies are increasing significantly,” Cliff…

Independent Tertiary Sector Hails Student Loan Debt Relief

The decision of the Australian Government to cut student debts has been welcomed by the Independent Tertiary Education Council Australia (ITECA), the peak body representing independent skills training, higher education, and international education providers. The Australian Government will cap the higher education HELP indexation rate at the lower of either the Consumer Price Index (CPI)…

Mighty Craft appoints voluntary administrators

Following months of speculation surrounding Mighty Craft’s debt, divestment and restructuring efforts, the brakes have been put on the craft industry accelerator as it enters voluntary administration. Over the past year Mighty Craft has sold its Mismatch and 78 Degrees brands, appointed a new Managing Director, who has subsequently stood down, and also appointed a…