The number of corporate bankruptcies in Japan rose 28.3% from a year earlier to 783 in April as smaller firms struggled to pass on higher costs stemming from rising prices to customers, credit research firm Tokyo Shoko Research has said. It was the first time in four years for the number of bankruptcies to exceed…
Nicole from Sydney was out with friends when she found out the federal government had made changes to the way HECS or HELP loans were indexed. She was shocked, and not in a good way. “My gut dropped because I’d just paid off $36,000.” Nicole’s student debt was affecting her ability to buy her first…
Administrators believe a one-time local success story — Face Halo — can be revived, after the make-up removal business went under earlier this month. Face Halo, which was founded by Perth’s Lizzy and Damien Pike, was voluntarily placed into the hands of administrators from WA Insolvency Solutions. Read the original article here
Cafe company plunged into liquidation Townsville Bulletin Read the original article here
Bruno Mars owed out of casino debt Bruno Mars was never in debt. Any claim about the singer owing money to anyone have been debunked by the casino’s management themselves. MGM Resorts sided with Bruno Mars Monday after the singer was allegedly called indebted to the casino. A report from NewsNation last week claimed that…
Robert Bull, the owner of beleaguered caravan giant RoyaleLife that is facing £725 million ($916 million) in debt, was declared bankrupt by an English court on Friday. It’s a stunning reversal for a man who, just seven months ago, was said to have a wealth of £1.9 billion and was the second-highest ranking new entry…
Rex flies to 56 destinations including many in regional Australia such as Port Macquarie, Coffs Harbour, Orange, Dubbo and Albury in NSW, Mount Gambier in South Australia, Burnie and Devonport in Tasmania, Cairns and Mt Isa in Qld and Mildura in Victoria. Read the original article here
Deputy Greens Leader and spokesperson for Higher Education, Senator Mehreen Faruqi, has responded to Labor’s bill that was introduced today claiming to wipe $3 billion of student debt. The bill is nothing more than a mirage to give the impression that the Labor government is wiping student debt, when in fact it will have little…
Positive thinking wasn’t enough to help Chicken Soup for the Soul Entertainment escape a pile of unpaid bills. The publisher of uplifting books, TV, movie and online video content, which also owns DVD rental operator Redbox, on Friday filed for Chapter 11 bankruptcy protection in Delaware court after racking up nearly $1 billion in debt.…
The most affected sectors include electricity, gas, water and waste services, with an 89% increase, followed by education and training (87%), and mining (72%). The information, media and telecommunications sector was the only one to show improvement, with a 2% decrease in insolvency rates. Small businesses in the electricity, gas, water and waste services sector…