Rex enters voluntary administration, grounds 737s – St George & Sutherland Shire Leader
Rex enters voluntary administration, grounds 737s St George & Sutherland Shire Leader Read the original article here
Millions of Aussies set for $1,200 pain from today
The student loan debt of nearly three million Aussies is set to rise today as part of the government’s annual indexation. HECS-HELP debt gets indexed every year on June 1 against the consumer price index (CPI) to make sure the loan is keeping pace with inflation. Yahoo Finance has been inundated with messages from Aussies…
Gainax, known for ‘Evangelion’ anime production, goes bankrupt
Gainax, known for producing the popular anime series “Neon Genesis Evangelion,” said Friday that it filed for bankruptcy at Tokyo District Court on May 29. Founded in 1984, the Tokyo-based company produced hit anime titles, including the Evangelion series by film director Hideaki Anno and “Nadia: The Secret of Blue Water.” Its business conditions began…
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I spent £50k on gambling and landed in debt
Any form of addiction can take on a life of its own and consume a person’s entire being. Dan Bateman, 34, who lives with his mother in Carlisle and works part time at a supermarket, is painfully aware of this. Dan, a Carlisle United and Manchester United fan, started gambling as a teenager while watching…
Delish Deliveries collapses amid scores of customer complaints
The 60-year-old carer from Shellharbour said she just wanted answers, given she had been a loyal supporter of the brand since 2021. “I noticed towards the end of last year … the produce wasn’t predominantly Australian as it used to be, the choices had diminished,” she said. ‘The last order I put in over two…
GigSuper holding company, for gig workers and sole traders, enters voluntary liquidation
The holding company of a superannuation fund created seven years ago to service ‘gig economy’ and self-employed workers has entered voluntary liquidation. The GigSuper Group collapsed just over two years ago, reportedly owing creditors $2.7 million. Both the holding company, GigSuper Holdings Pty Ltd, and the subsidiary company, GigSuper Pty Ltd, entered voluntary administration in…
Policy Challenges and Bringing Down Public Debt
Policy Challenges and Bringing Down Public Debt Opening Remarks by Deputy Managing Director Kenji Okamura at the Fiscal Policy and Sovereign Debt Conference June 7, 2024 Good morning and welcome to our conference on…
Insolvency Service secures bankruptcy restrictions as part of ongoing work to tackle Covid loan misconduct
Individuals all made false applications, examples of which include overstating the income of their businesses, or in one case, not trading when they received the funds Bankruptcy Restrictions Orders (BROs) and Bankruptcy Restrictions Undertakings (BRUs) have been secured by the Insolvency Service These latest measures form part of the Insolvency Service’s ongoing work to target…
Billson’s Brewery administrators ‘optimistic’ buyer can be found
In short: An appointed administrator overseeing the historic brewery says he’s “optimistic” a buyer can be found for the business despite its financial woes. Thirty staff were made redundant following the announcement the brewery entered voluntary administration on Wednesday. What’s next? Administrator’s say they will keep the business operating while they seek a buyer. Administrators…