Against a backdrop of rising global temperatures, the new Labour government’s creation of the National Wealth Fund is an important step in accelerating the UK’s green transition. The fund’s blended finance model – providing debt and equity funding – will channel £7.3bn of public cash into low-carbon projects. The hope is that the fund will…
The Albanese Government has botched its Budget commitment to cut student debt for three million Australians with the ATO confirming HELP loans will rise by 4.7 per cent from 1 June 2024, rather than the 4 per cent increase Labor promised. Shadow Minister for Education, Sarah Henderson, said Labor’s go-slow on student debt reform means…
The voluntary administration period for Sunshine Coast-based airline Bonza has been extended for another two months. The Federal Court has granted Bonza administrators, Hall Chadwick, extra time to hold a second meeting of creditors. The main purpose of the extension is to provide the Administrators with further time to conduct a sale of Bonza’s business…
Image: Facebook/CarlsJrAU Facebook LinkedIn US burger chain Carl’s Jr has placed its Australian stores into voluntary administration, affecting 24 stores nationwide. CJ’s Group is a licensee of Carl’s Jr. restaurants in Australia and independently owns and operates 24 Carl’s Jr. restaurants. The CJ’s Group also serves as the master licensee to 25 Carl’s Jr. restaurants…
Booktopia was bought by digiDirect owner Shant Kradjian Booktopia entered voluntary administration in early July READ MORE: By Ashley Nickel For Daily Mail Australia Published: 11:29 AEST, 19 August 2024 | Updated: 12:57 AEST, 19 August 2024 One of Australia’s biggest book retailers has been rescued by a buyer after it entered voluntary administration last month. …
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…
The Government has announced a two-phase process seeking to reform corporate governance laws. In the first phase the Government is looking to update corporate legislation to reflect modern business practices, make compliance simpler and deter and detect poor business practices. In other words, this phase seeks to resolve uncontroversial problems to improve the performance of…
The owner of popular fashion accessory brands Colette by Colette Hayman and The Daily Edited has entered voluntary administration. Marquee Retail Group said it aims to keep all 60 stores open while in voluntary administration and has no plans to cuts its 400 workforce. It would be “business as usual”, the company said as it…
Infamous Swim has secured backing of approximately $1 million through a group of entrepreneurs from the tech, e-commerce, fashion and communications sectors, with the founder of the original mummy-and-me swimwear brand confirming the label has been restructured and is now operating in a new company structure with new directors. It comes after the swimwear brand…
Rex Airlines enters voluntary administration The Northern Daily Leader Read the original article here