6 Things To Do Now If You Have Gambling Debt – MSN
6 Things To Do Now If You Have Gambling Debt MSN Read the original article here
Australian Government Takes on $50 Million of Rex Airlines Debt
The Australian Government is taking decisive action to ensure the continuity of essential regional air services following Rex Airlines’ entry into voluntary administration in 2024. In a significant move, the government has acquired $50 million of debt from PAGAC Regulus Holdings Limited (PAG). PAX is currently Rex’s largest creditor. This acquisition aims to prevent the…
‘Cruel and archaic’ prison threats over council tax must end – charities
A coalition of organisations, including debt help and mental heath charities, have written to the Government, calling for an end to the threat of imprisonment for non-payment of council tax in England (picture posed by model/Dominic Lipinski/PA) PA Archive A coalition of organisations, including debt help and mental health charities, has written to the Government…
‘Real Housewives’ Star Ryan Boyajian Caught Up In $16M Gambling Scandal
Ryan Boyajian, who along with fiancée Jennifer Pedranti appears on The Real Housewives of Orange County, is reportedly caught up in the $16 million gambling and theft scandal surrounding the former interpreter of Dodgers superstar Shohei Ohtani. ESPN, citing multiple sources, reported that Boyajian is the bookmaker’s associate to whom interpreter Ippei Mizuhara wired money…
SunLive – Seeka joins court action against company Olivado
One of the country’s biggest agribusinesses is joining court proceedings against oil company Olivado. Seeka chief executive Michael Franks said his company was “particularly exercised” about the case. Far North Avocado Suppliers, in liquidation itself, has applied to have Olivado liquidated at the High Court at Whangārei next month. Seeka has joined the action against Olivado…
The Body Shop NZ appoints voluntary administrators, will wind down business
Pedestrians pass a branch of The Body Shop on Regent Street in central London. Photo: AFP The Body Shop New Zealand has appointed voluntary administrators A buyer has not been found for the New Zealand business, after its UK parent went into administration last year Administrators are planning to sell all stock and to start…
Surprise move on Rex Airline’s $50m debt – news.com.au
Surprise move on Rex Airline’s $50m debt news.com.au Read the original article here
Creditor questions the small business restructuring system
A growing number of small businesses in financial strife are turning to small business restructuring (SBR) instead of voluntary administration, using the system to retain control of their affairs while managing their debts. But the SBR system is causing some creditors to ask if it provides the same deterrents against business failure as voluntary administration…
Fire drill at battered casino owner Star Entertainment as FTI meets lenders
Star Entertainment’s safe harbour adviser has begun preparing its lender group for a potential voluntary administration, as the embattled casino operator runs out of solutions to solve a potentially terminal cash crunch. Street Talk can reveal FTI Consulting’s restructuring specialists on Monday held a meeting via video link with Star’s biggest lenders, running them through…
Salvos calls on Aussies to reassess their debt
The Salvation Army has urged Australians to reassess their finances at the start of 2025, with new research revealing concerning trends in financial literacy and debt. According to the research, almost half of all Australians (46 per cent) are beginning the year in debt and 3.2 million (15 per cent) do not understand how interest…