‘Zero difference’: Rate cuts failing to stem record business collapses – The Australian
‘Zero difference’: Rate cuts failing to stem record business collapses The Australian Read the original article here
FfD4 Countdown: The Fourth Financing for Development Conference Must Address Urgent Debt Relief for Low-income Countries – International Institute for Sustainable Development
FfD4 Countdown: The Fourth Financing for Development Conference Must Address Urgent Debt Relief for Low-income Countries International Institute for Sustainable Development Read the original article here
Legislature approves more debt relief for oil hub cities
BISMARCK, N.D. (KUMV) – The state legislature sent a bill to the governor that would provide more money to Williston, Dickinson and Minot. Senate Bill 2323 distributes $10.5 million annually from the gross production tax share among the three oil hub cities. The text states that it would be a nearly 70-20-10 split among Williston,…
HUDSON’S BAY ANNOUNCES LIQUIDATION ALL STORES WILL CLOSE BY JUNE 15TH
Previously, as Hudson’s Bay Company ULC wrestled with its financing difficulties, it had announced that it would slim its fleet down to only 6 Hudson Bay stores and the one remaining Canadian Saks Fifth Avenue location. At this time, the Company believes that a viable bid for the current six-store model is unlikely, and therefore…
National car repair company with workshops across four states collapses owing almost $5million – MSN
National car repair company with workshops across four states collapses owing almost $5million MSN Read the original article here
Betway files for liquidation amid a Sh5bn tax row with KRA – Business Daily
Betway files for liquidation amid a Sh5bn tax row with KRA Business Daily Read the original article here
NCLAT allows LDA, others to become parties in Ansal group’s insolvency case | Lucknow News
Lucknow: The troubles for Ansal Group deepened as the National Company Law Appellate Tribunal (NCLAT) allowed all concerned authorities, including the Lucknow Development Authority (LDA), to become parties in the ongoing insolvency case. The move, following strong advocacy by LDA, is expected to reinforce the interests of homebuyers affected by the real estate giant’s alleged…
Federal election 2025: All cost-of-living policies from Labor, Coalition
With cost-of-living set to be the number one election issue facing voters, both major parties have fought to position themselves as the side most capable of handling Australia’s economy. With households battered by surging inflation and high interest rates, Labor has branded itself as the party which delivered two back-to-back surpluses, while delivering budget relief…
When should you consider filing for bankruptcy?
It can be tough to determine whether you should file for bankruptcy — or whether another type of debt relief may be the better option. Getty Images Between today’s inflationary issues, the lingering high-rate landscape and the other economic hurdles that are looming, managing everyday expenses — let alone debts — has become a major…
Elevated level of hospitality insolvencies ‘the new normal for the industry’
The Government’s latest company insolvency statistics show accommodation and food services insolvencies were down 11% from 3,829 in the 12 months to February 2024 to 3,405 in the 12 months to February 2025. Insolvencies in the sector fell 20% to 271 in February 2025 against the same month last year (339), and dropped slightly month-on-month…