After losses in FTX, which went bankrupt in 2022, Temasek slashes early-stage startup investments by 88% MSN Read the original article here
Horses slaughtered, $15m debt as national logistics, racehorse group collapses The Australian Read the original article here
Customers of collapsed solar power company SolarZero say everyone is looking for a way out as they grapple with the high cost of buying their way out of contracts, a lack of the savings they were promised on their power bills, and the disconnection of a free customer service line. The country’s largest solar power…
Major healthcare provider files for Chapter 7 liquidation MSN Read the original article here
Melbourne based audio and home entertainment retailer Hollywood Cinema Store has been placed into liquidation as the specialist audio market struggles to survive in a changing market. The Victorian business which has been struggling for some after being restructured back in 2019 was operating two stores, what’s not known at this stage is the total…
Former world darts champion Rob Cross has been disqualified as a director after his company failed to pay more than £450,000 in tax The Insolvency Service also found Cross withdrew more than £300,000 from Rob Cross Darts Limited between March 2020 and November 2023 that should have gone to creditors Cross has now been banned…
A former darts world champion has been banned as a company director for five years. Rob Cross, who lived in Hastings, was banned after his company failed to pay a large tax bill. The 2018 world champion set up Rob Cross Darts Limited in May 2017 to receive prize money but it was liquidated in 2023. During that time…
The federal Treasurer has announced “commonsense” changes to help more Aussies with student debt acquire their first home. Treasurer Jim Chalmers has announced that financial regulators – the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) – will be updating their lending rules in relation to Australians with HELP debt…
The fate of allegedly fraudulent Melbourne pharmacy software start-up StrongRoom AI will be decided in a high-stakes creditors’ meeting on Thursday with administrators opposing the sale of the business to an early investor, after uncovering irregularities in the company’s books. Administrators, HLB Mann Judd, favour a liquidation and asset sale to Brisbane-based pharmacy entrepreneur Joe…
Cook County has erased nearly $665 million in medical debt for local residents since launching the effort in 2022, according to new figures released Thursday. County leaders are celebrating the latest milestone of the program, which has so far helped almost 557,000 people have some of their debt abolished. The effort has relieved the most…