APRA sets start date for HELP debt servicing changes

The regulator has released guidance on the servicing of Higher Education Loan Program (HELP) debt when assessing home loan applications, providing a date from which the changes are to be implemented. From 30 September 2025 APRA expects lenders to no longer consider HELP debt when servicing mortgages if the repayments are expected to be complete…

Failed Mosgiel businessman declared bankrupt

Failed Mosgiel businessman Malcolm Burns – who owes creditors millions – has finally been declared bankrupt despite a last-ditch effort to delay the decision a fourth time. Associate Judge Dale Lester declared Mr Burns bankrupt in the High Court at Dunedin on June 12 after the previous week giving him “a last chance” to pay…

ISA manager enters liquidation

The FCA confirmed that on 4 June 2025, the company ceased trading and entered liquidation, with Simon Farr and Tom Bowes of FRP Advisory Trading Limited appointed as joint liquidators. The regulator said it is working closely with them to ensure customers are supported through the transition. MNEL, which is authorised and regulated by the…

LeddarTech Received Notice from Nasdaq Regarding Delisting and Announces Filing under the Bankruptcy and Insolvency Act in Canada — TradingView News

QUEBEC CITY, June 19, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that on June 17, 2025, the Company received a determination letter (the “Determination Letter”) from Nasdaq notifying the Company that…

LeddarTech Faces Nasdaq Delisting and Files for Bankruptcy in Canada

QUEBEC CITY, June 19, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today announces that on June 17, 2025, the Company received a determination letter (the “Determination Letter”) from Nasdaq notifying the…

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