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Many Australians face the challenge of managing Australian Tax Office (ATO) debt alongside mortgages, personal loans and everyday expenses. This financial pressure can make cash flow difficult, but there may be a practical solution: consolidating ATO debt into a home loan. By refinancing or restructuring a mortgage to include tax debt, homeowners may benefit from…
Competing with massive foreign-owned rivals eventually proved too tough for Smiths City, a Dunedin commercial property investor says. Smiths City Dunedin, which moved to Crawford St this year, was among nine stores that temporarily closed yesterday after the company was placed into voluntary administration. Property investor Jason La Hood, who is also a director of…
We’ve all heard of the “American Dream.” But what that dream looks like depends on who you ask. According to Investopedia’s American Dream survey, 84% of respondents rated living debt-free as part of their dream, landing it among the top five most popular goals, along with owning a home, raising a family, being able to…
The Director-General of Nigeria’s Debt Management Office, Ms. Patience Oniha, has called on state governments to adopt Public-Private Partnerships and prioritise tax revenue generation over borrowing to fund infrastructure projects. She made these remarks during a one-day workshop in Lagos on Tuesday, organised under the States Action on Business Enabling Reforms Programme with World Bank…
“Despite closures of some stores and further downsizing measures, declining sales meant that the director of the company took the decision that trading could no longer continue. “The voluntary administration process aims to achieve the best outcome for all stakeholders. This may include selling the business and assets to interested parties.” The administrators said they…
(Pic: Shutterstock) US-based financial and risk-advisory firm Kroll has acquired Kirby Healy, a specialist corporate-insolvency practice based in Dublin. Kroll said that the deal would significantly enhance its restructuring capabilities in Ireland and would doubling the size of its team in the country to more than 70 employees. The Kirby Healy team will…
Days after the central government imposed a blanket ban on online money games, major real-money gaming (RMG) platforms have moved swiftly to suspend their pay-to-play-to-win services and have signalled that they will not mount a legal fight challenging the prohibition. Concerns over addiction and its social fallout have been cited by the Centre as a…