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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…

Allianz’s Dual Narrative: Record Profits and Rising Insolvency Risks

Allianz posts record €17.4B profit but faces headwinds as its credit insurance unit warns of surging global corporate bankruptcies. Shareholders gain from buybacks and a higher dividend. Investors in German insurance giant Allianz are navigating a story of two halves. While the company’s core operations are delivering record-breaking profits, its credit insurance subsidiary is flashing…

Australian scaffolding group enters administration with over 650 jobs at risk

A group of companies linked to one of Australia’s largest scaffolding and formwork providers has entered voluntary administration, placing more than 650 jobs at risk. Ten entities tied to Kwikform, the Australian arm of Waco International, were placed into administration earlier this week. The Sydney-based businesses traded under several names, including Waco Kwikform, Star Scaffolds…

Can earned wage access help employees manage debt?

Can earned wage access help employees manage debt? Instant access to salaries is a productive lifeline for debt-stressed workers. Steep rises in living expenses are pushing more South Africans towards debt, with employees and employers experiencing more negative consequences. For employees, it’s the stress of growing debt and seeking higher-paying jobs, and for employers, the…