Just two weeks after the Albanese government announced plans to slash negative gearing and capital gains tax concessions, prominent property advisory firm Dashdot has entered voluntary liquidation. The national agency has sacked over 40 staff members, sparking panic among anxious clients who paid thousands in upfront fees for property sourcing and management. Dashdot co-founder Goose…
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Because billionaires can afford to gamble, hospitality magnate Tilman Fertitta is buying a rival casino empire and its colossal pile of debt. In a merger that ought to be presided over by an Elvis impersonator, his holding company announced Thursday that it will acquire Caesars Entertainment, one of the Las Vegas Strip’s defining brands, in…
According to a new report by Christians Against Poverty (CAP), CAP clients in the North West are facing an average of £13,000 in debt, with repayment taking 10 years on average. The growing problem means many are unable to afford basic essentials. The report highlights the scale of ‘dangerous debt’ across the North West, with…
If Alphaville was running the UK’s Debt Management Office . . . Financial Times Read the original article here