Many parts of the federal government’s budget have been hotly debated in recent weeks. But budgets are dense documents. There are always important measures that receive very little attention. One of these is planned changes to Australia’s child support system. The government has allocated $182 million over the next four years to make the system…
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STATE-backed development financial institution Bank Pembangunan Malaysia Berhad is facing a massive legal rebound after the majority shareholder of Aries Telecoms initiated a sweeping civil action seeking up to RM2 billion in damages over the controversial liquidation of the strategic infrastructure company. The high-stakes lawsuit, filed by Open Fibre Sdn Bhd in the Kuala Lumpur…
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A “rusted on” Sunshine Coast business has gone into administration, ending four decades of trade. Beach Beat’s operating company, Purple Corridor Pty Ltd, was placed into voluntary administration on June 2, according to a notice lodged with the Australian Securities and Investments Commission (SASIC). The brand’s three stores, located at Caloundra, Coolum and Alexandra Headland,…
Ofgem and Ofwat failing to ensure firms support customers in debt Utility Week Read the original article here
The Song Company to enter liquidation Limelight magazine Read the original article here
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Bill debt soars but many don’t know help is available BBC Read the original article here
Billions of pounds are owed to water, broadband, and energy companies by customers – the majority of whom are unaware that support is available. More than £7bn in bills and charges was owed by March last year, the UK’s spending watchdog said, but estimates suggest that total has grown since. One pensioner told the BBC…