Family First senator Bob Day could face a rare High Court injunction preventing him from supporting the Turnbull government’s union-busting and same-sex marriage bills after he delayed his resignation to be present for the votes. If successful, that unprecedented legal course could be enough to stop the legislation dead, forcing the government to its plan B: a special post-double…
The government has shrugged off Labors call to reject the vote of Bob Day, who has now indicated he will stay to vote on key elements of the governments program despite announcing his intention to quit. On Wednesday the prime ministers office and treasurer Scott Morrison said that the South Australian senators vote was a…
The new bankruptcy law could come into effect by the end of the year, amid concerns that the court system may struggle to implement it effectively. The bankruptcy law was published in the countrys official legal gazette on September 29, stating that it will come into effect three months later, according to a senior Abu…
South Australian Senator Bob Day has yet to officially resign from Parliament, meaning he is still being paid and could take his seat on the Senate crossbench next month. Last Monday, Senator Day told his staff I will of course resign from the Senate after he announced that his Home Australia group was being placed…
South Australian senator Bob Day has changed his mind just a week after saying he would resign from his $199,000 job because it would be untenable to stay in Parliament when his home building business went into liquidation. I will of course resign, he said, when his Home Australia group collapsed, leaving 200 homes in…
AAP on October 26, 2016, 4:25 pm Geoffrey Edelsten has appeared in a Melbourne court for a hearing linked to his US bankruptcy. Bankrupt businessman Geoffrey Edelsten faces years of litigation in Australia and the United States, with creditors in both countries lining up to get a piece of his Victorian assets. Edelsten is being…
He was known by all the bookmakers, Tom Waterhouse says in Andrew Sigalla fraud trial Tom Waterhouse enters King Street Supreme Court where he is giving evidence in the Anthony Sigalla trial. Photo: Nick Moir Andrew Sigalla (right) leaves the Supreme Court. Photo: Jessica Hromas exit High-profile bookmaker Tom Waterhouse has told a Sydney court…
Recently declared bankrupt after a string of disastrous investments, the one-time multi-millionaire Premier League defender has, in his own words, gone “to ground” since being jettisoned by Australia coach Ange Postecoglou before the 2014 World Cup. Postecoglou excruciatingly details the awkward telephone conversation in which he cut short Neill’s 96-cap Soceroos career in his recently…
Recently declared bankrupt after a string of disastrous investments, the one-time multi-millionaire Premier League defender has, in his own words, gone “to ground” since being jettisoned by Australia coach Ange Postecoglou before the 2014 World Cup. Postecoglou excruciatingly details the awkward telephone conversation in which he cut short Neill’s 96-cap Soceroos career in his recently…
Its hard to pick which nation will spark the next major banking crisis. But the latest moves out of China are certainly troubling. Over there, a new debt relief plan for debt-laden companies has been added to a growing list of systemic financial risks that includes unsustainable credit growth and credit-driven malinvestment. The debt relief…