Jetts Sydney gym declared insolvent

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‘Diamond’ Joe Gutnick’s company insolvent after ‘dishonest’ transactions

The Federal Court has ordered that a company associated with Melbourne business figure “Diamond” Joe Gutnick be wound up and declared insolvent amid allegations of millions of dollars of dishonest related party transactions. The Federal Court on Wednesday appointed liquidators to the publicly traded mining company Merlin Diamonds Limited after a provisional liquidators’ report showed…

Westpac softens policy on bankruptcy

Westpac is going to relax its policy on access to banking services for people declared bankrupt. Photo: AFP Westpac is going to relax its policy on access to banking services for people declared bankrupt. A 2022 survey undertaken by the Insolvency and Trustee Service found 49 percent of respondents faced bank account closures after being…