Full list: Cost of living crisis as 68 Qld firms collapse in a month – Adelaide Advertiser

An increasing number of Queensland businesses being squeezed from both ends are seeking help from insolvency experts before going into administration or liquidation. While Australian Securities and Investments Commission statistics rise and fall dramatically every month, managing partner at WCT Advisory Group Andrew Weatherley said inquires from businesses were steadily increasing. Weve had quite a…

Former defence secretary among team to revive bankrupt Birmingham council – The Guardian

Two experienced Labour politicians are part of the team appointed by ministers to help turn around the bankrupt Birmingham city council. John Hutton, a Labour peer and former defence secretary, and John Biggs, a former mayor of Tower Hamlets in London, will provide political advice to the councils leadership as they take the difficult decisions…

IBBI discussion paper suggests changes in insolvency process for personal guarantors to corporate debtors – Business Today

To ensure faster resolution and greater efficiency during insolvency proceedings, the Insolvency and Bankruptcy Board of India (IBBI) has proposed changes in the process of appointing resolution professionals for personal guarantors to corporate debtors, while recognising the interconnectedness between the two.  In a new discussion paper, the IBBI has also proposed sharing reports prepared by…

Young Aussie who declared bankruptcy at 24 after losing her job and racking up $75,000 in debt reveals why it' – Daily Mail

Young Aussie who declared bankruptcy at 24 after losing her job and racking up $75,000 in debt reveals why it’s the best move she ever made By Antoinette Milienos For Daily Mail Australia Published: 16:21 AEDT, 5 October 2023 | Updated: 16:44 AEDT, 5 October 2023 A 24-year-old … Read the full article at: https://www.dailymail.co.uk/news/article-12595701/Young-Aussie-declared-bankruptcy-losing-job-huge-debt-reveals-why.html