Digital gurus “locked out” of robo-debt debacle – The Canberra Times

The Prime Minister’s Digital Transformation Office was “locked out” of helping with Centrelink’s robo-debt, the former head of the agency says. Paul Shetler, who was handpicked by Mr Turnbull to lead the government’s technological revolution, says he and his colleagues first heard about the automatically generated debt program in the media. Locked out: former Chief Digital Officer Paul Shetler. Photo: Dominic…

CLOSED: Family truck company placed into liquidation – Toowoomba Chronicle

A FAMILY trucking company that owed more than $500,000 to creditors and banks has been officially put into liquidation by administrators. Pittsworth-based Oberhardt Transport will be dissolved after the decision was made by directors, creditors and administrators to wind up the business at the latest meeting at Fitzy’s yesterday. While administrator Stephen Dixon, of firm…

Don’t take debt for granted – Shepparton News

The chief executive of a Shepparton-based not-for-profit organisation has highlighted the issues surrounding Centrelinks automated data matching system and its approach to collecting alleged debts, as the issue faces a looming Senate inquiry. FamilyCares David Tennant recently made a submission to a Senate inquiry associated with the better management of the social welfare system, focusing…

Market-oriented debt-to-equity swaps can help address debt problems: CBRC head – Global Times

The recently appointed chief of China’s top banking regulator reiterated on Thursday that the market-oriented debt-to-equity swap initiative can “greatly help reduce leverage.” The implementation of the swaps will be guided by markets and the law, and there will be no State orders or official targets for the volumes, said Guo Shuqing, chairman of the…