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…
In this post-election environment its rare to find moments of bipartisan support, but a proposal to help some borrowers tackle their student loan debt is gaining momentum with lawmakers on both sides of the aisle. But it likely wont help the borrowers struggling the most with their loans. The bill, introduced last month by Rep.…
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…
Carbon War Room (CWR) and UMAS have released research that suggests climate transition pathways pose risks to the banks that hold $400 billion of global shipping debt. With the onset of climate policies as soon as 2023, there will be a need for significant capital investment to keep vessels competitive. Navigating Decarbonisation: An approach to…
The word inflation is offensive to many people. In fact, the thought of increasing inflation produces negative connotations because we know that each year, because of inflation, we end up paying more for everything. But here’s the thing While inflation is the enemy of the average Australian, especially for those with savings which get slowly…
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…
Cut your credit card costs with a 0% balance transfer credit card with a low annual fee. Do you want to get your credit card debts in control while avoiding interest and fees? A 0% balance transfer credit card can be a smart way to consolidate and repay your debts without clocking up interest for…
by Sam Henderson You can use a transition income stream to help cover the costs of chronic health problems, writes Sam Henderson, who answers your questions on superannuation. Q: I have a transition to retirement (TTR) pension being paid to me from funds accumulated in the last 25 years. Are there restrictions on asking the…
Kelly Parsons, News Journal correspondent Published 1:36 p.m. CT March 1, 2017 | Updated 22 minutes ago Buy Photo High school juniors Josh Williams, left, to right, Samir Boussarhane, and Falen McClellan created the Pensacola Debt Sharks for their International Baccalaureate community development project at Pensacola High School. The goal of the Debt Sharks is…
Donald Trump appears on track to blow out the US budget deficit and debt, in a Reagan-like fiscal loosening that could drive up global interest rates higher than anticipated. Not that stock investors seem to care. The Dow Jones Industrial Average burst through a record 21,000 points Wednesday in New York (Thursday AEDT) following Trump’s toned…