There is uncertainty about the future of Rex – Australia’s third-largest airline – after it entered voluntary administration and grounded all of its flights between capital cities. The Albanese government held crisis talks with Rex on Tuesday and appeared willing to step in to save parts of the airline’s operations. While Rex jet services between…
The number of corporate bankruptcies in Japan rose 28.3% from a year earlier to 783 in April as smaller firms struggled to pass on higher costs stemming from rising prices to customers, credit research firm Tokyo Shoko Research has said. It was the first time in four years for the number of bankruptcies to exceed…
Cafe company plunged into liquidation Townsville Bulletin Read the original article here
Rex flies to 56 destinations including many in regional Australia such as Port Macquarie, Coffs Harbour, Orange, Dubbo and Albury in NSW, Mount Gambier in South Australia, Burnie and Devonport in Tasmania, Cairns and Mt Isa in Qld and Mildura in Victoria. Read the original article here
The most affected sectors include electricity, gas, water and waste services, with an 89% increase, followed by education and training (87%), and mining (72%). The information, media and telecommunications sector was the only one to show improvement, with a 2% decrease in insolvency rates. Small businesses in the electricity, gas, water and waste services sector…
De Lago Resort placed into liquidation amid estimated $860K hole NT News Read the original article here
Rex flies to 56 destinations including many in regional Australia such as Port Macquarie, Coffs Harbour, Orange, Dubbo and Albury in NSW, Mount Gambier in South Australia, Burnie and Devonport in Tasmania, Cairns and Mt Isa in Qld and Mildura in Victoria. Read the original article here
31 Jul 2024 • 3 min read The latest insolvency statistics for June 2024 for company and individual insolvencies have been published on 19 July 2024 for England and Wales. This is the first publication of statistics released since the recent General Election and announcement in June 2024 of a continued fall in the rate…
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Australian bus manufacturer BusTech Group has entered into voluntary administration, with the future of the company left unknown. With operations in Queensland and South Australia, BusTech is one of the largest independent bus manufacturers in Australia, making diesel, hybrid and zero emission buses. It has more 270 employees across its two companies. Subscribe to our…