Financier Greensill Australia closes doors, will ag be affected? – Beef Central

The Australian operations of Greensill Capital officially ceased at 5pm yesterday, raising questions about impacts to Australian agricultural companies which accessed supply chain finance through firm. It is understood Greensill Australia employed about 40 staff, based mainly in Sydney, who were advised of their retrenchments with immediate affect yesterday. Parent company Greensill Capital filed for…

Virgin Australia lounge reopens at Canberra Airport – The Canberra Times

news, local-news, Canberra, Canberra Airport, Virgin Australia, Travel, Coronavirus Virgin Australia has reopened its lounge at Canberra Airport as the airline expects domestic travel to strengthen. Canberra’s lounge is the last of the airline’s seven to reopen after they all closed on March 24, 2020, right before the airline entered voluntary administration. A Virgin Australia…

Phillip Kingston breaks silence on Sargon collapse – Mirage News

Former Sargon Capital founder and CEO Phillip Kingston has broken his silence on a cascade of extraordinary events that put into receivership the high-profile superannuation fintech a year ago following actions by one of its creditors a Chinese state-owned insurance company China Taiping (~A$100 million). Phillip Kingston. Source: Facebook Sargon Capital had reportedly been attempting…

Government appoints insolvency committee members – AccountantsDaily

The federal government has announced six part-time appointments to its insolvency and disciplinary committees. The federal government on Thursday announced six new appointments to its insolvency practitioner registration and disciplinary committees, each for a three-year period. Both committees are regularly convened by ASIC on matters related to liquidator registration applications and disciplinary matters. Among the…