A longstanding WA agricultural lobby group has entered voluntary administration a week after revealing “serious financial misconduct” had been detected within the organisation.

The Pastoralists and Graziers Association appointed RSM Australia Partners Jerome Mohen and Greg Dudley as voluntary administrators at a board meeting on Thursday afternoon.

Mr Mohen said the lobby group made the decision after discovering financial irregularities and a funding shortfall, reported to be $2 million.

The PGA emailed its members last Friday confirming membership payments were suspended and an investigation under way, with several staff of the 118-year-old organisation…

WORTHINGTON — The Nobles County Board listened to and discussed Savi Solution’s plan to solve the student debt crisis among county employees at Wednesday’s work session and how its service could be offered as a benefit for Nobles County employees. Based in Washington D.C., the social impact tech startup business works with its partners to help solve the student debt crisis, currently working with over 150 federal and state programs to help borrowers with student debt.

Depending on individual cases, Savi users see an average savings of $187 a month and over $40,000 in forgiveness to the Public Service Loan Forgiveness Program. In some cases, monthly payments are reduced to $0 a month.

Savi’s Director…

An improving insolvency framework is important for achieving 7-8 per cent economic growth over the next decade, the Economic Survey said on Friday and pitched for imposition of higher costs to prevent entities from filing frivolous applications during the resolution process. The suggestion also comes against the backdrop of long delays in the insolvency resolution process in various cases.

The Survey, tabled in Parliament, also called for reforms to improve operational efficiencies to speed up the resolution process under the Insolvency and Bankruptcy Code (IBC), which came into force in 2016.

“By addressing financial distress and NPAs…

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The Economic Survey 2024-25 was tabled in the Parliament today (January 31, 2025) after President Droupadi Murmu’s address commencing the Budget Session. The report urges the introduction of insolvency and bankruptcy reform to improve operational efficiencies to speed up the resolution process. This is especially important for MSMEs, for whom legal costs can prove to be substantial.

Improving time efficiencies in the system comes down to using innovative resolution routes such as the pre-pack arrangements for MSMEs, inter-disciplinary capacity building of resolution professionals across legal,…

“The data collection is being completed. We are already underway with the debt cancellation process,” Minister of MSMEs Maman Abdurrahman remarked.

He explained that data collection has been carried out on MSMEs that have received debt collection assistance through the Association of State-Owned Banks (Himbara).

However, he acknowledged that technical factors, such as the geographical distance between MSME entrepreneurs in the country, are currently hindering the debt cancellation process.

“Each of them is spread far away. This is a technical matter,” Abdurrahman said.

He…