Insolvency Guardian Media Centre

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Major Melbourne company collapses owing $29m
An Australian manufacturer, with sites in the US and Malaysia, has collapsed owing a staggering $29 million.The 60-year-old company, called
A Psychiatrist Tried to Quit Gambling. Betting Apps Kept Her Hooked. – The Wall Street Journal
A Psychiatrist Tried to Quit Gambling. Betting Apps Kept Her Hooked.  The Wall Street Journal Read the original article here
Kuwaiti tycoon behind ‘Dartford Disneyland’ declared bankrupt
The London Resort theme park was due to be built in Swanscombe, Kent - The London ResortThe Kuwaiti businessman behind
Government guarantees regional flights for REX customers during administration process
The Albanese Government has today announced it will guarantee regional flight bookings for Rex customers throughout the voluntary administration process.Regional
Rise in ‘deeply concerning’ complaints about banks not helping people in financial hardship
In short: Complaints about how banks handle financial distress rose 25 per cent last year, the Australian Financial Complaints Authority (AFCA)
Cosmetics Firm ‘The Body Shop’ Goes Bankrupt, Shuts Down US, Canada Stores
Monthly Digest Of IBC Cases: July 2024
IBC | CIRP Of Holding Company Cannot Include Subsidiary's Assets: Supreme Court Case no. – Civil Appeal No. 4565 of
Geelong man issues warning against online sport gambling after his addiction saw him land in jail
In short: Mark Stockwell was sentenced to a jail term after he was caught skimming money from his employer to
Construction businesses a grim standout in insolvency data
New housing construction is seen at Schofields, north west of Sydney, Thursday, November 10, 2022. Source: AAP Image/ Bianca De
Home builder liquidation crisis grows as more companies collapse
More and more home builders are collapsing across Australia as soaring materials and labour costs cripple the companies working desperately
How do we protect students from ballooning HELP debts? A fixed maximum indexation rate would help
The indexation of student debt is arguably the federal government’s biggest political problem when it comes to universities. Last June,
Local government section 114 (bankruptcy) notices
What does it mean when a local authority goes “bankrupt”?Local authorities cannot actually go “bankrupt” in the way that a