Prices are rising. That’s not only true for consumer goods and services, it’s also true in terms of the cost of borrowing money. And, if you have debt with variable interest rates – like credit cards and some other loans – you may be dealing with higher minimum payments than you’re used to. Against a backdrop of rising costs, it’s becoming more difficult for some consumers to make ends meet. Especially for those with high interest debt. 

If that’s true for you, you should pursue a debt relief service this May. Debt relief programs…

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The 60-year-old company, called Camatic Pty Ltd and trading as Camatic Seating, designed, manufactured and installed seating in stadiums, arenas, cinemas, theatres, educational institutions and transit areas around the world.

On its website, the firm boasted it had created seating for “some of the biggest stadiums and arenas in the US” which are home to American football teams, as well as the Australian Open tennis tournament.

But the company went bust at the start of April when it was placed into voluntary administration with Jason Stone and Glenn Franklin from insolvency firm PFK appointed to oversee it.

The company employed…

The Kuwaiti businessman behind a troubled £2.5bn Kent theme park meant to rival Disneyland has been declared bankrupt.

Abdulla Al-Humaidi, who was a key backer of the proposed London Resort development scheme, was confirmed to be insolvent at a High Court hearing last month.

It is the latest twist relating to the “Dartford Disneyland” scheme, which Mr Al-Humaidi previously ran as a director of London Resort Company Holdings.

London Resort, situated near the Thames in Ebbsfleet, was formed 12 years ago to rival the world’s biggest theme parks. However, it has been plagued by setbacks, including the discovery of a rare spider that hampered…

The Albanese Government has today announced it will guarantee regional flight bookings for Rex customers throughout the voluntary administration process.

Regional travellers can continue to book flights on REX during the process with the certainty that they will either fly or get their money back.

“Rex’s continuation is in the best interests of Australia – and the Government is working closely with the administrators to ensure a strong regional aviation presence now and into the future,” a statement from Transport Minister Catherine King said.

“The guarantee is for all regional flight bookings with Rex made after it entered voluntary administration at 9:31pm on 30 July 2024.

Sam Freeman, the Voluntary Administrator of Rex Group…

When her fixed interest rate ended in 2022, Mim Fox’s mortgage on her two-bedroom apartment shot up by $1,200 a month.

As a single mother-of-two, it wasn’t long before the bills started to get on top of her.

“I was really thinking about this all the time. It became a very stressful period of my life,” she said.

When she went into her…