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Hundreds of jobs have been lost across Australia after Adelaide-based construction firm York Civil closed, just a week after being
Construction and engineering company York Civil has ceased trading, leaving 188 employees out of work.The company told employees and
One MP said he continued to back the certainty offered by the National Energy Guarantee.Fairfax Media understands Mr Sims made
Dear Lifehacker, I keep seeing certain types of debt (mortgages, student loans) referred to as "good" debt, whereas other types
A South Australian construction company involved in major infrastructure projects around Australia will stop trading immediately.York Civil recently went into
by Jeff Bennett Tales of rural doom and gloom in the face of the current drought are high on the
Katie Price 'attempts to sell £150K pink horse box in a bid to raise money' amid bankruptcy woesBy MailOnline Reporter
(Unsplash/KyleGlenn)* Partner PostDo you ever feel like taking or applying for a debt consolidation loan? You will have to be
The heart of Marietta its downtown Square has never bustled more.The streets and sidewalks around Glover Park teem with shoppers,
As small business owners across the country lodge their tax returns, brokers can play a key role in helping them.
Dear Sir / Madam, We would like to inform you that 2nd meeting of Committee of Creditors of Sterling Biotech
A high-end PC case maker says it has been forced into bankruptcy and liquidation by tariffs introduced by Donald Trump.

Hundreds of jobs have been lost across Australia after Adelaide-based construction firm York Civil closed, just a week after being placed into voluntary administration.

The company’s administrator, Ferrier Hodgson, told employees and contractors of the decision this morning.

It said the company had ceased operations immediately because they haven’t been able to find a buyer to take over the business and its employees.

York Civil were involved in a tram extension at North Terrace,Adelaide.
York Civil were involved in a tram extension at North Terrace,Adelaide. (AAP)

It also said there is now insufficient cash to continue the company’s operations.

Staff at the company’s Regency Park headquarters, said they were blindsided by the announcement.

“Today, wasn’t expecting it. You come to work on a Monday, you …

Read the full article at: https://www.9news.com.au/national/2018/08/13/15/35/york-civil-jobs-lost-construction-administration

Construction and engineering company York Civil has ceased trading, leaving 188 employees out of work.

The company told employees and contractors on Monday morning.

A creditors meeting will be held on Thursday.

York Civil employed 136 workers in Adelaide, 31 in NSW, 18 in Western Australia and three in Queensland.

In a statement, administrator Ferrier Hodgson said the decision to cease the company’s operations had been made because of insufficient cash resources and the inability to find a buyer for the company.

The Adelaide-based business is currently working on major construction projects around Australia, including the Perth Stadium footbridge in Western Austra…

Read the full article at: http://www.abc.net.au/news/2018-08-13/construction-company-york-civil-ceases-trading/10113748

One MP said he continued to back the certainty offered by the National Energy Guarantee.

Fairfax Media understands Mr Sims made it clear to the Nationals party room that one of the 56 recommendations in the regulators pricing report in June should not be described as underwriting coal or favouring coal-fired power stations.

Instead, Mr Sims was unequivocal that the recommendation was about helping to finance new forms of generation regardless of their technology, ranging from renewables to fossil fuels.

Even so, many Nationals see the ACCC finance idea as a big attraction in the argument over the guarantee, which must clear the Coalition party room on Tuesday before going back to state and territory governments for approval.

Mr Buchholz prai…

Read the full article at: https://www.smh.com.au/politics/federal/nationals-talk-up-coal-after-accc-energy-meeting-20180813-p4zx72.html

Dear Lifehacker, I keep seeing certain types of debt (mortgages, student loans) referred to as “good” debt, whereas other types (credit card debt, for example) are referred to as “bad” debt. What does that mean? What makes a certain type of debt “good” and another type “bad?” (more…)

A South Australian construction company involved in major infrastructure projects around Australia will stop trading immediately.

York Civil recently went into voluntary administration but because of insufficient cash resources and the inability to secure its sale, the company has ceased operating, administrator Martin Lewis said on Monday.

Employees and contractors were informed of the decision on Monday morning with any shortfall in entitlements to be met through the Fair Entitlements Guarantee Scheme should the company be placed in liquidation.

It was too early to determine the level of payments to unsecured creditors, Mr Lewis said, with a meeting to be held on Thursday.

York Civil has been involved with the delay-plagued but almost comp…

Read the full article at: https://www.news.com.au/national/breaking-news/york-civil-to-stop-trading-immediately/news-story/aacbd74600dbf146b5c8c5c3077d8b85

by
Jeff Bennett

Tales of rural doom and gloom in the face of the current drought are high on the media profile at present. It may surprise some who have digested this material that Australian farmers are, in fact, a robust lot. Rather than standing around waiting for help to arrive in the form of government handouts or donations from pitying urbanites, the majority of farmers are simply getting on with the task of running their businesses.

That isn’t easy right now in the face of the dry conditions. Nor is it anything new. Out of necessity, Australian farmers have been working out how to adapt European agricultural practices to the wide variations in seasonal conditions that characte…

Read the full article at: https://www.afr.com/opinion/columnists/drought-handouts-helps-marginal-farmers-but-hurts-the-rest-20180811-h13upl

Katie Price ‘attempts to sell £150K pink horse box in a bid to raise money’ amid bankruptcy woes

MailOnline Reporter

Katie Price has reportedly attempted to sell her £150,000 pink horse box after she was given three months to pay off her debts, totalling £250,000.

According to The Daily Star, the former glamour model, 40, was ‘snubbed by a horsebox…

Read the full article at: http://www.dailymail.co.uk/tvshowbiz/article-6052741/Katie-Price-attempts-sell-150K-pink-horse-box-bid-raise-money-amid-bankruptcy-woes.html


(Unsplash/KyleGlenn)

* Partner Post

Do you ever feel like taking or applying for a debt consolidation loan? You will have to be considering all the numerous companies and the financial institution which offer debt consolidation loans. You must try to find out the specific and essential demands that are going to get made by the company that you choose to help you with your financial problems. There would be a number of different steps that are required to get implemented before you agree to sign your contract with the debt settlement company. It is vital that you must find a good company which will ensure that you get good, quality service and also secure the best services for debt relief that can help you in maximizing your controls over …

Read the full article at: https://www.christiantoday.com/article/why-is-it-essential-for-you-to-check-the-company-prior-to-taking-any-debt-consolidation-loan-from-them/130191.htm

The heart of Marietta its downtown Square has never bustled more.

The streets and sidewalks around Glover Park teem with shoppers, diners and theater-goers strolling through an eclectic collection of stores, restaurants and entertainment venues.

Motorists jockey for the elusive parking spot.

A proliferation of half-million-dollar (and up) homes are sprouting all around downtown. The amenity most touted by home sellers? Walk to the Square!

Counted as a major attraction is the northeast anchor of the Square: the much beloved Earl and Rachel Smith Strand Theatre.

To call the Strand much beloved is neither trite nor cliche. The building was onc…

Read the full article at: https://www.mdjonline.com/opinion/editorial-join-earl-and-help-erase-the-strand-s-k/article_87fdcbb8-9de1-11e8-bdd7-e72841993855.html

As small business owners across the country lodge their tax returns, brokers can play a key role in helping them.

This is the message from specialist lender Liberty, which helps small business customers consolidate their tax debt.

Group sales manager at the specialist lender, John Mohnacheff, said brokers should be reaching out to their small business customers at this time of year.

Many small business owners arent aware they can consolidate tax debt into an existing home or commercial loan.

However, not all lenders accept tax debt, so brokers should know their options.

He added, If people get a little bit behind with their tax debt, you really d…

Read the full article at: https://www.brokernews.com.au/resources/custom-lending/brokers-can-help-tax-debt-consolidation-252626.aspx

Dear Sir / Madam,

We would like to inform you that 2nd meeting of Committee of Creditors of Sterling Biotech Limited was held on Friday, 10th August 2018 at 12.00 Noon IST at IMC Bldg., IMC Marg, Churchgate, Mumbai – 400 020, Maharashtra, India. The Meeting commenced on 12.00 Noon IST and concluded on 06.00 P.M. IST.

You are requested to take the same on record.

Pdf Link:
Sterling Biotech Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP)

Source : BSE – www.bseindia.com

Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/sterling-biotech-ltd-corporate-insolvency-resolution-process-cirp-updates-corporate-insolvency-resolution-process-cirp/article24665866.ece

A high-end PC case maker says it has been forced into bankruptcy and liquidation by tariffs introduced by Donald Trump.

CaseLabs, which makes custom towers for computers and has a high-profile following, including prominent YouTubers such as LinusTechTips, announced it would be permanently closing on Saturday.

Read the full article at: https://www.independent.co.uk/news/world/americas/pc-case-maker-caselabs-latest-news-bankrupt-liquidated-us-tariffs-a8487416.html

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