Big Un Limited, the controversial small business video production company, has reported a $52.2 million net loss for the half year to December 2017 as it published its long overdue accounts.
The delay in filing its half-year accounts had already forced the regulator to ban the company from issuing shares without a prospectus and threaten it with court action.
But on Monday, Big Un finally published its half year numbers, reviewed by West Perth-based accounting firm Rothsay Audit which t had previously conducted the audit of the company’s full year accounts to June 30, 2017.
Big Un chairman Nick Jordan told investors the company had adopted new accounting standards that meant funds from “sponsors” were no longer being recogn…
Read the full article at: https://www.afr.com/business/big-un-reports-52m-half-year-loss-20180730-h13c6b
MEL B has landed herself a new TV gig, but her $1.7 million salary isnt going to be around long enough to burn much of a hole in her pocket.
According to The Sun, the singer will have to give away almost all of her new salary after being hired to appear on Americas Got Talent: The Champions.
Mels bank balance is reportedly in such dire straits almost every penny will have to go to cover her outstanding debts accrued from a bitter and costly divorce battle with Stephen Belafonte.
A source close to Mel said: On paper the money is great and looks set to help Mel to cover her debt issues.
But the truth is that she has many mounting debts, with the taxman looking for £200,000 ($AU355,000) and more bills due.
She agreed to hand a large sum to Steph…
Read the full article at: https://www.news.com.au/entertainment/celebrity-life/mel-bs-americas-got-talent-pay-packet-to-go-towards-clearing-dire-debts/news-story/54b143a6ba706fe44ab270d1a2d46899


The Pleasant Point Hotel will not be put into liquidation after an Inland Revenue Department application was withdrawn.
The only hotel in a small South Canterbury town has avoided being placed in liquidation, after Inland Revenue withdrew an application against the business in the Timaru High Court on Monday.
Inland Revenue filed the application to have Pleasant Point Hotel 2015 Ltd, which owns the only hotel in Pleasant Point, 19km inland from Timaru, put into liquidation on March 15, 2018.
The hearing was adjourned from May 28 until Monday, when the court was told by …
Read the full article at: https://www.stuff.co.nz/timaru-herald/news/105854800/company-behind-only-hotel-in-small-south-canterbury-town-avoids-liquidation


The Pleasant Point Hotel will not be put into liquidation after an Inland Revenue Department application was withdrawn.
The only hotel in a small South Canterbury town has avoided being placed in liquidation, after Inland Revenue withdrew an application against the business in the Timaru High Court on Monday.
Inland Revenue filed the application to have Pleasant Point Hotel 2015 Ltd, which owns the only hotel in Pleasant Point, 19km inland from Timaru, put into liquidation on March 15, 2018.
The hearing was adjourned from May 28 until Monday, when the court was told by …
Read the full article at: https://www.stuff.co.nz/timaru-herald/news/105854800/pleasant-point-hotel-will-not-be-put-into-liquidation
Nathan Khoury.
Photo: Supplied
A 20-year-old man found dead at his family’s farm on Melbourne’s northern outskirts was being hunted over significant gambling debts, sources say.
Nathan Khoury, of Brunswick, was found lying in dirt with a rifle nearby at a family property in Bulla, just before midday last Thursday.
Underworld sources told The Age Mr Khoury was being pursued over a six-figure gambling debt in the weeks before his death and that his suspected murder was meant to look like a suicide.
What I know for 100 per cent is that he owed a vast amount due to gambling and that weeks prior to his death he was calling everyone under the sun to lend him money, the source said.
He was desperate and knew something bad was on the brink.
Read the full article at: https://www.theage.com.au/national/victoria/mortician-found-dead-at-bulla-had-substantial-gambling-debt-20180730-p4zue4.html
Nathan Khoury.
Photo: Supplied
A 20-year-old man found dead at his family’s farm on Melbourne’s northern outskirts was being hunted over significant gambling debts, sources say.
Nathan Khoury, of Brunswick, was found lying in dirt with a rifle nearby at a family property in Bulla, just before midday last Thursday.
Underworld sources told The Age Mr Khoury was being pursued over a six-figure gambling debt in the weeks before his death and that his suspected murder was meant to look like a suicide.
What I know for 100 per cent is that he owed a vast amount due to gambling and that weeks prior to his death he was calling everyone under the sun to lend him money, the source said.
He was desperate and knew something bad was on the brink.
Read the full article at: https://www.smh.com.au/national/victoria/mortician-found-dead-at-bulla-had-substantial-gambling-debt-20180730-p4zue4.html
Telstra has revealed the departure of four senior leaders, and revealed a new leadership lineup as part of an organisational restructure in line with its Telstra2022 strategy flagged last month.
Exiting senior Telstra staff are chief financial officer Warwick Bray, technology innovation and strategy group executive Stephen Elop, wholesale group executive Will Irving and chief marketing officer Joe Pollard.
Telstra announced recent SBS chief executive and managing director Michael Ebeid would join the company to run its enterprise team on 8 October, while Brendon Riley will become chief executive of Telstra InfraCo, the infrastructure business to be spun out of the telco as announced in June.
Nikos Katinak…
Read the full article at: https://www.crn.com.au/news/telstra-leaders-exit-new-executive-team-unveiled-499253





