Insolvency Guardian Media Centre
The major bank is following regulator recommendations and implementing student debt servicing assistance to help boost home ownership.
NAB will no longer consider Higher Education Loan Program (HELP) debt in home loan servicing if they owe $20,000 or less, effective from 31 July.
Matt Dawson, NAB’s executive for home ownership, said these changes will help get more first home buyers into the market.
However, he also recognised that supply remains a key challenge, calling on “collaboration across the board” to help address these issues.
Last month, APRA set a start date for its guidance on the servicing of HELP debt when assessing home loan applications, kicking off on 30 September 2025.
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The administrators of Brindabella Christian College in Canberra’s north say the school spent hundreds of thousands of dollars on an overseas trip and a robot dog while it may have been insolvent.
Deloitte was called in as administrators of the college in March.
In a 113-page report to creditors, its investigations show $330,000 was spent on a robot dog and donations were made to a political party using a company credit card.
Deloitte also suggested the school was likely insolvent from “at least January 2021”.
“From as early as March 2018 concerns were raised by the business manager and principal with the members of the board,” they said.
“From October 2020 … the company constantly failed to lodge its tax lodgements in time.
The…
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Semiconductor company goes bankrupt amid pressure from Chinese rivals TheStreet
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New Delhi: Reliance Infrastructure Ltd on Friday said appellate tribunal NCLAT has stayed the insolvency proceedings against the company following a repayment of ₹92.68 crore towards tariff as per an energy purchase agreement.
Reliance Infrastructure in its latest regulatory filing said that the National Company Law Appellate Tribunal (NCLAT) has stayed an NCLT order over an appeal filed by it.
The Mumbai bench of the the National Company Law Tribunal (NCLT) on May 30 this year directed initiation the corporate insolvency resolution process and appointment of an interim resolution professional against Reliance Infrastructure.
The NCLT order came after…
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Insolvency and Bankruptcy Law Division of CBLT (IBLD-CBLT), RGNUL is organizing Seven-Day Online Certificate Course on Insolvency and Bankruptcy, scheduled from 18th to 24th August, 2025 and invites participations. The course is designed to provide participants with both foundational knowledge and practical insights into India’s insolvency framework, with focused modules on valuation, liquidation, cross-border insolvency, distressed asset markets, and more.
The Rajiv Gandhi National University of Law (RGNUL), Punjab, was established by the State Legislature of Punjab. The Act incorporated a University of Law of national stature in Punjab to fulfill the need for a Centre of Excellence in legal education in the modern era of…
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My [university] debt is a real Debbie Downer,” says Stella Kirkby, 26, who graduated from Macquarie University in 2021, and owes $26,000 in deferred tuition fees.
She says it’s great news, then, that Labor is following through with its election promise to cut Higher Education Loans Program (HELP) debts (also commonly referred to by the old title of HECS) by 20 per cent.
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(InvestigateTV) — Credit card debt is a tough cycle to break, and a recent survey found many people are feeling like they’re falling further behind.
“It’s something that is kind of plaguing most Americans. It’s definitely not going away any time soon,” WalletHub Managing Editor John Kiernan said.
Kiernan said he’s heard countless stories from people struggling to keep up with rising credit card interest rates. And the numbers bear this out.
An April survey by WalletHub found that nearly 1 in 3 Americans expect to end the year with even more credit card debt.
It also found that half of Americans are concerned that tariffs could make their credit card debt worse and that 46 percent don’t have a plan to pay down their debt.
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(InvestigateTV) — Credit card debt is a tough cycle to break, and a recent survey found many people are feeling like they’re falling further behind.
“It’s something that is kind of plaguing most Americans. It’s definitely not going away any time soon,” WalletHub Managing Editor John Kiernan said.
Kiernan said he’s heard countless stories from people struggling to keep up with rising credit card interest rates. And the numbers bear this out.
An April survey by WalletHub found that nearly 1 in 3 Americans expect to end the year with even more credit card debt.
It also found that half of Americans are concerned that tariffs could make their credit card debt worse and that 46 percent don’t have a plan to pay down their debt.
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Property puzzle traps MTNL debt relief | Company Business News Mint
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The Killarney Brewing and Distilling Company which went into liquidation this week had dozens of creditors when it entered the examinership process in April, with more than €8m owed.
The company confirmed the unsuccessful conclusion of its examinership process on Tuesday, with more than 50 jobs impacted by the brewery ceasing operations. The company premises included the plush multi-million euro brewery, whiskey distillery, and visitor centre overlooking the lakes of Killarney in Fossa.
The independent expert’s report filed as part of a petition to the High Court in April showed Killarney Brewing Company had a creditors’ listing topping €8m. Included in the list of creditors of the brewing company were Kerry County Council, which…
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National Company Law Tribunal, Chandigarh: In an instant application filed by the applicant, under Section 59, 60(5) and other applicable provisions of the Insolvency and Bankruptcy Code, 2016 (IBC), read with Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 (‘Voluntary Liquidation Regulations’) for withdrawal of voluntary liquidation of the Company, the Bench of Harnam Singh Thakur, Member (Judicial) and Shishir Agarwal, Member (Technical), stated that in an exceptional cases, where the liquidation was initiated voluntarily and is now sought to be withdrawn by the same consenting stakeholders, and no third-party rights are affected, inherent powers of the Tribunal under Rule 11 of the
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Government announces support for Bedford following yesterday’s voluntary administration announcement Glam Adelaide