Results for Australia
- CGT liability for receivers and liquidators
Insight issued regarding a ruling handed down on CGT liability for receivers and liquidators. Attachment Size hdy_insight_cgt_liability_25_feb14.pdf 411.45 KB (Australia, Europe, Oceania, United Kingdom ...
Resource Article - twallace@abiwor... - 03/06/2014 - 15:25 - 0 comments - 1 attachment
- NAB Falls as Bank Signals Higher U.K. Provisions
National Australia Bank Ltd. (NAB) fell in Sydney trading after flagging a possible increase in provisions at its British operations, overshadowing a 7 percent increase in first-quarter profit, Bloomberg News reported. Shares of Australia’s biggest bank ...
Daily Headline - global.abi.org - 02/20/2014 - 23:39 - 0 comments
- US court refused Chapter 15 recognition of an Australian insolvency
Mayer Brown note and the actual opinion. Attachment Size drawbridge_-_mayer_brown_note.pdf 154.55 KB drawbridge_opinion.pdf 386.62 KB cap15-drawbridgespecialopportunities.pdf 59.26 KB ...
Resource Article - twallace@abiwor... - 03/06/2014 - 12:38 - 0 comments - 3 attachments
- Australian Unemployment Jumps to 10-Year High
Australia’s unemployment rate climbed to the highest in more than 10 years in January, spurring traders to pare bets on an interest-rate increase and sending the Aussie to its biggest drop in almost three weeks. The jobless rate rose to 6 percent from 5. ...
Daily Headline - global.abi.org - 02/12/2014 - 23:30 - 0 comments
- Forge In Voluntary Administration
Insolvency firm Ferrier Hodgson has been appointed as voluntary administrator by the board of bankrupt contractor Forge Group, sources close to the situation told The Australian Financial Review's Street Talk. The next step is that lender ANZ Ba ...
Daily Headline - global.abi.org - 02/11/2014 - 23:27 - 0 comments
- Lead Creditor ANZ Offloads Debt From Collapsed Tasmanian Timber Company Gunns
The ANZ bank has sold about $200 million of debt owed to it by failed Tasmanian timber company Gunns, The West Australian reported. The bank was the lead creditor when Gunns collapsed in 2012. ANZ says it is no longer part of the Gunns banking syndic ...
Daily Headline - global.abi.org - 01/29/2014 - 23:25 - 0 comments
- Australia Sets Higher Capital Buffer for Four Biggest Banks
Australia’s four largest banks will need to carry an extra 1 percent of core tier 1 capital from Jan. 1, 2016, due to their systemically important status, according to the country’s banking regulator, Bloomberg News reported yesterday. Australia & Ne ...
Daily Headline - abi_admin - 12/24/2013 - 10:29 - 0 comments
- Ksubi Looks For Buyers, Sheds Staff
Around 60 staff have lost their jobs at the Australian Ksubi fashion label, which has been placed under receivership, The Australian reported. The trendy street brand was founded by George Garrow and Dan Single in 1999 and worn by the likes of superm ...
Daily Headline - global.abi.org - 12/18/2013 - 22:21 - 0 comments
- Dimmeys Cops $3 Million Fine, Business To Be Placed In Administration
Iconic Victorian discount retailer Dimmeys is close to administration, as yesterday it copped a $3 million penalty for breaching product safety laws. Dimmeys and distribution company Starite Distributors were penalised $3 million and $600,000 respectivel ...
Daily Headline - global.abi.org - 12/17/2013 - 22:39 - 0 comments
- 76 Jobs Lost As Business Shuts During Downturn
With Christmas just weeks away 76 people have lost their jobs as another Mackay business has been forced to close its doors. MACS Engineering went into voluntary administration yesterday with Derrick Vickers and Darryl Kirk, of PwC, appointed as administ ...
Daily Headline - global.abi.org - 12/17/2013 - 00:05 - 0 comments