Results for Australia
- Middle Class Hit By Bankruptcies
Professionals and people on high incomes are declaring bankruptcy faster than ever before in Australia, according to a study that reveals levels have risen by more than a third in the past four years, The Sydney Morning Herald reported. Analysing the ...
Daily Headline - global.abi.org - 05/24/2010 - 07:50 - 0 comments
- Mining Tax ‘Contagion’ Set to Spread From Australia
Australia’s planned 40 percent tax on mining profits has set a benchmark for other countries weighing higher levies, reducing earnings forecasts for BHP Billiton Ltd. and Rio Tinto Group and the attraction of mining stocks, Bloomberg reported. Mining com ...
Daily Headline - global.abi.org - 07/29/2010 - 09:26 - 0 comments
- Retailer Clive Peeters Placed In Voluntary Administration
The first meeting of creditors to Clive Peeters Ltd is expected no later than May 28 after the discount appliance retail was placed into voluntary administration by its banker National Australia Bank Ltd (NAB), the Business Spectator reported on an A ...
Daily Headline - global.abi.org - 05/19/2010 - 10:14 - 0 comments
- Investment Company Goes Into Administration
A company which manages investment schemes in the Great Southern and around Western Australia has gone into administration, ABC News reported. Rewards Group Limited manages plantations of native Sandalwood near Narrogin and stone fruit and grapefruit orc ...
Daily Headline - global.abi.org - 05/18/2010 - 09:42 - 0 comments
- Transurban To Buy Lane Cove Tunnel
Transurban Group said Monday that its Canadian pension fund shareholders are considering whether or not to lodge a revised takeover bid for Lane Cove Tunnel after it agreed to pay 630.5 million Australian dollars (US$569.4 million) for the tollroad opera ...
Daily Headline - global.abi.org - 05/11/2010 - 08:00 - 0 comments
- Scott Printing In Administration
Sydney-based printing group Scott Printing has entered voluntary administration, though the director said he was confident of being able to return to trading, ProPrint reported. Director Andrew Scott told ProPrint that Crouch Amirbeaggi was appointed ...
Daily Headline - global.abi.org - 05/04/2010 - 09:56 - 0 comments
- Australian Export Firm Collapses
A leading Australian fruit exporter has collapsed with debts in excess of A$10m (US$9.25m). Mildura-based JAK Fruit Pty Ltd, run by managing director Jason Kotz, went into voluntary administration on Tuesday 27 April, the Sunraysia Daily reported. Th ...
Daily Headline - global.abi.org - 04/29/2010 - 09:02 - 0 comments
- Banks Pulling The Plug On Ailing Businesses
The trend by banks in Australia to wind up small businesses that have fallen behind is likely to take off in New Zealand, a business turnaround specialist says, BusinessDay.co.nz reported. Trevor Thornton, of accounting firm Grant Thornton New Zealand, s ...
Daily Headline - global.abi.org - 04/26/2010 - 08:53 - 0 comments
- Insolvency practitioners qualifications and appointment
(Australia, Oceania) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Australia,Oceania ...
Resource Article - global.abi.org - 04/26/2010 - 08:23 - 0 comments - 1 attachment
- Payout To FEA Chief Is Denied
Receivers appointed to troubled Launceston timber company Forest Enterprises Australia are yet to decide on the need for more redundancies, The Examiner reported. After concerns from staff that former chief executive Andrew White had received a lucra ...
Daily Headline - global.abi.org - 04/23/2010 - 07:21 - 0 comments