Malaysia Airlines is prepared to shut down if ongoing talks with leasing companies about a restructuring plan fail, The Edge Malaysia cited the national carriers chief executive officer as saying. A sizable number of creditors support the companys plan, some are against it and others are still undecided, airline CEO Izham Ismail told the business…
Luke Grant is joined by Leith Van Onselen, Macrobusiness the Unconventional Economist, who writes that the usual suspects are already fretting over the Australian Governments ballooning debt, claiming we will leave a nasty legacy for future generations. Mr Van Onelen writes, The Federal Government has committed to a record $213.7 billion deficit this year as…
Debt campaigners are calling for the International Monetary Fund to sell some of its stockpile of gold to cover the debt payments owed by the worlds poorest countries for the next 15 months. With a looming developing world debt crisis high on the agenda at this weeks annual meetings of the IMF, the Jubilee Debt…
One barrister has received more than 98% of the 1.25m paid to lawyers by the states Legal Aid Board for personal insolvency cases since 2016. Details released following a parliamentary question by Richard Boyd Barrett show that the barrister Keith Farry was paid 1.23m of the 1.25m in fees paid to lawyers representing debtors that…
A FRAUDSTER who abused his position to rip off his employer of more than 20,000 has avoided being sent to jail. Christopher Hobson, of Jodrell Drive in Grappenhall Heys, used the funds to fuel his horrid gambling addiction and live a life above his salary. Chester Crown Court heard how the 30-year-old had blown through…
One barrister has received more than 98% of the 1.25m paid to lawyers by the states Legal Aid Board for personal insolvency cases since 2016. Details released following a parliamentary question by Richard Boyd Barrett show that the barrister Keith Farry was paid 1.23m of the 1.25m in fees paid to lawyers representing debtors that…