Before June ended, a major hospitality group with around 20 restaurants across Australia went under receivership. The incident confirms many local companies are finding the local business climate no longer healthy in Australia, particularly in view of the end of the mining boom. Sydney Morning Herald reports that the number of Australian companies which went…
Stuart McKinnon – The West Australian on July 5, 2016, 9:42 am Video Morning finance report – July 5 WA company insolvencies were up 21 per cent in the past year, well above the national rise of 15 per cent. Analysis and commentary by FTI Consulting revealed 1014 companies entered insolvency in the 12 months…
As governments across B.C. ponder expanding casinos, CTV News has learned a suicide after a huge theft from a Victoria-area volunteer soccer association was related to gambling. The B.C. Coroners Service found gambling was one of the risk factors that led the long-time president of the Gorge Soccer Association, Terry Marra, to kill himself just…
Stuart McKinnon – The West Australian on July 5, 2016, 9:42 am Video Morning finance report – July 5 WA company insolvencies were up 21 per cent in the past year, well above the national rise of 15 per cent. Analysis and commentary by FTI Consulting revealed 1014 companies entered insolvency in the 12 months…