Brendan OConnor, right, on Sky News this morning. LABOR is demanding to know more about the unnamed investor, who may enable Family First senator Bob Day to reverse his decision to resign from parliament to take care of his collapsed building company. Labor frontbencher Brendan OConnor also wants the government to explain whether it has…
An IT distribution company that has operated for almost 20 years has collapsed into voluntary administration. Altech Computers was established in 1997 and has offices and warehouses in Sydney, Melbourne, Brisbane, Adelaide, Perth, Auckland and Hong Kong. The business featured in BRWs Fast 100 for several years between 2004 and 2006, coming in at number…
(Beijing) A major Chinese state-owned container shipping company has been declared bankrupt after it struggled to repay debts of 8.45 billion yuan ($1.25 billion). The Hangzhou Intermediate People’s Court in Zhejiang province granted Zhejiang Ocean Shipping Co. Ltd.’s application to liquidate, according to a court document viewed by Caixin. Zhejiang Communications Investment Group Co. Ltd.,…
Printing bill: Eva Grosman Well-known consultant and public figure Eva Grosman has been declared bankrupt over a £21,000 debt to a printing company, the Belfast Telegraph can reveal. Ms Grosman, who is Polish, told the Belfast Telegraph that it was “unfortunate” her debtor had taken action against her but that she would be continuing in…
Family First senator Bob Day wrote a book about sales in which he emphasised the importance of keeping promises to customers, delivering products on time and avoiding the distractions of a second job. Families brought to the brink of financial ruin by Senator Day’s failed Home Australia building company have labelled him a “total hypocrite”…
Published: 19:29 +11:00, 28 October 2016 | Updated: 20:44 +11:00, 28 October 2016 Hefty charges saw Royal Bank of Scotland swing to a £469million third quarter loss but its shares pushed higher on signs of improvement in its ‘core businesses.’ The big loss compares with a profit of £940million in the same period last year,…
The company behind the Top Gear Experience track days has gone bust, and has chosen to blame the shitty relaunch of Top Gear following the departure of Jeremy Clarkson, James May and Richard Hammond. Today, TGXP Ltd cancelled all bookings for track day experiences at the Dunsfold Park test track, where the series is filmed,…
Gambling and football are inextricably linked, with the worlds most-popular sport big business and millions of people having a punt on the action. Over $1 billion is wagered on every Premier League game, while clubs now have betting partners to cash in on the popularity. However, new research has highlighted the issue of players putting…
The Federal Opposition and the Greens have ramped up their criticism of Family First Senator Bob Day, who seems to be hedging his bets on whether to resign from the Senate amid hopes of a financial bailout. Last week Senator Day signalled his intention to resign as a senator for South Australia as his…
Bill Shorten is set to launch an attack on the coalition, labelling the prime minister ‘morally bankrupt’. Opposition leader Bill Shorten has launched an attack on the PM at Labors state conference. Picture: Tim Marsden BILL Shorten has launched a scathing attack on the Coalition, labelling the prime minister morally bankrupt and reliant on an…