If the Senate passes budget reforms for higher education, Higher Education Loan Program (HELP) repayments would start earlier, with a wider range of rates: 1% of income for those earning A$42,000, rising to 10% at $120,000. To put this in context, in 2017 the Australian minimum full-time wage is about $35,000 and the average full-time…
Fast-fashion retailer Topshop Australia has entered voluntary administration, leaving employees across the country feeling shocked and uncertain about their future. The company says it will be business as usual while administrators decide on the next steps, and has promised its 760 employees they will still be paid. Australia’s arm of Topshop/Topman has nine stand-alone stores,…
Pam Bondi J. Albert Diaz A Miami federal judge issued an injunction against what Florida’s attorney general calls a multimillion-dollar debt relief scam. The Federal Trade Commission and Attorney General Pam Bondi filed a complaint alleging 11 companies falsely promised to consolidate consumers’ debt and improve their credit for fees of hundreds or thousands…
Introduction Courts’ jurisdiction Potential for reform Introduction Jersey has a familiar range of legal processes and remedies for the restructuring and insolvency of corporations. The principal provisions are contained in the Companies (Jersey) Law 1991 and the Bankruptcy (Désastre) (Jersey) Law 1990. These have been consistently applied and developed by the Royal Court. While certain…
Has your credit card debt spiraled out of control? Are you juggling payments to a long string of creditors, feeling like youre never making a dent in the amount of debt you owe? Even worse, is this debt growing each month because of high interest rates? Faced with this stress, you might be considering a…
David Koch explains some easy, no brainer money saving tips. About 60 per cent of Australians admit they gamble on a weekly basis. EXCLUSIVE: A majority of Australians gamble every week and are blowing thousands of dollars a year in the hope of winning cash, alarming new statistics have revealed. Experts have blamed the boom…
Weak French sales and restructuring costs hit Kingfisher 24 May 2017 From the section Business Image copyright Screwfix Shares in Kingfisher, the owner of B&Q and Screwfix, have slumped after revenues were hit by weak French sales and restructuring costs. Kingfisher shares were the worst performer on the London stock market in early trade, falling…
Greeces lenders and eurozone partners disappointed Athens once again last night. Despite Alexis Tsipras securing reforms that have made him less popular than Donald Trump, his country has been left to deal with the financial and social costs. Yesterday, The Brief brought you the eurozones great success story, Portugal. Today, its time to look at…
Topshop Australia was placed into voluntary administration on Wednesday Fashion retailer will continue to trade as normal during administration period Customer policies, including gift cards and product returns, will continue By Khaleda Rahman For Daily Mail Australia Published: 18:45 +10:00, 24 May 2017 | Updated: 19:51 +10:00, 24 May 2017 e-mail 226 shares 3 View comments…