Iluka Resources plans to put its Hamilton mineral separation plant in Victoria on care and maintenance status resulting in an $150 million pre-tax impairment charge in its half-year accounts. The mineral sands miner will also record redundancy and restructure costs of $14 million in the half-year results, with the plant expected to suspend operations in…
Brisbane-founded recruitment startup iRecruit made its Shark Tank debut on Tuesday night, but a lot has happened at the company since the television episode was filmed last year. IRecruit attracted $500,000 in pre-launch seed funding in August 2016, but by the time Tuesdays Shark Tank episode went to air, both of the companys co-founders had stepped…
Becker declared bankrupt by British court Published on: Thursday, June 22, 2017 LONDON: Boris Becker (was declared bankrupt by a British court on Wednesday after the former tennis player failed to pay a long-standing debt. A lawyer for the six-time Grand Slam champion pleaded with a Bankruptcy Court registrar in London for a last…
Australians will be protected from running up excessive debt with multiple credit cards under a new federal government plan. Their ability to repay credit limits within a reasonable period will require assessment in a suite of measures to be introduced before the end of 2017. Unsolicited offers of credit limit increases will be banned, how…
Tennis champion Boris Becker has been declared bankrupt – by a court official who watched him play on Centre Court. Lawyers for the three-time Wimbledon winner pleaded with a Bankruptcy Court registrar in London on Wednesday for “a last chance” to pay a long-standing debt. But Miss Registrar Christine Derrett, who recalled watching him play,…