Why Toowoomba is among highest for personal insolvency – Toowoomba Chronicle

Bankruptcy

THE lingering impacts of the resources slump and a strong entrepreneurial spirit have sent Toowoomba broke at one of the highest rates in the state. Australian Financial Security Authority figures revealed Toowoomba had one of the highest personal insolvency rates in Queensland for the December 2017 quarter. Toowoomba recorded 64 debtors entering a new personal…

Historic Ayrshire knitwear business goes into liquidation – Business … – insider.co.uk

Liquidation

The Balmoral Knitwear factory – a favourite brand among Scotland’s golfing community – has closed following the appointment of liquidators to the Ayrshire-based business. Paul Dounis and Steven Ross of RSM Restructuring Advisory have been appointed provisional liquidators of Balmoral Knitwear , which makes plain and embroidered corporate uniform, school and workwear. The move means…