Lusignan said there was not any information on file about the Bakunowiczs bankruptcy, so she was unsure how that might affect the outstanding debt. At the time she filed for bankruptcy in 2017, Bakunowiczs companies also owed $147,000 in unpaid taxes to the Employment Security Department, $41,500 to the Internal Revenue Service and $95,000 in…
Michael Rowland, a partner in KPMGs consulting division, has left the Big Four to join Westpac where he has been installed as chief financial officer, ending a near six-month job search. The appointment comes six months after Australias second-largest bank revamped its top leadership after last November’s revelations of a major money-laundering scandal that sparked…
Downer is a diversified company with a range of divisions including mining, engineering, construction and transport. It manufactures and maintains trains and trams, builds bridges and maintains power stations. Via Spotless it also has a major asset maintenance, cleaning and laundry management business. Management also updated the market on the company’s 2020 full-year results, forecasting…
Adelaide Tuesday July 21, 2020 Your views: on 5G, Crows and Hong Kong Eight Australian magazines closed permanently Charges laid over fatal Dreamworld ride Diary of a Bookseller: Writers, readers and lovers Hackney A lack of transparency around how Centrelinks Family Tax Benefit is balanced has seen some payments stalled, leaving welfare recipients stressed and…
Following the voluntary administration of Union Standard International Group, which operated under the brand USGFX, the Australian Securities and Investments Commission (ASIC) announced this Tuesday that is has suspended the companys Australian Financial Services (AFS) licence. According to the Australian regulator, the AFSL of USGFX has been suspended under section 915B of the Corporations Act…
The directors’ plan to resume trading provided a “superior outcome than liquidation”, Mr Quinlan said in a letter to creditors dated July 14 and creditors agreed, with no contrary votes among the 60 or so participants. The result scuttles a push within government for Sydney Opera House to take over the Eveleigh Railway Yards, a…
LONDON The Stella McCartney business is retrenching and restructuring in the wake of COVID-19, with the designer herself leading the way. According to a memo penned by chief executive officer Gabriele Maggio, and seen by WWD, the company is planning to lay off some staff; is asking others to reduce their salaries for an extended…
July 20, 2020 13:35 ET | Source: Feronia Inc. TORONTO, July 20, 2020 (GLOBE NEWSWIRE) — Feronia Inc. (Feronia or the Company) (TSX-V: FRN) today announces that, further to its announcement on May 22, 2020 and the subsequent third party sale process announced on June 2, 2020, it has today entered into a definitive purchase…
July 20, 2020 The IMF Executive Board approved debt relief under the Catastrophe Containment and Relief Trust to provide US$ 7.63 million (SDR 5.48 million) over the next 3 months, and potentially up to US$ 24.97 million (SDR 17.96 million) over the next 21 months. IMF debt relief will help free up resources for public…
By Alex Lennane 20/07/2020 Etihad Cargo has enjoyed three successive months of more than $100m in revenue, but Abdulla Mohamed Shadid, MD cargo and logistics, is to step down in November, according to a source at the airline. In a note to staff seen by The Loadstar, Mr Shadid said that the cargo arm was…