Two mothers whose sons took their own lives after being given a Centrelink debt have hit back at government denials that its disastrous robodebt scheme ever caused suicides. Handwritten letters were submitted to a Senate inquiry this afternoon by Queensland mothers Kath Madgwick and Jennifer Miller. The women were responding to a comment made by…
Member Article Corporate insolvencies in England and Wales increased by 29% when compared to June 2020 but are 34% lower than in July 2019 Personal insolvency numbers in England and Wales decreased when compared to June 2020 (12% lower) and July 2019 (40% lower) Eleanor Temple, chair of the insolvency and restructuring trade body R3…
Denim label G-Star Australia will close after failing to find a buyer who could pull them out of voluntary administration. G-Star Australia entered administration in May, saying traditional retailers were already facing business pressures pre-COVID-19, and that the pandemic only increased them. Ernst & Young had stepped in as voluntary administrators, but announced on Monday…
Professional services firm PwC has clinched a restructuring deal for Travelex, which appointed administrators earlier in August. The news safeguards around 1,800 jobs in the UK. Businesses centring on travel and hospitality have endured a nightmare start to 2020. With the global outbreak of coronavirus, and the international lock-down ushered in to slow its spread,…
MCM Entertainment’s Tony McGinn MCM Entertainment, the music media company behind popular radio shows and a concert series has filed for liquidation. The Herald-Sunreports that filing took place on July 16, with insolvency firm Hamilton Murphy handling the liquidation. MCM Entertainment produced the concert series Live At The Chapel, shot at South Yarras Chapel off…
Residents at Mount Providence Village aged care facility have been told to get out following the organisation’s announcement it has gone into liquidation. Upset tenants have had to scramble to find new accommodation, with some having only recently bought property at the location in South Muswellbrook. The news comes approximately just 30 months after the…