The collapse of construction and property company, Pindan Group, which has gone into administration owing up to $100-million to workers, subcontractors and creditors mainly in WA shows the urgent need for statutory trusts and security of payment laws for the construction industry. This is according to the CFMEU Construction & General union, which has called…
On 10 May, the IMF said it had reached broad agreement on the macroeconomic framework needed for Zambias request for an Extended Credit Facility (ECF). Zambias ministry of finance added that significant progress had been made and that talks would continue at the appropriate time. The real progress that has been made is rather limited,…
Wednesday, May 19, 2021 A strong brand creates a competitive edge; such a brand will often enhance consumer loyalty, not only because of the products offered, but also because of the name on the label. While a brand may have a strong customer base, in todays climate it, unfortunately, does not mean that the business…
The franchisor Jump Loops Pty Ltd (in liquidation) (Jump Swim) has been ordered to pay penalties of $23 million for making false or misleading representations and wrongly accepting payments from franchisees, in proceedings brought by the ACCC. Jump Swim offered Jump Swim branded learn-to-swim school franchises for sale between March 2016 and July 2019. The…