Supplied Xeros loss was largely the result of restructuring costs and a write-down in the value of a business it bought in 2021. Small business accounting services company Xero has reported an after tax loss of $113.5 million despite a 28% increasing in its earnings. The net loss for the 12 months to the end…
Julian Challingsworth (Spirit managing director) Credit: Spirit Spirit Technology Solutions is redirecting its attention towards security, sustainability and scalability following the conclusion of its organisational restructuring. The three-pronged approach, launched this month, targets the three key high growth areas for the publicly listed company, according to a statement released to the Australian Securities Exchange (ASX).…
In the wake of a national manufacturing companys collapse, its liquidator says the case is unusual and complex and compensation for customers will be a lengthy process. Mooloolabas Transportable Shade Sheds (TSS) went into liquidation on Monday, April 3, reportedly leaving hundreds of customers either without product or half-delivered orders. It had factories at Beerwah and Coolum,…
Once Irelands richest person, Mr OReilly was the leading figure in businesses including Eircom, Independent News & Media and Waterford Wedgwood in his day. The former Ireland rugby player, who is now 87, also owned a slate of trophy properties in Ireland and abroad. He and his brother-in-law, Peter Goulandris, also ploughed 500m into Waterford…
Supplied Xeros loss was largely the result of restructuring costs and a write-down in the value of a business it bought in 2021. Small business accounting services company Xero has reported an after tax loss of A$113.5 million (NZ$121m), despite a 28% increasing in its earnings. The net loss for the 12 months to the…
The Insolvency Service Updated 16 May 2023 Contents Summary Background Survey Results and response Print this page Crown copyright 2023 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London…
WASHINGTON — Work requirements for federal aid programs have emerged as a sticking point in ongoing negotiations over raising the nations debt ceiling, and President Joe Biden has signaled openness to a possible compromise even as many in his party have balked. Legislation passed by the House in April would impose new or expanded work…
In short: Tasmanian company Multi-Res Builders was placed in liquidation on Sunday What’s next?: The liquidator says it will know in the next few days how many businesses, home owners and creditors are affected Liquidators are investigating how many contractors have been left unpaid and homes left unfinished after the collapse of a Tasmanian building company.…
WASHINGTON, May 17 (Reuters) – President Joe Biden and top U.S. congressional Republican Kevin McCarthy on Wednesday underscored their determination to reach a deal soon to raise the federal government’s $31.4 trillion debt ceiling and avoid an economically catastrophic default. After a monthslong standoff, the Democratic president and the speaker of the House of Representatives…
Distraught Julia Horton is deep in debt, owing money to a load of banks and store cards. Since April 2020 she has been paying 162 a month to a firm called Clear Start Accountants to supposedly deal with her money woes. Her creditors get 122 of the monthly payments while Clear Start keeps 40, and…