Two prominent Melbourne restaurant and cafe businesses have been placed into administration as cost-of-living struggles continue to hit hard. Calia Australia, which operates Calia venues at the Emporium on Lonsdale Street and Chadstone, appointed voluntary administrators on June 28, according to documents listed by the Australian Securities and Investments Commission. Puzzle Coffee, which has four…
Poor lonely souls stare silently at machines in front of us. No interaction with real people, just machines. Its the whirring of screens and tinny music, all designed to make us even more distressed, knowing another machine had paid, when ours had sucked us dry. No doubt I was not the only person gambling on…
Victorians seeking help with their struggle to pay for electricity have seen their average energy bill debts blow out to almost $2,500 an increase of nearly $750 since 2021, a new report has found. The Consumer Action Law Centre report, published on Thursday, found issues with energy companies not informing households of financial hardship entitlements…
Overly complex, difficult to access and creating unnecessary cost and confusion for debtors and creditors 4 min read On 12 July 2023, the Federal Government’s Parliamentary Joint Committee on Corporations and Financial Services (Committee) released its report into corporate insolvency in Australia (Report). The Report concluded that Australia’s corporate insolvency system is too complex, hard…