The Labor governments Universities Accord final report, released last Sunday, was cynically presented by Education Minister Jason Clare and the corporate media as a call for greater equity. Supposedly, it was designed to boost participation by students from low socio-economic, outer suburban and regional areas, as well as indigenous students. Education Minister Jason Clare with…
By Lisa Edser For Daily Mail Australia Published: 11:53 AEDT, 27 February 2024 | Updated: 11:57 AEDT, 27 February 2024 Cubitts Granny Flats and Home Extensions has announced it would put itself into voluntary administration. The building company, which had been operating for 30 … Read the full article at: https://www.dailymail.co.uk/news/article-13129241/Cubitts-Granny-Flats-Home-Extensions-goes-voluntary-administration.html
In short: the government has received recommendations from a major review of the university sector. Proposed changes include additional financial support for low-income students, and a new method for calculating HECS repayments. What’s next? Education Minister Jason Clare said the government would respond to the recommendations “in the next couple of months”. University students could get cost…
Skittish creditors are taking matters into their own hands and forcing companies to liquidate over fears of never seeing their money again. New data from the corporate regulator, the Australian Investments and Securities Commission (ASIC), has revealed that the number of court-appointed company liquidations has spiked drastically. In the first six months of the current…
In a courtroom in Cork, a narrative of financial recovery unfolded that not only changed the life of Marian Phillips, a retired shopkeeper, but also set a precedent for personal insolvency cases across Ireland. Facing the possibility of bankruptcy and the loss of her home due to crippling debt from high-interest loans, Phillips has been…
London-based event tech startup Hopin which shot to a $5.65bn valuation in 2021 just a year after launching has entered liquidation, according to UK Companies House filings. The documents state that accounting firm PwC will oversee the process. Last year, the company sold off some of its assets including its original product, the Hopin events…
olders of three corporate bonds from Waskita Karya have approved a restructuring proposal that gives the debt-ridden state-owned construction firm more time to repay. In meetings on Wednesday and Thursday, they agreed to extend to the end of 2034 the repayment periods for the bonds, which were due in June, August and September last year.…
The latest insolvency data for England and Wales has landed and according to R3, which is the trade body for the insolvency and restructuring sector, the headlines could be interpreted as positive news. However, deeper analysis of personal and corporate casualties, R3 suggest, points to concern against a backdrop of cost pressures amid the cost…
But now the growing cost of student debt is crippling many workers, and a new report says somethings got to give. For Alana Fraser, logging onto My Gov to check her student debt, is a terrifying experience. Shes one of 3 million Aussies whose student loans shot up by more than seven per cent last…
Navigating through company restructuring poses its challenges, yet employing specific tools can significantly ease the process for both employees and the leadership team; allowing for a smoother transition and cultivating resilience amid change. Joan Beets, Managing Partner in Executive Search & Management Consulting at KennedyFitch, and Martine Corthsy, Founder & Professional Certified Coach for 19…