Higher expenses are contributing to a far higher insolvency rate among young women than young men. According to accountancy firm Moore Stephens, women accounted for 65 per cent of personal insolvencies among the under-25s in the last year and 53 per cent of those among 25-34 year-olds. Read more: What does a gender pay gap…
An overseas property company promising 10% returns to investors in return for pension cash to build luxury holiday accommodation has been declared insolvent. Harlequin Property SVG, a company based on the Caribbean islands of St Vincent and the Grenadines has announced a professional trustee has been appointed but denies the firm is bankrupt. The company…
Galway Bay Fm newsroom Six Galway-based hospitality businesses have been declared insolvent in the past three months.New figures from VisionNet show that in total, 14 companies across Galway were made insolvent in the third quarter of this year.The latest figures show despite a jump of 75% in insolvencies compared to the same period…
Galway Bay Fm newsroom Six Galway-based hospitality businesses have been declared insolvent in the past three months. New figures from VisionNet show that in total, 14 companies across Galway were made insolvent in the third quarter of this year. The latest figures show despite a jump of 75% in insolvencies compared to the same period…
Family First senator Bob Day has launched a last-ditch bid to keep his NSW building company afloat, denying certainty to dozens of desperate families as his national empire continues to crumbles. Fairfax Media can reveal that Senator Day’s Huxley Homes has applied to have its licence renewed – even though the company last week ceased…
Family First senator Bob Day has launched a last-ditch bid to keep his NSW building company afloat, denying certainty to dozens of desperate families as his national empire continues to crumbles. Fairfax Media can reveal that Senator Day’s Huxley Homes has applied to have its licence renewed – even though the company last week ceased…
LONDON: Atta-ul-Haq, founder of Pakistan Achievement Awards and director of UK-Pakistan Chamber of Commerce & Industries (UKPCCI), has been declared bankrupt by a court after failing to pay loan to respected British Pakistani businessman Raja Adil. The County Court in central London confirmed that Atta Ul Haq stands officially bankrupt following his non-appearance at the…
Germany’s troubled Deutsche Bank is imposing a hiring freeze across all global operations as it “braces” itself for a huge penalty from the US Department of Justice, says The Times. The lender has stopped recruitment in every department except compliance. It has already agreed 1,000 additional job cuts in its home market, on top of…
Kimberley Kitching is smart, charming and engaging. She has been a Melbourne councillor, a lawyer, a political adviser and a senior union manager. Kitching ticks many Labor boxes. But Bill Shorten made a terrible call backing her to replace Stephen Conroy in the Senate, a plum role once held by Labor giants John Button and Gareth Evans.…
Dodgy private colleges will be banned from receiving taxpayer money and student loans capped under a sweeping redesign of the scandal-plagued vocational loans scheme by the Turnbull government. The overhaul, to be announced by Education Minister Simon Birmingham on Wednesday after being approved by cabinet on Tuesday, will wipe an estimated $25 billion from federal…