Michael was just 17 when he placed his first bet on a horse race. Key points: The federal government is considering reforms to online gambling A parliamentary inquiry has recommended a complete ban on gambling advertising within three years A regional Queensland man says the accessibility of gambling through apps and advertising make it difficult for people…
HEALTHS financial reserves have depleted to such an extraordinarily low level that the department would be declared bankrupt if it were a UK council, according to an adviser and senior manager. The department has already used 3.1 million of its reserves to deal with additional pressures between August and September this year. And according to…
Nearly 60 Hong Kong public sector households have been found to own private flats in the wake of a get-tough policy designed to crack down on abuse of the system. Permanent Secretary for Housing Rosanna Law Shuk-pui said the 59 offenders were caught after officials carried out property checks on 57,000 people in 25,000 households…
FRANKFURT, Nov 27 (Reuters) – Austrian property group Signa could see more of its units file for insolvency as soon as this week as the real estate empire is running out of cash, people with direct knowledge of the matter said on Monday. The group, controlled by an Austrian magnate but whose business is anchored…
An aircraft lessor is heading to Delhi High Court to execute a judgment it obtained against SpiceJet (SG, Delhi International) in the UK High Court. Cross Ocean Partners, the lessor behind the special purpose vehicle (SPV) known as VS MSN 36118 CAY Designated Activity Company, is pursuing the low-cost carrier for around INR900 million rupees…
Former West Ham and Blackburn star Lucas Neill has said he “learned the hard way” after poor financial advice led him down the path to bankruptcy. The Australia international defender made more than 250 Premier League appearances, captaining the Hammers and also wearing the armband for his country. However, after being declared bankrupt in the…
November 27, 2023 11.58am November 27, 2023 11.58am Normal text sizeLarger text sizeVery large text size The self-declared severely insolvent status of one of Chinas largest shadow banks has revealed another crack in a financial system stressed by abrupt and disruptive shifts in the countrys economic growth model and trajectory. Last week, Zhongzhi Enterprise Group…
A unit of <-bsp-bb-link state=”{“bbHref”:”bbg://securities/8133156Z%20AV%20Equity”,”_id”:”0000018c-02a7-de26-a7ec-3eb749850000″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>Signa Prime Selection AG</-bsp-bb-link> filed for insolvency in a Berlin court on Friday, Der Spiegel said, indicating efforts to save the sprawling property and retail conglomerate are faltering. Signa Real Estate Management Germany GmbH couldnt meet its payment obligations, the German magazine said, citing a request submitted by the company. The…
NEW DELHI: The Insolvency & Bankruptcy Board of India (IBBI) is expected to finalise crucial amendments to regulations – from those seeking to make life simpler for home buyers to those for personal and companies’ insolvency proceedings, insolvency professionals and liquidation – next month as it seeks to improve the seven-year-old regime and improve its…
A FORMER West Ham captain who once had a Ferrari on his drive now lives in a rented flat – and almost went to jail over his bankruptcy. Lucas Neill used to earn 40,000 a week as the Hammers’ skipper between 2007 and 2009. Lucas Neill captained West Ham from 2007 and 2009Credit: News Group…