Socialite Kate Waterhouse and her former rugby league player husband Luke Ricketson have emerged as the buyers behind one of Mosmans highest sales this year, splashing $17.8 million for a house fronting Balmoral Beach. It was an off-market purchase by the couple from rag trader Ling Zijian, more than three times the $5.3 million it…
Insolvency advisor urges businesses to address insolvency issues this year before Safe Harbour moratorium ends MEDIA RELEASE 18 December, 2020 FOR IMMEDIATE RELEASE BUSINESS LIFELINE TO END NYE BUSINESSES SHOULD SEEK PROFESSIONAL HELP ASAP -Insolvency Advisor urges businesses to address insolvency issues this year before Safe Harbour moratorium ends, to avoid tradinginsolvent on or after…
A new report from the Australian Small Business and Family Enterprise Ombudsman has confirmed the resilience of small businesses in the face of challenging conditions. The report, released by Ombudsman Kate Carnell today, provides a statistical overview of small business performance in Australia, using data available from the Australian Bureau of Statistics (ABS) and other…
Chris McKeen/Stuff In 2016 four children were injured when a tree fell at Discoveries Educare Gillies Ave centre in Newmarket. Eleven early childhood education centres belonging to the Discoveries Educare chain in Auckland have been placed into liquidation with three more being assessed by the liquidator. Stuff reported last week that 10 Discoveries Educare centres…
Virgin Australia has become the first major Australian airline to exit voluntary administration, with its new CEO and managing director unveiling its future direction. On her official first day as Virgins boss, Jayne Hrdlicka showed off the airlines plan resulting from collaboration with staff and combined with detailed customer research. It includes retaining its core…
Two-decade Deloitte veteran Vaughan Strawbridge has been poached by FTI Consulting in Australia, where he has been appointed a Senior Managing Director. Strawbridge is a chartered accountant by background and has been atDeloitte Australia since 1998, interluded with a five-year spell at the firms UK office. A restructuring expert, Strawbridge has provided business turnaround services…
Ismael Majed Siza (60), a restaurant owner from Westminster, London, has been banned for 12 years and Keith Morgan Thomas (81), a concrete services company from Llanelli, Wales, has been disqualified for 6 years. Both are now banned from acting as directors or directly or indirectly becoming involved, without the permission of the court, in…
Eleanor Temple, Yorkshire Chair of R3 Eleanor Temple, chair of insolvency and restructuring trade body R3 in Yorkshire and a barrister at Kings Chambers in Leeds, responds to todays publication of Novembers corporate and personal insolvency statistics for England and Wales: The increase in corporate insolvency numbers in November has been driven by a rise…
NEW DELHI: Markets regulator Sebi on Wednesday decided to tweak norms pertaining to 25 per cent minimum public shareholding for companies which undergo corporate insolvency resolution and seek relisting following the process. Besides, it decided to enhance disclosure for such companies, Sebi said in a statement after its board meeting. The move would ensure revival…
Mon Purse co-founder Lana Hopkins. Luxury leather goods retailer Mon Purse has entered liquidation and reportedly ceased trading, amid complaints from customers saying they have been waiting for weeks to receive their orders. Liquidators from Wexted Advisors are seeking urgent expressions of interest for the business and its assets, according to the Sydney Morning Herald,…