Nov 24, 2023 3.00pm Citis local bosses have new reporting lines as the Wall Street banks sweeping reorganisation reshapes its offices around the world. Australia and New Zealand country head Mark Woodruff now reports to Hong Kong-based Angel Ng, who oversees Citis North Asian and Australian cluster, people familiar with the management overhaul told AFR…
DetailsCanadian Association of University Teachers OTTAWA, Nov. 22, 2023 (GLOBE NEWSWIRE) — The Canadian Association of University Teachers (CAUT) welcomes yesterdays announcement in the Fall Economic Statement that the federal government will amend the Companies Creditors Arrangement Act and the Bankruptcy and Insolvency Act to exclude public universities and colleges. The Liberal government has made…
DetailsBy Wayne Robinson | 24 November 2023 Peter Wagener has had to put all his display print companies in liquidation, but has vowed he will be back next month, after paying all his suppliers in full. Returning in December: Peter Wagener To cap a drama-filled week, which Wagener described as “ridiculous” the liquidation itself is…
DetailsClimate change and debt present a toxic mix for many of the worlds most vulnerable developing countries. Disasters are becoming more frequent and severe. Yet many of the most climate vulnerable countries also face substantial debt problems. In some cases, this reflects excessive borrowing. In many others, it is more a reflection of their innate…
DetailsWith Black Friday very close, Canadians nationwide, including many in Saskatchewan, are gearing up for the upcoming shopping frenzy. Recent polls from BDO Canada show a notable eagerness among consumers to splurge during this festive period. However, BDOs debt solutions branch is warning consumers to remain careful and on budget. BDO Debt Solutions is raising…
DetailsWith Christmas weeks away and cost of living pressures continuing to bite, its timely to remind South Australians the State Government funds a range of services designed to help those having a hard time making ends meet. Minister for Human Services Nat Cook says these services can help people with budget planning and debt negotiation,…
DetailsMelbourne-based top 50 firm Morrows has promoted Kellie Stark to the position of principal within the business and tax advisory division. It said Ms Stark, who began at Morrows in 2015, specialised in strategic planning and implementation services, corporate structuring, asset protection, performance improvement and managing reporting, and taxation consulting. Director Graeme Marks said Ms…
DetailsSmall businesses made almost 4,000 complaints to AFCA in the last financial year, up 9 per cent, and won more than $23 million in compensation and refunds, the authority says. Disputes over business loans the leading cause of friction actually fell slightly but there were marked increases in complaints over commercial property (up 36 per…
DetailsA Geelong-based company owned by Geelong businessman David Collard has been wound up over allegations it owes more than $100,000 in debt. A court has ordered Sanitex Global Pty Ltd be placed in liquidation and denied a request by the companys solicitor to postpone the case, to allow Sanitex to repay money alegedly owed. Judicial…
DetailsMUMBAI, Nov 23 (Reuters) – Go First’s lenders will vote on a proposal to liquidate the insolvent Indian airline, two banking sources told Reuters on Thursday, days after a deadline to bid for the company ended with no suitors. “The proposal whether or not to liquidate the airline has been floated and individual lenders will…
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