Australians could soon be able to recycle soft plastics through their yellow bin in a proposed overhaul of how bins are used. A trial of the National Plastics Recycling Scheme (NPRS) has shown positive responses from about 7000 households in Victoria, South Australia and NSW to placing soft plastics in orange bags inside the yellow-lid…
DetailsA recent analysis by NAB shows there has been a bounce back in businesses collapsing with a huge 30 per cent rise in insolvencies in 2022 after a slowdown during the COVID-19 pandemic. But with economic headwinds placing pressure on Aussie consumers and businesses alike, experts are worried there will be a far higher rise…
DetailsFormer Manchester United legend Wes Brown has been declared bankrupt. HMRC filed a bankruptcy petition against the former Red Devils defender, who earned 50,000 a week at Old Trafford, on February 27 this year. It was approved at the High Court on April 12 and the order was published in The Gazette this week, the…
DetailsA shed supplier on the Sunshine Coast has become the latest casualty to join a spate of companies in the sector which have gone bankrupt in recent months. Mooloolaba-based business Transportable Shade Sheds has left dozens of Australians out-of-pocket and have failed to pay their workers leave entitlements after going into liquidation on April 3.…
DetailsA member of Manchester Uniteds famous 1999 treble winning squad, Wes Brown, has been declared bankrupt at the High Court, Daily Mail reports. HMRC filed a bankruptcy petition against Brown, who reportedly earned 50,000-a-week during his playing days at Old Trafford, on February 27. The petition was rubber-stamped at the High Court on April 12…
DetailsAn executive pastor has plead guilty to using church funds to pay off his massive gambling debt. Gregory Neal of Rochester recently pleaded guilty to stealing $130,000 from his church, which he then used to pay off his widespread gambling debts. As the executive pastor, Neal had control over the churchs finances and made unauthorized…
DetailsSupplied Almost all the equipment from A H Construction was sold at the Ritchie Bros auction. A large construction firm that recently had 350 vehicles and pieces of equipment sold-off in a single auction had failed to pay GST and income for six years, the companys administrator says. Bryan Williams of BWA Insolvency took control…
DetailsThe High Court has upheld a couples objection to the approval of a doctors debt settlement arrangement that would have written off 134,600 he owed them. In a judgement on Thursday, Mr Justice Mark Sanfey allowed the appeal by Dympna and Seamus Costello against a 2021 Circuit Court ruling that had approved Dr Anas Mansours…
DetailsHMRC filed a bankruptcy petition against Wes Brown on February 27 Former defender played 362 times for Man United and won 23 England caps Brown, 43, split from his wife Leanne, a reality TV star, last year Former England and Manchester United footballer Wes Brown has been declared bankrupt at the High Court. HMRC filed…
DetailsDebt advice is an invaluable source of information and guidance when dealing with unaffordable debt. Its never too early or late to seek debt advice to help you find a practical solution to resolve your debts and positively impact other areas of your life. Financial distress is a significant cause of anxiety and depression, but…
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