A surge in use of online sports betting platforms, and promotional tactics such as free bets to hook users in, pose a significant and growing public health challenge which needs urgent attention from policymakers, according to the author of a new academic study. Writing in the Journal of Public Health, Dr Darragh McGee from the…
DetailsWith international travel plans axed, employees working less hours and some savings accounts looking thinner, Aussies are starting to tighten their wallets. This is according to MyState Bank, who found that a large 44% chunk of Australians are wanting to cut back on spending on discretionary items for the rest of this year. The survey…
DetailsMayfair 101s IPO Wealth declared voluntary administration and appointed administrators from Cor Cordis in an attempt to prevent its trustee, Vasco, to prevent a fire sale of its assets. But the Supreme Court of Victoria has now decided that it was appropriate for Vasco to appoint receivers from insolvency firm Dye & Co a move…
DetailsWillie Breedt is accused of going on the run after allegedly failing to repay the money investors had paid him. Around 2 000 investors put an estimated R227 million into Breedts VaultAge Solutions to invest in bitcoin and other cryptocurrencies. The South African Reserve Bank, through KPMG, is probing the sale of cryptocurrency by VaultAge…
DetailsWhen I was younger, I was taught that prevention was better than cure. This is something we as a country did not adhere to following the last recession regarding mortgage arrears. It is essential that the lessons learned from that crash are applied to what is coming here next. The pre-Covid-19 mortgage arrears landscape was…
DetailsCompany directors could be personally liable when coronavirus relief measures end. As we know, the federal government has implemented a package of changesto Australian insolvency and bankruptcy laws to provide relief from the economic impacts of COVID-19. The package included a temporary insolvent trading safe harbour, which provides company directors with temporary relief from the…
DetailsWillie Breedt, CEO of VaultAge Solutions, who is alleged to have scammed bitcoin investors out of millions. Supplied Willie Breedt is accused of going on the run after allegedly failing to repay the money investors had paid him. Around 2 000 investors put an estimated R227 million into Breedt’s VaultAge Solutions to invest in bitcoin…
DetailsBy Sally Williams Published: 09:03 AEST, 5 July 2020 | Updated: 09:03 AEST, 5 July 2020 1 View comments I turned 5 into 90 betting on football so thought I must be good at it. That was disastrous Smartphones, online gaming and shrewd marketing have led to such a shocking rise in young problem gamblers,…
DetailsJuly 05, 2020 19:58 ET | Source: Euro Manganese Inc. NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES EMN raises C$3.85 Million (A$4.1 Million) with strong support from existing shareholders, directors and management Company initiates board restructuring to set stage for commercial development of the Chvaletice Project VANCOUVER,…
DetailsKAVINDA HERATH/STUFF Dave Hewetts financial position was described in the creditor compromise offer as being exhausted. Former All Black Dave Hewett has done a deal with creditors to prevent the liquidation of his home-building business. Hewett, the sole director and shareholder of Bainbridge Homes, sought a deal with creditors after realising the company could not…
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