More than 254,000 debt relief ordershave been issued in the past 10 years, helping more than a quarter of a million people stabilise their finances. Since the orders were launched in April 2009,some 2.3bn of debt relief has been granted to helppeople who have few assets and little surplus income, The Insolvency Service has revealed.…
DetailsIn 2018, 73 per cent of high-income earners ($150,000 or more) said they expected to pay down debt. That has fallen to 37 per cent. “Given that our survey also showed that over 60 per cent of Australians are extremely concerned about the increasing cost of living the cost of essential services and increasing energy…
DetailsMumbai: The dedicated bankruptcy court has admitted an insolvency petition filed by the Swiss emerging markets fund, ResponsAbility Fair Agriculture Fund, against livestock feed manufacturer Abhay Nutrition for defaulting on around $4.75 million (around Rs 33 crore) of advances. Maharashtra-based Abhay Nutrition is backed by the US-based and emerging countries focused fund SEAF and currently…
DetailsJodie Annabel Fairbrother (40), from Immingham, Lincolnshire, was the former owner of a boarding kennels in South Killingholme. The business traded from Janika Boarding Kennels under the name 4Paws and provided animal transport, boarding kennels and a veterinary clinic. In March 2018, 4Paws was subject to visits from the RSPCA and the police over animal…
DetailsBusiness software company SAP said Robert Enslin, the head of its cloud business group, has resigned.Robert Enslin joined SAP in 1992 and served on its board since 2014. IT industry analysts considered Robert Enslin as a potential successor to SAP CEO Bill McDermott. SAP reported Cloud & Software revenue of 20.622 billion in 2018 against…
DetailsFootballer David Goodwilllie, who claims he was left penniless after losing a civil action in which he was branded a rapist, has been declared bankrupt over a 41,000 tax debt. The 30-year-old former Scotland striker ran up the tax bill at the height of his career when he was reportedly earning 20,000 a week playing…
Detailsnews, local-news, More than 1000 police fraud charges against Framlingham Indigenous leader Geoff Clark, his wife Trudi and two of their sons have been adjourned for further hearing in Warrnambool court on May 31. Mr Clark, Trudi and their two sons Aaron and Jeremy appeared in the Warrnambool Magistrates Court on Friday morning for a…
DetailsGriffith University will hold a free seminar this month to help everyday people understand their rights and responsibilities when dealing with the Australian Tax Office. From 6pm on Tuesday 16 April, the public is invited to attend the two-hour session at the Universitys Logan campus to learn how to better endure the frequently confusing experience…
DetailsTransAlta Corp. is cutting debt, speeding up its shift from coal-fired power and rewarding hard-hit shareholders with its $750-million deal with Brookfield Renewable Partners LP, chief executive officer Dawn Farrell says. Thats why Ms. Farrell is bewildered by U.S.-based activist investors who are threatening to launch a proxy fight and force the company to renegotiate…
DetailsSports Direct offered to give Debenhams a 150m cash injection over the weekend as Mike Ashley made a last-ditch attempt to take control of the embattled retailer and prevent it from entering a pre-pack administration. On Friday night the retail tycoon sent a letter to the board of Debenhams offering to underwrite 150m of new…
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