US economist’s crash warnings ignore ‘Aussie ingenuity’: John McGrath – PerthNow

CONTROVERSIAL US economist Harry Dent has come under fire from embattled real estate mogul John McGrath for his doomsday predictions for the housing market. The McGrath Estate Agents founder slammed Dents forecasts in a column published in Switzer Daily for echoing Australian housing bubble predictions he made in 2014 and 2011, despite them being proved…

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Arbitration court bars Reliance Communications from selling or transferring assets – Economic Times

MUMBAI: An arbitration court has restrained Reliance Communications (RCom) from selling or transferring assets without its permission, and set June 9 as the date for the next hearing, dealing a blow to the Anil Ambani-owned telcos efforts to pare debt by March end under a plan driven by its lenders. We direct the Claimant (RCom)and…

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Aussie Farmers Direct to close immediately following voluntary administration; 100 franchisees and 260 staff affected – SmartCompany.com.au

Grocery delivery service Aussie Farmers Direct will close immediately after falling into voluntary administration today, with administrators saying more than 100 franchisees and 260 staff will be affected by the collapse. The company launched in 2005 as a home delivery service for dairy and juice products across Victoria, before expanding to Queensland, New South Wales,…

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‘I literally have nothing’: Man forced to sell $800000 home after Macca’s wipes out cleaning business – NEWS.com.au

MCDONALDS has taken Alex Batarseh to the cleaners. The young Sydney man is locked in a David and Goliath battle with the fast-food giant over the collapse of his cleaning business, which went into liquidation last year after his only client cancelled his contracts with less than 24 hours notice. The 29-year-old, whose mother passed…

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