The Australian Tax Office is $535,000 out of pocket after the building company of Joe Scaffidi, the husband of Perths embattled Lord Mayor Lisa Scaffidi, folded in August. The company, Premier Building Solutions, is one of the entities caught up in the long-running legal brawl between Mr Scaffidi and his estranged brother, Gino. In 2014…
Details* To split into health and hygiene/home business units * Cuts year sales outlook to flat from 2 pct growth * Q3 like for like sales down 1 pct, miss estimates (Adds comment by analyst, share price move) By Martinne Geller LONDON, Oct 18 (Reuters) – Reckitt Benckiser has decided to split its business into…
DetailsAccepting the reality there was “no future for the business” BMS Technology directors, John and Beverley Reid made the agonising decision to enter into voluntary administration. The Adelaide-based hardware distributor had been operating for 31 years and expanded into office and warehouse facilities in Perth and Melbourne. Peter Macks and Ian Burford of Macks Advisory…
DetailsBy The Canadian Press Wed., Oct. 18, 2017 An Ontario judge has approved Sears Canadas request for a revised retention bonus plan for key head office staff and store managers who stay through its liquidation process. The number of people covered by the retention plan for head office executives and staff has dropped to 36…
DetailsAccepting the reality there was “no future for the business” BMS Technology directors, John and Beverley Reid made the agonising decision to enter into voluntary administration. The Adelaide-based hardware distributor had been operating for 31 years and expanded into office and warehouse facilities in Perth and Melbourne. Peter Macks and Ian Burford of Macks Advisory…
DetailsMore and more Australians are falling into the vicious cycle of debt according to research released by The Salvation Army. The data shows that those on the brink of financial crisis have accrued $2.55 of debt for every dollar earned. Thats a debt-to-income ratio of 255 per cent. Comparatively, the average Australian household has a debt-to-income ratio…
DetailsThe uptake of cloud-based solutions among local businesses and increased market competition are two factors that have played a part in seeing Queenslands Data Centre Technologies enter voluntary liquidation. Joint liquidators, David Hambleton and James Imray of Rodgers Reidy, were appointed on 14 October; more than two decades after the Data Centre Technologies began operating,…
DetailsThe Canadian Press Published Wednesday, October 18, 2017 4:03AM EDT Last Updated Wednesday, October 18, 2017 12:30PM EDT TORONTO — An Ontario judge has approved Sears Canada’s request for a revised retention bonus plan for key head office staff and store managers who stay through its liquidation process. The number of people covered by the…
DetailsRetirees from St. Joseph’s, Fatima hospitals blame Catholic Diocese after fund is declared insolvent John Hill Journal Staff Writer jghilliii PROVIDENCE, R.I. About 100 St. Joseph’s and Our Lady of Fatima Hospital retirees marched in front of Superior Court and the Cathedral of Saints Peter and Paul Wednesday morning, protesting a legal effort to…
DetailsReckitt Benckiser is separating its health and hygiene home divisions after the consumer goods giant cut forecasts for a second time and warned it would not grow sales this year for the first time since 1999. The company, which has reliably churned out sales growth for the past 17 years, said it was already taking steps…
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