The onus is not on the electoral commission to screen or disqualify candidates, regardless of their criminal history or financial status. That responsibility rests with the High Court. According to section 44 of the Australian constitution, anyone who has been declared bankrupt, sentenced to more than 12 months in prison or is a citizen of…
DetailsAn emotional Russell Northe has revealed personal tragedy, booze, gambling and debt have triggered and exacerbated mental health issues that have forced him to re-sign from parliament. The Nationals Member for Morewell told Neil Mitchell he will step away from politics to seek long-needed professional help for depression. Mr Northe broke down as he detailed…
DetailsManaged telecommunications, IT and cloud provider Inabox Group has experienced relatively flat growth following a year of two acquisitions and a restructure, as the business continues to shift its revenue mix from traditional telco driven business into new growth products. Inabox reported $90 million in revenue for the year ending 30 June 2017, an increase…
DetailsRelated Story: Nationals MP Russell Northe takes leave for mental health issues Victorian Nationals MP Russell Northe has resigned from the party but will remain in Parliament, as he works to recover from depression and gambling issues. Key points Nationals MP Russell Northe has substantial outstanding debts Mr Northe says he…
DetailsAmerican broadcaster CBS has entered into a binding agreement to buy the Ten Network. In June Network Ten was placed in voluntary administration after failing to secure a new finance package. Picture: Richard Dobson AMERICAN broadcaster CBS has emerged as the buyer of troubled free-to-air television network Channel Ten. A statement released by receivers and…
DetailsTop officials of various state governments are expected to submit their suggestions to strengthen the regulations under the Insolvency and Bankruptcy Code (IBC). (Photo: Reuters) The Centre has asked states to offer inputs on ways to boost the ecosystem for insolvency resolution, an official source told FE. Top officials of various state governments are expected…
DetailsCBS Corporation, the US broadcaster, is buying Australias Ten Network. Billionaires Lachlan Murdoch and Bruce Gordon, both significant shareholders in Ten, had been expected to end up as full owners. The network went into voluntary administration in June after the two shareholders refused to increase or extend a $200 million credit facility past December. The…
DetailsA DARLING Downs civil construction company has gone into voluntary administration, putting nearly 500 jobs at risk. Dalby-based Ostwald Bros made the announcement this morning after it handed the reins to administrators PriceWaterhouseCoopers. It is understood the decision was mainly based on the company’s ongoing contractual disputes with Nexus Infrastructure and works on the Toowoomba…
DetailsDavid Koch tells us the best way to invest $1000 right now. Lending money to businesses can help investors diversify their assets and their risks. MAKING money from other peoples debt is getting easier as a new wave of defensive investment options opens up to pre-retirees and others looking to diversify their wealth. In a…
Details125 reading now Share your journey, news tips, interesting pictures, video and comments with other Melbourne Express readers via email or on twitter: @ebonybowden. A grey start to the day in Melbourne. Photo: Justin McManus Roberta Williams is entering politics. The convicted drug trafficker will take on Bill Shorten as the Australian People’s Party candidate for Maribyrnong at the next…
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