ASFA is again lobbying the government to boost the ATOs budget by millions to fund audit work into unpaid super entitlements. More than half a million employees are affected by unpaid superannuation entitlements each year, according to a report released by the ASFA this week. A 2015 report found at least 690,000 Australians lost an…
DetailsAs the awards scheme, sponsored by Capa, reaches the milestone of championing best practice for the past decade, entries are now open for nominations of those who deserve public recognition among their peers. After a successful rebrand in 2016, the awards scheme has retained its structure of celebrating the distinguished leaders demonstrating excellent practice and…
DetailsWednesday, March 22, 2017 A recent ruling by U.S. District Court Magistrate George Foley, Jr. serves as a reminder the get it in writing tends to be good advice. The case involves a casinos attempt to enforce a $3 million gaming debt incurred by one of its patrons. This patron executed a credit agreement but…
DetailsGujarat NRE Coke Ltd * Says filed for initiating corporate insolvency resolution process with NCLT, Kolkata Source text – (bit.ly/2n63sdw) Further company coverage: ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Bankruptcy News ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if (k + 1 Also…
DetailsWednesday, March 22, 2017 Romania’s Teamnet, which has been involved in a corruption scandal over contracts for IT services, has filed for insolvency on Monday, according to data posted on the justice ministry’s website quted by seenews.com. The IT company filed for insolvency at Prahova county court, data showed. “At this moment we are working…
DetailsBy Chester Tay The multiplier effect from China-financed infrastructure projects will help keep Malaysia clear from the kind of debt crisis faced by Sri Lanka currently. At a seminar by Singaporean research organisation Institute of Southeast Asian Studies yesterday, Affin Hwang Capital senior associate director on equity research Loong Chee Wei said as Malaysia shows…
DetailsAustralian politicians need to take affirmative action to avoid a worsening debt crisis, and assisting food and fibre producers would be a good place to start. Wakool Landholders Association chairman David May said it was frustrating and bewildering that our nation has a mounting debt problem, at the same time as it is strangling a…
DetailsRelated Story: Nufarm pushes profits up despite expensive restructure and tough agricultural conditions Australian agricultural chemical firm Nufarm has announced a massive turnaround in its fortunes after experiencing a heavy loss in 2015 due to significant restructure costs. The company made $20 million after tax in the six months to February,…
DetailsTHE LNP says its new Farm Debt Restructure Office will help Queensland farmers struggling with debt. Opposition agriculture spokesman Dale Last said the LNPs amendments would establish the new office to tackle farm debt head-on under the authority of The Queensland Rural and Industry Development Authority. The LNP is focused on delivering for farmers who are…
DetailsThe Jamaica Urban Transit Company (JUTC) has sought to explain the series of events relating to the granting of a petition to wind up its operations if it fails to pay off a $3.5 million debt to a St Catherine woman by the end of June. The petition was filed by Daniella Manning arising from…
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