Latest Insolvency News

Insolvency News logo

Your noon Briefing – The Australian (blog) - January 30, 2018

Your noon Briefing The Australian (blog) The number of Australians who filed for bankruptcy surged last year amid record mortgages and lacklustre wage growth. More than 32,000 Australians went bankrupt in 2017, a 6.1 per cent rise from the prior year, according to new data released by credit ... and.

Read More

Bankruptcies rise 6.1pc in 2017 – The Australian - January 29, 2018

The Australian Bankruptcies rise 6.1pc in 2017 The Australian More than 32,000 Australians went bankrupt in 2017, a 6.1 per cent rise from the prior year, according to new data released by credit information bureau illion. It comes after the number of bankrupted Australians rose 4.7 per cent in 2016.

Read More
Insolvency News logo

Steinhoff Asia Pacific funding issues continue – Ragtrader - January 29, 2018

Steinhoff Asia Pacific funding issues continue Ragtrader Steinhoff has announced it has addressed the majority of its short-term liquidity requirements, as issues with its Asia Pacific arm linger. In a presentation for the company, it revealed the Asia Pacific businesses continue discussions with ba.

Read More

Parliament gives final approval on bankruptcy law – Egypt Independent – Egypt Independent - January 29, 2018

Egypt Independent Parliament gives final approval on bankruptcy law - Egypt Independent Egypt Independent In an effort to help generate investment, Egyptian parliament reached a final approval for the new bankruptcy law on Sunday, coming 19 days after the Egyptian General Assembly in Parliament gave.

Read More
Insolvency News logo

Court declares conman Foster bankrupt – The West Australian - January 29, 2018

Court declares conman Foster bankrupt The West Australian The bankruptcy takes effect from last month, with a trustee to be appointed to oversee and potentially sell off Foster's assets to pay back his debts. The $6.3 million SensaSlim scam supplied customers with an oral spray that claimed to .

Read More

Trump sanctions could mean trade war with China – The Australian - January 29, 2018

The Australian Trump sanctions could mean trade war with China The Australian “My concern is that any escalation of protectionist sentiment will create a tougher trading environment. When you have an increase in protectionist measures, when you have an imposition of tariffs, an imposition of non-t.

Read More