ASIC has disqualified Mr Mark Travis Goldenberg of West Leederville, Western Australia, from managing corporations for five years. Continue reading
Monthly Archives: March 2010
Former Chartwell secretary pleads guilty
The former company secretary of Chartwell Enterprises Pty Ltd, Mr Ian Rau, has today pleaded guilty in the Victorian Supreme Court to eight charges bought by ASIC. Continue reading
ABC Learning traded while insolvent
CHILDCARE giant ABC Learning Centres traded while insolvent for at least five months in 2008, its administrators have determined in preliminary findings. Continue reading
NSW electricity bills to soar because of Rudd’s ETS
What effect will a 64% rise in electricity costs have on individuals and businesses? Continue reading
Melbourne director pleads guilty to failing to assist liquidator – Banned for 20 years
Mr Barry John Patrick, 67, of Pakenham Victoria has pleaded guilty in the Melbourne Magistrate Court to six charges following an investigation by the Australian Securities and Investments Commission (ASIC) into his conduct as an officer of a number of companies including Supatrust Finance Ltd. Continue reading
Difficult times may still be ahead of us
They’re now using the word ”boom” in newspapers but while the signals from the property market are mixed, it appears we are far from the end of the global financial crisis. In fact, there is a case that we may be ready for the second crash. Continue reading
China Warns of Double Dip Recession
CHINA’S Premier, Wen Jiaboa, has warned that the world risks sliding back into recession and says his country faces a difficult year trying to maintain economic growth and spur development. Continue reading
RBA suggest the Big Banks are ripping off customers
THE Reserve Bank has suggested the major banks may be profiteering from their recent round of interest rate increases, arguing moves on lending rates over the past two years have been outpacing funding costs. Continue reading
Mortgage pain on the increase
The number of households facing mortgage stress has risen to a 16-month high with increases in interest costs outweighing improvements on the jobs front. Continue reading
GFC Crisis hit younger harder
The GFC hit younger Australians hardest last year, pushing more of them onto government benefits and slowing their wages, a new report shows. Continue reading
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