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. (more…)
Liquidation Direct
INSOLVENCY, LIQUIDATION AND BANKRUPTCY EXPERTS
1300 767 525
CALL US NOW — 24 hours 7 days
Business loans dive
Total borrowings by companies fell almost 13 per cent in April as the prospects of an economic downturn deterred corporate investment. (more…)
ANZ abandons invoice discounting – factoring alert.
ANZ has abandoned its discount invoicing division (factoring) despite interest in the cashflow financing tool surging in the last 12 months as the downturn has worsened. (more…)
Companies expect sales and profit to fall
More than half of all businesses expect the global economic downturn underway will continue to put pressure on sales and profits in 2009, a survey says. (more…)
Gloom deepens for car makers
General Motors and Chrysler cuts jobs and closes plants as automakers from Europe to Asia forecast a deeper global downturn in auto sales. (more…)
Older Posts »
1300 767 525
CALL US NOW — 24 hours 7 days
Liquidation Experts, Liquidation and Bankruptcy Specialists, Liquidators Registered with ASIC, Bankruptcy Trustees Registered with ITSA, Insolvency and Liquidation Advice, All forms of corporate and personal insolvency, Liquidation throughout Australia, Part IX Debt Agreements, Part X Personal Insolvency Agreement, Bankruptcy Experts.