The proposed guidance sets out the key principles that ASIC considers directors need to take into account in performing their duty to prevent insolvent trading. Continue reading
Tag Archives: financial difficulties
Comm Bank bad debts rise to $2.5 Billion
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THE fallout from the row between Commonwealth Bank and its abortive capital raising undertaken by investment bank Merrill Lynch reverberated around the group’s share price yesterday despite the success in finally getting away its replacement $1.65 billion offer.
The focus has now switched back to the original disclosures†and bad debt†likely to rise to $2.5 billion next year. Continue reading
Jobless man kills family over financial woes
An unemployed California man shot and killed his wife, three children and mother-in-law before taking his own life over his family’s financial difficulties, police said. Continue reading
Jobless man kills family over financial woes
An unemployed California man shot and killed his wife, three children and mother-in-law before taking his own life over his family’s financial difficulties, police said. Continue reading
Job ads slump – SMH 8-9-08
SMH article 8-9-08†- excerpts and comments.
“The number of job advertisements in Australian newspapers and on the internet fell again in August, marking the largest monthly decline in more than seven years.” Continue reading
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