Big companies have recapitalised and recovered. As interest rates keep rising, however, small companies face a tricky future.

Over the past year the big end of town has raised $80 billion in new capital and sold assets to reduce debt. Some have failed spectacularly, such as Babcock & Brown, Allco Finance and ABC Learning. Others have fallen under the control of their lenders, among them Centro Properties Group. (more…)

He could be the modern-day Nostradamus of the finance world. In his books he predicted the dot.com and housing market crashes. (more…)

Mr Stuart Ariff, an official liquidator, from Newcastle, New South Wales, was today found to be unfit to be an official or registered liquidator and prohibited from holding the office of liquidator, provisional liquidator, voluntary administrator, administrator of a deed of company arrangement or controller, for life. (more…)

Husband and wife company directors, Mr Terry William Lemon and Mrs Kayleen Gaye Lemon, of Yass, NSW, were convicted and sentenced after each pleading guilty to a charge brought by ASIC.
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ASIC has obtained orders in the Federal Court in Melbourne to wind up 2 insolvent companies (more…)