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Celebrity chef Justin North has been banned by ASIC from running companies for two years after the collapse of his restaurant empire in 2012. At its peak, Mr North’s company employed about 180 people at businesses including cafes, a catering business and a bakery. However, staff were left owed almost $990,000 in superannuation and creditors […]
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Last week, Supreme Court Justice Fryberg SCJ passed judgment in the matter of R v. Jarrod Kevin Anthony Brown, and in doing so expressed a number of views emphasising the importance of having an independent judiciary, and in doing criticised recent ABC media statements made by Premier Campbell Newman. His Honour determined that further proceedings […]
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Two festivals stand out in this regard being CrossBows, and Restrung – being 3 day festivals which showcased international and national artists and musicians to Brisbane. Danielle Bentley curated both festivals, and was just Awarded the highly respected APRA Award for Excellence by an Individual in 2013 as a result of the quality of the […]
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OVERVIEW ASIC figures released this week, reveal 974 companies entered external administration in Australia during May, the highest on record for the month of May since 1999. 941 companies entered external administration in April, which was a record for the month of April. The increase in voluntary administrations indicates: That trading businesses with cash flow […]
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Australia’s economic growth has slowed to the weakest annual pace in seven quarters as inventories fell, equipment and machinery investment slid and resources exploration dropped the most in nine years. The Australian Bureau of Statistics said on Wednesday that gross domestic product rose 0.6 per cent in the first quarter from the December quarter, when […]
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Make no mistake since the GFC the rate of global bankruptcy and insolvency cases has sky rocketed and during this period a new type of business has evolved a business that is not regulated a business that can be started by any person that makes claims of expertise, but be warned if you are considering […]
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Insolvency Professionals your team of professional personal and business insolvency experts. Insolvency Professionals are dedicated to helping businesses and individuals to recover from mounting debt related issues and financial crisis by eliminating solvency issues. If you are trying to deal with debt, liquidation, bankruptcy or financial problems then we can help you regain control. Insolvency Professionals are known […]
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Brisbane has gone through some really hard times over the past few years especially with major floods back in January 2000 when a total of 33,701 properties in the capital were engulfed by the raging waters.Businesses and industries were devestated and destroyed and many business owners found themselves falling on harder financial times. If this sounds […]
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With insolvency and bankruptcy cases on the the rise across Australia it can become somewhat daunting finding an insolvency or bankruptcy specialists, so how do you find the right professional to help you? In recent times we have heard and come across some horror stories of operators operating within the industry that have no or […]
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With the 2013 Federal election fast approaching, could we see a positive turn in the tides for Australian insolvency cases. Here is how the states currently stand. 1. February 2013 saw a large jump in insolvencies – in part due to the ATO’s decision to ramp up enforcement activity in late 2012. 2. March 2013 […]
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Are you being harassed by creditor phone calls on a daily basis? You are not alone, massive mortgage payments, high rental costs, car repayments, insurances, rates, phone bills, electricity costs, credit card bills and taxes are pushing many Australians to breaking point. Stop stressing you do not have to put up with it any longer […]
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Over the 2011-2012 year, the Gold Coast contributed 20% of Queensland’s bankrupts and topped the list of Australia’s bankruptcies per region. It’s Official The Gold Coast is full of bankrupts ITSA The Insolvency and Trustee Service of Australia has broken down the number of personal bankruptcies across Australia according to postcode and the Gold Coast and the […]
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Brisbane Lawyers Irish Bentley are the new face of Insolvency Professionals. You can now rest easy knowing that there is a team of dedicated professionals that are fully qualified in helping and assisting you during troubled times. Zeke Bentley is excited about the Insolvency Professionals take over, Zeke states this will give us more market […]
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If your facing possible bankruptcy it is important to remember that when it comes to making a choice in selecting the right help and assistance from an insolvency specialist that has your best interest in mind. These days the insolvency industry is full of cons and rip offs that pray on financially vulnerable victims. Many […]
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Make no mistake credit cards can be really useful as long as you don’t fall in to the trap of living above you means. Australians owe $49.8 billion dollars on credit cards according to the RBA. The Average credit card holder has a $3321 debt and still mounting. So why are Australians the world leaders […]
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Have you been knocked back on a loan application? Have you been approved on a loan but they insist you pay really high interest rates? The chances are your credit file has defaults marked against it. Do you have a bad credit rating? We can fix your credit file from as little as $990 including […]
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Credit Repair Problems – We Will Help! Have you had credit refused recently or in the past. Trying to get a home loan, car loan or a personal loan from the banks or financial institutes and getting refused then we need to step in and sort out your credit repair problems. We assist credit repair […]
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The GFC financial problems continue across Australia with the Gold Coast, Sydney and Townsville really feeling the pinch. The Global Financial Crisis is rocking our shores, and these results keep getting worse were the nation’s worst quarterly slide since Australia’s last recession in 1991 this comes on the back of falling building approvals, house prices […]
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A common occurrence which is yet on the rise again post-GFC throughout Australia is business and corporate liquidation. The new Directors Penalty Regime can penetrate the corporate veil to then affect your personal financial affairs, not just your corporate structure. You may have taken due diligence and care constructing and structuring your corporate entities to […]
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The Gold Coast is experiencing high levels of people applying for a bankruptcy. Many people that are applying for bankruptcy today will find that they have many additional options other than a straight to bankruptcy these include part 9, part 10 and section 73 proposals. To find out more on how Insolvency Professionals can help […]
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