Tuesday, 07 September 2010
Australia's troubled forestry sector has lost another member, with timber group Willmott Forests placed into the hands of receivers with $120 million of debt and a huge question mark over $400 million of investor funds. ...
Another forestry company collapses
Thursday, 15 April 2010
ASX-listed forestry company Forest Enterprises has been forced into administration by its lenders, Commonwealth Bank and ANZ, as the Australian forestry sector continues to fight for survival. ...
Knock-on effects
Friday, 04 December 2009
Smart companies that are cutting back on their Christmas parties, substituting an offer of continued employment for the annual bonus and finalising their New Year resolutions need to take a close look at their risk management projections for 2010. ...
The Great White Wail
Friday, 02 October 2009
Following Kevin and Wayne's achievement of a seat on the G20 lifeboat for the GFC, it is not surprising to find that there are different perspectives about the direction in which the harpooners are focusing their attention and its impact on smart companies. ...
Financial investment complaints rose 33% in 2009, Ombudsman says
Thursday, 01 October 2009
The number of complaints regarding managed investments doubled in the 12 months to June with disputes about margin loans increasing over 400%, the Financial Ombudsman Service said yesterday. ...
Eight signs of a rotten stock
Monday, 03 August 2009
Had you been unfortunate enough to have had the likes of ABC Learning Centres, Babcock & Brown or, more recently, Timbercorp in your portfolio, a little homework could alert you to the signs to help you steer clear of doomed stocks in the future. ...
ASIC to launch list of unsafe investments
Monday, 22 June 2009
After being heavily criticised over its failure to shield investors from the collapse of investment companies such as Storm Financial, Great Southern and Timbercorp, the Australian Securities and Investment Commission is set to launch a campaign to steer investors ...
Timbercorp set to be killed off, Shares rise: Economy roundup
Friday, 19 June 2009
The Australian Securities and Investments Commission has introduced new rules that will provide easier methods for retail investors to participate in corporate fundraisings. ...
14 tax tactics for SMEs
Monday, 01 June 2009
End-of-year tax strategies for SME owners are dominated by the imminent halving of the annual caps on concessional super contributions, expectations for trading conditions to worsen and the showering of short-term boosts to business investment allowances. ...
Taxman to crack down on tax losses
Friday, 22 May 2009
The Australian Taxation Office is bracing for a sharp rise in the number of taxpayers claiming tax losses as a result of the financial crisis, but has warned that it is on the lookout for people trying to claim losses to which they are not entitled. ...
Banks call in receivers to Great Southern as anger grows at huge commissions
Wednesday, 20 May 2009
Great Southern's banking syndicate has rejected any hopes of restructuring the agribusiness investment scheme company by calling in receivers to take over the business. ...
Managed investment scheme giant Great Southern collapses
Monday, 18 May 2009
Australia's largest listed managed investment scheme company Great Southern has been placed in voluntary administration with debts of almost $700 million. ...
Timbercorp placed in voluntary administration
Thursday, 23 April 2009
Agribusiness company Timbercorp has been placed in voluntary administration with net debt of more than $900 million. ...
- 0






