The number of arrears increased by 3000 last month to 461,000 borrowers, with one in eight borrowers now facing letters of demand.
Financial services industry lobby group says people leaving were not ‘running for cover’.
‘Our goal is to empower individuals from diverse backgrounds to invest in startups, thereby diversifying the investment landscape.’
‘There were certainly many, many people that were floated across the pandemic because of government support and now that tap is turned off, they’ll no longer able to survive.’
Van Heerden, in Sydney, chided supermarkets on pricing and said he will also study the liquidation process of the failed Supie business for any lessons for regulators.
Nic Watt’s Inca Newmarket, which recently won a local business award, was placed into the hands of liquidators this morning.
Austen Clarke’s much-hyped online education platform has gone to ground.
Kiwi CFO of US$100b Asian Infrastructure Investment Bank says one country cannot dominate decisions, despite allegations of Chinese undue influence.
Staff should be paid out by next week thanks to the anonymous donation, voluntary administrators say.
TusPark is the world's biggest developer of incubators, science parks and ‘technology cities’ – and wants to see one established here.