American Family Insurance Group

Yet another buy now pay later company has hit financial troubles after previously spruiking a $400 million stock market listing.BizPay, which provides buy now pay later services in the business-to-business space, mainly as an invoice…

Delaying the Melbourne Cup Day rate hike would have risked a more aggressive increase to interest rates in the months ahead, fresh meeting minutes released by the Reserve Bank have revealed.The RBA, in its November 7 board minutes released…

A politician is calling for an “immediate” investigation into Miss Universe Australia’s parents after it emerged that their failed businesses owe up to $45 million to creditors. News.com.au revealed last week that members of the public have…

A petition is calling for Australia’s Miss Universe representative to step down following reports her family owes up to $45 million to creditors.Last month, news.com.au reported that Moraya Wilson, who earned the title of Miss Universe…

The company behind the global Miss Universe competition has filed for bankruptcy just a week out from its international beauty pageant. Overnight, Thailand-based JKN Global Group submitted a petition for “business rehabilitation” into a…

An arm of a major hospitality business has quietly collapsed into liquidation, impacting nearly 250 staff members and a handful of other creditors. Melbourne-based Legacy Hospitality Group Pty Ltd went into voluntary liquidation earlier…

While the nation hand-wrings over one of the worst housing shortages in history, buried in the appendix of Budget Paper 3 was the Federal Government’s official net overseas migration (NOM) forecast, which has been aggressively…

A Melbourne woman who was made redundant when failed home builder Porter Davis collapsed, has delivered a rare insight into the company’s “mind blowing” final hours of operation. In a video to TikTok, Lottie Griffin recounted “from start to…

Australia’s largest brick manufacturer has become the latest casualty in the nation’s construction industry crisis, with the company forced to close down a major plant in the country’s west.Concrete block and brick producer Brickworks…

A former Gold Coast financial adviser has been jailed for six years after he took money from his clients’ superannuation funds and used it to pay off his personal debts and expenses for himself and his business.On Monday, the former owner…