Absolute Traffic Solutions liquidated over $1.1m Inland Revenue debt, 85 staff sacked
They appear in the accounts as preferential creditors but whether they will get their wages and salaries remains…
China court cancels auctioning of cat to repay owner debts, feline finds loving home
A court in eastern China which was set to auction a cat to repay its owner’s debts has…
Tax debts drive record level of calls to financial helplines, as ATO denies ‘heavy-handed’ methods
Financial counsellors are calling on the tax office to give small businesses and individuals more time to pay…
Bankrupted Auckland property developer owes millions, companies liquidated, blames housing market for debts
The application related to a $225,000 debt. A decision by Justice Lester says the debt was subject to…