SHOOT! – LIQUIDATOR’S DEALT BLOW WITH GUNNS RULING ON PEAK INDEBTNESS RULE
SHOOT! – LIQUIDATOR’S DEALT BLOW WITH GUNNS RULING ON PEAK INDEBTNESS RULE by Bradley Vos A recent judgment in the full federal Court of Australia (Badenoch Integrated Logging Pty Ltd v Bryant, in the matter of Gunns Limited (In Liq)) (“Gunns Case”) has found that a liquidator is unable to apply the ‘peak indebtness rule’ […]
RIDING THE WAVE OF EASY CREDIT
RIDING THE WAVE OF EASY CREDIT by Gavin King CA Australia is on a huge wave of easy credit as a result of a number of factors including historically low interest rates and booming house prices along with the increasing availability of easy credit from buy now pay later providers as well as short-term internet-based […]
WHY A LOCKDOWN IS NEVER LOCALISED…
WHY A LOCKDOWN IS NEVER LOCALISED… by Schon G Condon RFD As I’m writing this, Sydney and parts of NSW have entered another lockdown – one which will have far-reaching consequences for not only this city, but for our nation as a whole. Just as there appeared to be a “return to normalcy”, we are […]
CRISIS AVERTED…BUT AT WHAT COST?
CRISIS AVERTED…BUT AT WHAT COST? by Schon G Condon RFD Exactly one year ago, it appeared that the global economy was going to fall into a “zombie-filled abyss” due to the pandemic. However, with the International Monetary Fund (IMF) forecasting 6% growth this year (and 4.4% in 2022), it means that the predicted economic catastrophe […]