Bondi Ponzi scheme promoter avoids jail time
David Sipina, who promoted the fraudulent Courtenay House Ponzi scheme which left creditors owed more than $50m, has avoided jail time after pleading guilty.
David Sipina, who promoted the fraudulent Courtenay House Ponzi scheme which left creditors owed more than $50m, has avoided jail time after pleading guilty.
Incitec Pivot says it will forge ahead with asset sales next year, while at the same time warning earnings will take a hit from investment in plant.
Barefoot Investor tried to uncover Facebook’s fake Scott Pape scammers but it all descended into chaos with his wife away, the kids sick and German backpackers running his farm.
Qantas, Woolworths and now ANZ have all found out the hard way. On reputation – you go up slowly but come down at high speed.
The New York giant was dabbling with some sheds with ‘some power on the side’ but two lessons paved the way for its bumper acquisition.
For Citi’s New York-based global economist, Nathan Sheets, the difference between a recovery and global recession are finely balanced.
A top Reserve Bank official gives a strong indication the central bank could be preparing the way for an interest rate cut.
Late payments by businesses are at their highest level since the depths of Covid-19, and it’s the hospitality and construction sectors faring worst.
Hundreds of millions of dollars on the books of one of GFG Alliance’s Australian subsidiaries could be sheeted home to prop up the ailing parent company, which owes $950m to creditors.
Investment bank Macquarie wants to build another AirTrunk, and the infrastructure supporting the tech revolution sits at the heart of its plans.
The former hardware boss believes Lendlease can get its glory back. This involves ‘the right kind’ of risk.
Scott Pape loves his new kelpie pup but there’s no way he’ll be forking out $60,000 in vet fees like one of his financially-strained, dog-obsessed Barefoot followers did.
The mining giant’s $10bn bet has electrified the struggling industry. However, Rio will bring a different mindset to lithium.
Aussie mining, energy and technology stocks are on the radar of our share market tipsters. See their recommendations.
Original URL: https://www.ntnews.com.au/business/victoria-business/page/23