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.
Big investors are preparing to play in China again, but the wild swings are not for the faint hearted.
Fifteen banks have refused to offer the owner of the Vales Point coal-fired power station credit on emissions grounds, creating a red-tape crisis for the company.
Beston Global Food Company, which failed owing more than $72m, must find a buyer or a bailout to survive, administrator KPMG says.
West African Resources says the Burkina Faso government has confirmed its gold mining rights in the nation are not under threat.
Sustainable investing has been a growth area in recent years but a new study suggests some people are putting it on the backburner.
Former uranium miner Energy Resources of Australia will pause a contentious $880m capital raise after the Takeovers Panel decided to review its own decision not to intervene.
Rio Tinto has made a takeover approach to Arcadium Lithium which, if successful, would deliver immediate mining and downstream conversion operations globally.
With all the focus on copper, the global miner is pivoting towards a metal which few of its rivals are taking seriously. This is why.
West African Resources says it is monitoring the situation after the leader of Burkina Faso’s military junta flagged a gold mining crackdown.
Warring couples may see a divorce as a way out, but it can create a fresh new financial mess for families. Here’s what to avoid.
Original URL: https://www.ntnews.com.au/business/victoria-business/page/25