ASIC investigating Metigy, suspected of insolvent trading

Small businesses have had to adapt to COVID's effects on the economy over the past two years. They are now dealing with a whole new set of difficulties, including rising inflation, lack of workers, high consumer demands, and supply chain issues.

Small businesses have had to adapt to COVID’s effects on the economy over the past two years. They are now dealing with a whole new set of difficulties, including rising inflation, lack of workers, high consumer demands, and supply chain issues.

Simon Cathro, Founder and Principal at Cathro and Partners is joined by Brendan Widdowson, Head of Sales at Banjo Loans in this webinar to discuss how businesses in 2022 can manage uncertainty and find potential solutions.Artificial intelligence marketing tech company Metigy collapsed owing a list of high-profile creditors more than $32 million after its founder and CEO borrowed millions of dollars of company money and spent it on luxury properties, administrator documents show…Artificial intelligence marketing tech company Metigy collapsed owing a list of high-profile creditors more than $32 million after its founder and CEO borrowed millions of dollars of company money and spent it on luxury properties, administrator documents show…

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Trust accounts are fundamental to many professions where funds are held on behalf of clients or third parties. Lawyers, accountants, real estate and property agents, motor dealers, debt collection agents and owners’ corporations all commonly operate trust accounts as part of their day‑to‑day businesses. While these accounts are designed to

Trust accounts are fundamental to many professions where funds are held on behalf of clients or third parties. Lawyers, accountants, real estate and property agents, motor dealers, debt collection agents and owners’ corporations all commonly operate trust accounts as part of their day‑to‑day businesses. While these accounts are designed to

Emerging Insolvency Risks, Asset Recovery Challenges and Potential Widespread Fraud Indicators June 2026 The trucking industry is and will remain for some time, the critical backbone of the Australian economy. Supply chains depend on it. Businesses depend on it. Without it, the country stops. Yet despite this dependence, or perhaps

Emerging Insolvency Risks, Asset Recovery Challenges and Potential Widespread Fraud Indicators June 2026 The trucking industry is and will remain for some time, the critical backbone of the Australian economy. Supply chains depend on it. Businesses depend on it. Without it, the country stops. Yet despite this dependence, or perhaps

For decades, one of the most reliable wealth extraction strategies in Australia has been the use of a Members’ Voluntary Liquidation (MVL) — the formal solvent wind-up used to distribute a company’s reserves and assets to shareholders — to unlock pre-CGT gains held within corporate structures. The 2026 Federal Budget

For decades, one of the most reliable wealth extraction strategies in Australia has been the use of a Members’ Voluntary Liquidation (MVL) — the formal solvent wind-up used to distribute a company’s reserves and assets to shareholders — to unlock pre-CGT gains held within corporate structures. The 2026 Federal Budget