Insolvent trading rife among failed businesses

More than half of the external administrators' reports filed with the Australian Securities and Investment Commission during the 2013/14 financial year, detailing business insolvencies, included alleg.. read more

Dandenong credit rep banned

On Friday, ASIC cancelled the credit licence of Rosa Villella, the sole director of All Loans R Us Pty Ltd, for failing to comply with responsible lending obligations. read more

Household financial stress levels rising

Credit reporting agency Dun & Bradstreet has identified an increase in the number of consumers with adverse credit histories and has forecast a rise in consumer financial stress, meaning more peop.. read more