Too soft on insolvent traders?

Article Abstract:

Australia's insolvent-trading laws have too many loopholes, and insolvency practitioners and government would like to see tighter provisions to the laws and stronger penalties for breaking them. Nearly 40% of businesses have been harmed by an insolvent trading company, yet only 12 prosecutions have resulted in seven years. The Commonwealth-State Ministerial Council for Corporations (MINCO) has been studying proposals for changes to the laws and will meet on July 21, 1999, to decide on approval. When MINCO meets, it will also decide on a 10-year jail sentence and up to a $100,000 fine for insolvent trading.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Trading Regulations, Statistical Data Included, Bankruptcy law, Securities law, Securities trading

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One field, two aims, dual paths

Article Abstract:

Maria Kourtesis and Stella Alexander, owners of their own fast-growing temporary employment agencies, have led very similar lives. Both are hard-driving, women executives with strong networking and management skills. In fact, Kourtesis once worked for Alexander before she decided to open her own agency. Both of the agencies are considered to be among the 100 fastest growing private companies in Australia.

Management, Officials and employees, Biography, Temporary employment services, Adelaide, Australia, Alexander, Stella, Kourtesis, Maria

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Nudie's new squeeze

Article Abstract:

The start up of the fresh juice company, Emma & Tom's by Emma Welsh and Tom Griffith, the motivation behind start up, a forecast of the company sales in its first year, the competitions it is facing, are discussed.

Forecasts, trends, outlooks, Organizational history, Market share, Canned fruits and vegetables, Company market share, Juice industry, Company business forecast/projection, Company forecasts, Organization formation

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