Retravision Northern to vote on company closure and book destruction
Retravision Northern members will meet on 14 March 2013 to decide whether liquidators from PricewaterhouseCoopers should be appointed to wind down the company and to vote on the destruction of the company's books.
Tue 26/02/2013 12:00:00 / Read More »Dodgy rental dealings put appliance retail industry at risk
With two appliance rental providers facing the ire of ASIC in the past week, the industry is certainly coming under increased regulatory scrutiny. So what does it mean for the rest of the retail industry?
Tue 19/02/2013 12:00:00 / Read More »ASIC slams Mobile Rentals for irresponsible rental practices
An appliance rental provider has again come under the scrutiny of the Australian Securities and Investments Commission, with the regulator cancelling the credit license of Mobile Rentals for irresponsible rental practices.
Tue 19/02/2013 12:00:00 / Read More »Mr Rental responds to ASIC's "interpretation" of unfair contracts
After being ordered by ASIC to refund customers over unfair contract terms, appliance rental provider Mr Rental has confirmed it will comply with the regulator, but that the initial stoush over contracts was an issue of "interpretation".
Wed 13/02/2013 12:00:00 / Read More »Mr Rental forced to refund 1,560 customers for "unfair" rental contracts
The Australian Securities and Investments Commission has ordered appliance rental franchise Mr Rental to refund customers after charging "unfair" early termination fees. The refunds are expected to exceed $300,000.
Tue 12/02/2013 12:00:00 / Read More »David Jones takeover timeline revealed as ASIC investigates
David Jones has revealed the bizarre chain of events that led to a takeover offer from an unknown company last week, while ASIC has announced it has been "monitoring developments closely" and is investigating the situation.
Tue 03/07/2012 12:00:00 / Read More »Viva la Franchise: Businesses get recruiting at Sydney expo
The Franchising & Business Opportunities Expo was in Sydney this weekend, with companies such as Telstra, Vodafone and McDonald's looking to recruit. Other lesser-known businesses were also there, with some curious promo materials...
Mon 26/03/2012 12:00:00 / Read More »Kleenmaid defence lawyer speaks of 'regret and suffering'
The barrister defending Andrew and Bradley Young, the disgraced former directors of Kleenmaid, has spoken exclusively to Current about the case, saying the men were "deeply regretful" about what happened to the company.
Fri 17/02/2012 12:00:00 / Read More »Kleenmaid speaks after 58 charges laid over company collapse
The 3 former directors of the disgraced Kleenmaid company have appeared in court today, facing counts of fraud and failure to prevent a company incurring debt, almost 3 years after the company collapsed.
Thu 16/02/2012 12:00:00 / Read More »Intel and friends to launch 2011 PC generation tomorrow
Intel will tomorrow be conducting the launch of its 2nd Generation Intel Core processor family. Also there will be Sony, Samsung, HP, Dell, Acer, Asus and more.
Mon 17/01/2011 12:00:00 / Read More »Deloitte secures ASIC funding to investigate Kleenmaid insolvency
It has just been confirmed that ASIC has approved funding for Deloitte to fully investigate the collapse of disgraced white goods supplier, Kleenmaid. If proven guilty of insolvency, the directors could face five years in prison.
Fri 25/09/2009 12:00:00 / Read More »Deloitte responds to criticism over Kleenmaid liquidation process
The liquidator of the collapsed Kleenmaid organisation, Deloitte, has responded to claims in Current.com.au's article yesterday that the liquidation process is taking too long and the issue is going to be forgotten.
Tue 14/07/2009 12:00:00 / Read More »'Act now or directors will get away with it': Kleenmaid insider
EXCLUSIVE: A chartered accountant looking into the Kleenmaid collapse has spoken with Current.com.au and highlighted his concerns that the directors may go unchallenged due to a lack of involvement from liquidators Deloitte, and the ASIC.
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