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Phoenix companies are on the rise in Australia, according to research

Corporate remnants of the global financial crisis are back. According to new research by Vera Advantage Bureau, “phoenix companies” are on the rise. These companies have come back in the guise of new entities and are hiding their bad credit history by starting over on a clean slate. According to the report, the news has spooked many business owners.
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New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

Xero recently held its annual meeting in Wellington, during which the company revealed some interesting details about its future. As has been widely suspected, the...

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