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Posted

If those " insolvent trader's " get taken to court , the judgement,  should include at portion of the fine be payed to creditors. 

Who does the fine benefit. 

spacesailor

  • Like 1
Posted

Spacey, the problem is many company directors and managers simply blow every cent that ever went into their bank account, run themselves into bankruptcy, and there's nothing left to even pay fines.

This is where statutory compensation funds need to be set aside to cover losses caused by poor management that creates major losses for innocent buyers.

  • Like 2
Posted

It doesn't have to be limited to a fine, although Gina Rhinehart says that should be the case for ALL crimes. IF I had $37 Billion I might say that too. Nev

  • Like 1
Posted

So far two alleged war criminals who are allegedly being protected by Kerry Stokes don't seem to be suffereing too much i nthe way of the application of due process in law enforcement.

  • Sad 1
Posted

I respectfully say to people who have not served in a zone of conflict and be shot at to not condemn veterans or serving troops, you have not experienced what has ,can happen in the situation that they are put in you have no idea how you would react, as for soldiers who commit war crimes they should be judged by their peers not civilians,the fog of war/combat takes its toll, my experience albeit for a short time was mostly boredom but bouts of sheer terror, it is not for the faint hearted and nowadays you serve with 1 hand tied behind your back, i see to much politics involved Rant over

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  • Informative 1
  • 2 weeks later...
Posted

A builder that specialised in knocking down old houses is being liquidated with more than $3million in debt - and 45 unfinished homes - after having its licence suspended.

 

Ansa Homes, a Sydney-based family business established in 2006, has collapsed after Building Commission NSW suspended its contractor licence for 60 days, following complaints from customers about defects.

 

The embattled company's shareholders appointed insolvency firm Jirsch Sutherland on Tuesday, after the state government agency stopped it from trading, leading to the retrenchment of 20 builders.

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  • 1 month later...
Posted

Tradie’s alarming discovery at new build exposes costly problem for Aussie homeowners: ‘Wild West’

 

Building inspector Russell McCarthy said the issue doesn't scratch the surface on the industry-wide problem.

 

In the past five years, McCarthy said he has not inspected one new build that was "defect-free" — despite it being a part of his everyday job.

 

Read more here.

  • Informative 1
Posted

But, Gareth, what about the pollies who sent them there? I reckon they are fair game, although I tend to agree with you about prosecuting " for war crimes". What about the blatant cases .There are some stories coming from ukraine about terrible atrocities inflicted upon defenceless captive soldiers by the russians.

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