Category : Search result: HECS debt


Defunct Canberra soccer club leaves $627,000 shortfall

Liquidator's report reveals Gungahlin United FC owes $682,000 with only $55,000 in assets, leaving players, parents and government out of pocket. Read the full breakdown of the Canberra football collapse.

MYEFO reveals debt burden for next generation

Treasurer Jim Chalmers' Mid-Year Economic and Fiscal Outlook forecasts deficits for a decade, with today's primary school children set to pay off a national debt nearing $1 trillion. Read the analysis.

Wanneroo Clears $740k in Historical Library Fines

The City of Wanneroo has forgiven over $740,000 in old library fees, clearing the slate for 13,521 members. Mayor Linda Aitken urges residents to return and explore their fine-free local libraries.

Gungahlin United FC folds with $550k debt

Heartbreaking end for Canberra football club as members vote to wind up after 20 years. Liquidator appointed to handle $550,000 debts. Read the full story.

Gungahlin United FC collapses under debt burden

Canberra's football community reels as Gungahlin United FC faces financial collapse with massive debts, forcing the club to call an emergency meeting to determine its future.

Geelong Steel Company Collapses with $568,000 Debt

Another Geelong manufacturer falls as JS Ironworkers enters liquidation with $568,000 debt, leaving local suppliers in the lurch and raising concerns about the region's industrial future.

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