Category: Australia

An Australian swimsuit company founded by James Packer’s ex-wife has entered administration twice. At Tigerlily, which model Jodhi Meares first established, administrators have been brought in and out several times. Glenn Franklin and Jason Stone of PKF were appointed jointly on March 4, per records filed with the corporate regulator. Private equity firm Crescent Capital appointed Deloitte to help sell the business last year, three years after Tigerlily emerged from voluntary administration, […]

 Mass migration is causing Australians to experience a “personal recession.” According to the Australian Bureau of Statistics (ABS) National Accounts, the country’s economy expanded “a tepid” 0.2% during the last three months of 2023 and 1.5% overall.  Economy’s sluggish growth of the country in 2023 was nevertheless a “good sign.” Mr. Milner, GXO Strategies Director, said, “The government hasn’t kept up with the flood gates of migration that they’ve let rip to create 0.2% growth at the end of last year.” In order to escape a technological recession, we have thereby paid a colossal transactional cost of 500,000 more people using our highways, hospitals, schools, and other facilities. That means the Australians are currently going through a personal recession.”