WA Inc saga finally draws to a close with $1.9 billion payout over Bond’s defunct Bell Group

In numbers $667.2m – Insurance Commission of WA $619.6m – Bell Group NV – European bonds $410m – ATO $110m – WA Glendinning $110m – Bell Group UK It has taken 30 years, but the $1.9 billion payday over the collapse of Alan Bond’s Bell Group during Western Australia’s notorious WA Inc era has finally arrived for creditors. The once […]

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Amazon delivers bad Christmas news to Fedex, bans sellers from ground service for Prime deliveries

Amazon is banning its third-party merchants from using FedEx’s ground service to deliver to Prime members, suggesting that it thinks the service is too slow to get packages to their destinations in time for Christmas. The temporary ban will block those companies from using FedEx Ground service, although they can still use pricier FedEx Express shipping for Prime shipments. More […]

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