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Bluesfest creditors owed $7 million, financial report reveals

Byron Bay Bluesfest report reveals no money left to repay creditors Thu 11 Jun 2026 at 7:14pm In short: A liquidator's report into Byron Bay Bluesfest's financial situation has been delivered to the Australian Securities and Investments Commission (ASIC). It has found the company owes $7 million to more than 900 creditors. ASIC will examine the report and decide whether to take legal action against the company or its director.

ABC Australia 3h ago

'A matter of national security': Call for urgent action on VIQ scandal

Thirteen government agencies used embattled transcription company VIQ Solutions raising concerns over nation's data Wed 10 Jun 2026 at 5:16am Thirteen government agencies are now embroiled in an expanding scandal involving potential data breaches, prompting calls for an urgent audit amid concerns over national security. Earlier this year, embattled transcription company, VIQ Solutions, breached its Commonwealth contract with the Federal Court by allowing highly sensitive court files to be...

ABC Australia 1d ago

Petrol moguls pay $2m after empire collapses, land contaminated

Petrol station moguls pay $2 million to creditors after empire collapses, land contaminated Thu 11 Jun 2026 at 6:59am In short: The former directors of a collapsed company that leased petrol stations around the country have paid $2 million to creditors. The deal was part of a settlement they negotiated with the liquidator, who had begun legal proceedings over untested claims of asset stripping from the company before it was shut down, something the directors have strenuously denied. One...

ABC Australia 15h ago

SpaceX courts Australian investors as government warns Elon Musk risk

As Elon Musk's SpaceX goes public, Australian government officials are flagging Starlink's risks Thu 11 Jun 2026 at 5:39am In short: About 200,000 Australians and several government agencies use Starlink, and major telcos are now partnering with SpaceX to expand satellite phone coverage. Federal government officials are privately flagging risks from relying on a foreign-owned provider, according to documents obtained by a freedom of information request.

ABC Australia 17h ago

EU wants African sunlight to power Europe’s electric revolution

BRUSSELS — The European Union is betting that the future of its energy system lies under the North African sun. On Tuesday, the European Commission pledged €5 billion of EU money to renewables projects in North Africa and the Middle East, which could feed electricity back into Europe’s grid. The dream is that solar panels in the sun-soaked Sahara Desert and wind turbines along the southern and eastern shores of the Mediterranean generate electricity that is then sent through high-voltage...

Politico EU 1d ago

The fake police scam stealing millions from Australia's Chinese community

Fake police scam targets Chinese diaspora with threats and forged documents Sat 6 Jun 2026 at 5:30am It's a warm evening in a small Australian town. A man dressed in a shirt and tie prepares to record a statement he believes will be used in court.

ABC Australia 5d ago