Nassim Khadem
More than 6500 applications for JobKeeper rejected due to ineligibility or fraud, ATO says
More than 6500 applications for JobKeeper have been rejected by the Australian Taxation Office since the program commenced, either due to ineligibility...
Who is Bain Capital? And what does it have planned for Virgin Australia?
The company behind the successful bid for Virgin Australia, Bain Capital, has vowed to keep thousands of jobs, honour all employee entitlements...
Bain Capital and Cyrus Capital Partners emerge as final bidders for Virgin Australia
Two American private equity firms – Bain Capital and Cyrus Capital Partners – have emerged as the final bidders for Virgin Australia,...
JobKeeper changes are coming, and these businesses could lose it next
There’s a telling line in the rules surrounding the federal government’s $70 billion JobKeeper wage subsidy that indicates the Treasurer reserves the...
Four bidders shortlisted for Virgin Australia
Virgin Australia and its administrator Deloitte have shortlisted “highly credentialled” parties who could end up being the new owners of Australia’s second...
Wild blue blunder? Qld’s surprise bid for Virgin raises a host of troubling questions
Rumours have been circulating for weeks about who could step in as the new owner of Australia’s second major airline. Ever since...
Virgin Australia goes into voluntary administration
Virgin Australia has entered voluntary administration. In a statement to the ASX, the airline said the move would help “recapitalise the business”...
Virgin Australia pilot calls for a last-minute lifeline as company approaches insolvency
Virgin Australia captain George Kailis has been flying planes for almost 20 years, but fears for himself and his co-workers as the...
Working from home because of coronavirus? You’re now eligible for a new 80 cents per hour tax shortcut
Claiming tax deductions for working from home due to coronavirus is being made easier. The Australian Taxation Office (ATO) is introducing a...
Virgin Australia seeks $1.4 billion bailout. Qantas says if that happens, it wants $4.2 billion
Virgin Australia has lifted out of a temporary trading halt, after confirming reports that it has asked the federal government for a...