hastie in receivership, page-15

http://www.theaustralian.com.au/business/companies/hastie-refers-20m-accounting-irregularity-to-asic/story-fn91v9q3-1226366569976

"... fresh information received recently by Hastie prompted further investigations that revealed even larger irregularities."

Who gave the "fresh information" is anyone's guess. Whistleblower? Guilty conscience? Another firm who had been faux-billed and alerted HST? All speculation but this will come out at some point. It has to, or no-one feels safe in their investments. It was deliberate too- not just a fat finger error.

Re assistance for employees, I believe their is a government policy around giving redundancies of around 8 weeks to employees in this kind of situation? Maybe the ANSETT fiasco started that.