Is Nova Corporation in a state of collapse? The Australian press has printed an alarming report about Nova failing to pay the rent on hundreds of teacher apartments and the possibility that many teachers could become homeless:

A 31-year-old Brisbane woman who works in Nova middle management in Osaka said teachers and students had no confidence in the company.

“Basically, middle management is not being provided with any information as to why we’re being paid late,” she said.

She said 300 eviction notices had been served to teachers living in Nova-sponsored apartments, with the company deducting rents from their salaries but not passing them on to landlords.

For more shocking details, check out Ken Worsley’s interview with Nova Employees over at Trans-Pacific Radio. [If you are unfortunate enough to be living in a Nova apartment, you'll probably want to read this discussion about eviction and tenant rights as well.]