It was meant to be pay day for EC and M’s 400 strong workforce. But instead of getting their weekly wage, workers were yesterday called to a meeting at the Henderson headquarters and told to pack up their tools and head home. Peter Carter from the Electrical Trades Union says workers have been left in…
In short: The Dolphin Discovery Centre, in WA’s South West, has gone into voluntary administration. The centre has faced challenging times since the COVID-19 pandemic, including staff shortages. What’s next: The attraction will remain open, but there will be some changes to its hospitality operations. A major WA tourist attraction that allows visitors to interact with dolphins…
Jeanswest’s 53 years of operation in Australia are set to end. Photo: Facebook. Jeanswest is the latest clothing outlet to end its operations in Australia, after it was announced its parent company, Harbour Guidance Pty Ltd, had entered voluntary administration. Across the Region network, stores will close in Tuggeranong, Bega, Wollongong, Albury and Griffith. Across…
Home building client David Daff says he is elated after the perth company that left him waiting well past his scheduled completion date announced it had gone into administration. Inspired Homes’ move into voluntary administration will allow customers with long-overdue building projects to access funds and employ new builders. Mr Daff, who signed on with…
One of Australia’s biggest chicken suppliers has been placed into voluntary administration with hundreds of jobs likely to be lost. Red Lea Chickens was on March 29 placed into voluntary administration, with the company saying on its website its financial position means there’s “no alternative” but to wind-down operations. The message on Red Lea Chickens’…
Immediately after the vote, KPMG signed a deed of company arrangement and control of operations was returned to the Carriageworks’ board of directors headed by chair Cass O’Connor. The result ends a push within government for the sydney Opera House to take over operations of the Eveleigh Railway Yards venue. Kerr Neilson led the philanthropic…
The company, which builds commercial, education, hospitals, courts, housing, and industrial buildings, operates in NSW, Queensland and the ACT. It posted $1.3 billion in revenue in the 2022 financial year, down from $1.58 billion in the year-earlier period. The group’s accounts released to the Australian Securities and Investments Commission to June 30, 2022 showed it…
The news Normal text sizeLarger text sizeVery large text size Designer label Dion Lee will exit the Australian fashion scene after the troubled company failed to find a buyer. At a creditors’ meeting on Thursday, administrator Antony Resnick, of dVT Group, recommended the 15-year-old company be wound up after a buyer failed to emerge from…
In short: Major building company St Hilliers has called in voluntary administrators. Work has been paused work at 21 construction sites while administrators undertake an assessment of its finances and operations. What’s next? The first meeting of creditors is expected to be held within the next two weeks Major construction company St Hilliers has been placed into voluntary…
sydney’s Akasha Brewing Company has become the latest craft brewer to enter into voluntary administration, with the directors appointing Henry McKenna of Vincents as administrator on Wednesday. The directors of Akasha have made the decision to enter administration to deal with financial losses due to declining consumer demand amid a climate of rising production costs…