Aussie home builder Stokes Wheeler collapses owing almost $20million to staff and creditors

By ASHLEY NICKEL FOR DAILY MAIL AUSTRALIA Published: 17:25 AEST, 15 April 2025 | Updated: 18:47 AEST, 15 April 2025 Creditors of a recently collapsed building company have been warned they’re unlikely to recover their money. gold coast construction company Stokes Wheeler owed staff up to $1.66million and unsecured creditors more than $13.5million when it entered administration…

National chain Johnny’s Furniture plunges into administration – causing angry out-of-pocket customers to turn up at stores in Queensland, NSW and Victoria

Hundreds of unhappy customers have been left without both their money and their orders after a national furniture chain announced it had gone into administration.  Johnny’s Furniture, which had 15 stores scattered across Queensland, New South Wales and Victoria, entered voluntary administration on Tuesday. Many customers have been left in the lurch with no guarantee…

E-Mersion Media collapses: Brutal way staff were notified they were sacked after Melbourne-based startup entered liquidation

An Australian technology company has collapsed, notifying all staff by email that their jobs are gone.  melbourne-based E-Mersion Media (Aust) Pty Ltd, which had won big contracts with Formula 1 and world footballing body FIFA, has gone into liquidation. Registrar Kim Woronzcak ordered that the business be placed into liquidation ‘on the grounds of insolvency’…