WA builder BuiltonCorp collapses with more than $16 million in debts, as subcontractor payments remain in the spotlight – SmartCompany.com.au

Liquidation

The security of payments for subcontractors in the building and construction sector are again in the spotlight after Western Australian builder BuiltonCorp collapsed into voluntary administration on Monday. The companys administrators are advising clients with homes under construction by the company that its likely they will have to find new builders to complete projects their projects. Dino…

Wet weather sees Mount Todd gold mine owned by Vista Gold discharging contaminated water into Edith River – ABC Online

Liquidation

A gold mine north of Katherine has started deliberately discharging contaminated water into a river due to the heavy rainfall in the area. Mount Todd mine, 45 kilometres north of the town, has not been active since 2000 after its original owner went into voluntary administration. It was sold to Vista Gold in 2006…

Ballarat man loses $65,000 to sports betting | The Border Mail – The Border Mail

Gambling

RELATED COVERAGE Sports wagerers with debts of tens of thousands of dollars are regularly presenting to Child and Family Services Ballarat, the service said.  Every two to four weeks a person will seek help with debts which are out of control for their stage of life because of compulsive sports betting, CAFS financial counselling coordinator Colin Handreck…

BRIEF-Asian hotels east ltd says to consider restructuring co’s business and units – Reuters

Restructuring

Jan 24 Asian Hotels East Ltd * Says to consider restructuring co’s business and units Source text: (bit.ly/2jN3qG0) Further company coverage: ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Consumer Goods and Retail ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if (k + 1 Also…

BRIEF-Asian hotels east ltd says to consider restructuring co’s business and units – Reuters

Restructuring

Jan 24 Asian Hotels East Ltd * Says to consider restructuring co’s business and units Source text: (bit.ly/2jN3qG0) Further company coverage: ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Company News ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if (k + 1 Also In Company…