A COMPANY which laid off 45 staff back in June this year is now going into liquidation, with former workers still awaiting entitlement payments of over $400,000. Geiger Electrical laid off workers in Mackay, Townsville, Harvey Bay, Yeppoon and Rockhampton in June, but entitlements are still owed. Management said the initial redundancies were due to…
BREAKING: The collapse of a major electrical company has left Toowoomba families on the brink of financial disaster, with some up to $400,000 out of pocket, a union claims. The Electrical Trades Union is calling on Geiger Group to pay all outstanding entitlements to employees following the liquidation of five Geiger companies on Monday. In…
Deena Coster The company behind The Ugly Duck Restaurant and Bar in Fitzroy has been placed into liquidation. A New Plymouth establishment has been forced to close its doors. The Ugly Duck Restaurant and Bar in Fitzroy has stopped trading after it was put into liquidation on August 2. Jigga Limited, which trades as The Ugly Duck, was the…
Deena Coster The company behind The Ugly Duck Restaurant and Bar in Fitzroy has been placed into liquidation. A New Plymouth establishment has been forced to close its doors. The Ugly Duck Restaurant and Bar in Fitzroy has stopped trading after it was put into liquidation on August 2. Jigga Limited, which trades as The Ugly Duck, was the…
Theres a horse named inflation. This horse is flat on its stomach, with legs spreadeagle. Every three days for the past nine years, one of the worlds central bankers dresses up as a jockey. They mount the horse and flog it with the whip marked lower interest rates. On Tuesday, our resident jockey, Glenn Stevens,…
UPDATE: A SOBBING woman collapsed to the floor outside Brisbane District Court after a jury convicted former Kleenmaid director Bradley Wendell Young of fraud and insolvent trading. The jury returned verdicts after almost four hours, following an 18-week trial. Young was found guilty of one offence of fraud and 17 counts of insolvent trading. He…
UPDATE: A SOBBING woman collapsed to the floor outside Brisbane District Court after a jury convicted former Kleenmaid director Bradley Wendell Young of fraud and insolvent trading. The jury returned verdicts after almost four hours, following an 18-week trial. Young was found guilty of one offence of fraud and 17 counts of insolvent trading. He…
JURORS in the Kleenmaid fraud trial have begun deliberations. Former Kleenmaid director Bradley Wendell Young, 44, pleaded not guilty in Brisbane District Court in April to defrauding Westpac through a $13-million loan and operating the Sunshine Coast based whitegoods company while it was insolvent. At 12.06pm today, the jury began working through the one fraud…
A company has gone into liquidation leaving behind tens of thousands of tonnes of hazardous material, raising questions about who is responsible for it. Tiwai Point smelter Photo: Wiki Commons The material, Ouvea Premix – a type of fertiliser – comes from dross from Tiwai Point Aluminium Smelter. Aluminium dross is a hazardous material which…
05 August 2016 Lara Bullock View Comments Hunt & Hunt Tasmania has closed its doors, with its lawyers being snapped up by two national firms both establishing Hobart offices. …