A board falling-out on the back of a poor first-half result has sparked the sudden resignation of Coventry Groups chief executive after just two years. Peter Caughey, who orchestrated a sweeping restructure of Coventry after relocating the fasteners to gaskets company to Melbourne in 2015, will serve out his six-month notice period on gardening leave.…
Insolvency: Wollongong Coal is not hopeful it will recover any money from Arun Jagatramka. Struggling miner Wollongong Coal has won a $91 million judgment in a long-running court case against its former parent company, Arun Jagatramkas Gujarat NRE Coke. But the result is a bittersweet one for the Indian-owned, Wollongong-based coal firm, as it is…
The chief executive of training organisation Republica Education says Australia needs to rethink how private colleges, TAFEs and universities deliver higher education after government policy contributed to Republica entering liquidation this week. The companys chief executive Ryan Trainor told SmartCompany the liquidation of Republica Education Pty Ltd, which until recently had five specialist training schools in the area of…
Life is sweet in the new population centre of Victoria exit Ten years ago the population centre of Victoria was a single-storey house in Sutherland Street, Hadfield. Today it’s a grey factory on Bakers Road in Coburg North, some 2?? kilometres south, which looks a bit like the meth lab in Breaking Bad. Population centre…
The event was due to be held in Wales next month. The first ever Safe As Milk Festival has been cancelled due to low ticket sales. Due to be held at Pontins in Prestatyn, Wales over April 21-23, the event had performances booked from artists including Jeff Mills & Tony Allen, Actress, Demdike Stare, Karen Gwyer, Princess Nokia…
One of Australia’s largest accountancy firms, PricewaterhouseCoopers, has been accused of misleading or deceptive conduct over its audits of failed training college owner Vocation Limited. PwC was last week named as a defendant in the class action brought against Vocation. Play Video Don’t Play Dear ScoMo, it’s a matter of trust. Play Video Don’t Play…
A village in Papua New Guinea. Evaluation Consult gas been attempting to recover $300,000 owed to it by PNG. A Wellington company will be liquidated after failing to recover more than $300,000 owed to it by the Papua New Guinea (PNG) government. Evaluation Consult was put into liquidation on March 24 following an application by the…
Home owners caught up in the Watersun Homes collapse say they have been left with homes so faulty or incomplete that other builders have refused to work on them. Despite administrators finding construction companies to finish around 200 of the affected properties across Victoria, about 100 homes remain languishing with no one willing to take…
Anant Singh didnt know when he befriended Donald Dawson-Durgan it would be a fatal mistake, but the 64-year-old paid for the decision with his life. On Monday, a Hamilton, Ohio jury found the worker guilty of murdering his boss because he wouldnt give him money to pay his gambling debts. Donald Dawson-Durgan was found guilty…
Hundreds of property owners who signed up with failed construction company Watersun Homes remain without a builder to complete their homes. More than 400 homes were left unfinished when the Victorian arm of Watersun Homes, WSH Group, went into administration in February Play Video Don’t Play Passenger in critical condition after PSO ‘wrestle’ Play Video Don’t…