Image: ASDF/Adobe.Stock Ken Whittingham and Mark Robinson of Fort Restructuring have secured the sale of pioneering plant-based food producer Fenn Foods major assets, days after the Sunshine Coast company entered liquidation. gold coast-based Smart Foods have entered an agreement to purchase plant and equipment, stock, vEEF and LOVE BUDS brand names, registered IPs,…
Dozens of Australian families have been affected by the sudden collapse of yet another space camp tour company, leaving parents up to $13,000 out of pocket. This time, students from melbourne’s Korowa Anglican Girls’ School have been impacted by the collapse of space camp provider Actura Australia going into liquidation* on June 14. The 16…
A Lamborghini-driving, globetrotting playboy’s construction company has gone under months after being deregistered. FTD Construction, which also stands for Fulfil The Dream, was placed into liquidation on Monday. Its perth-based sole director and chief executive Ricky Hirsch, 37, is fond of posting social media images of himself either jet-setting overseas to luxury resorts, or sitting…
Freeman Freighters – another road transport company no longer operational. Photo: Facebook Western sydney transport company winds up and in the hands of Sydney liquidators BRI Ferrier Freeman Freighters, founded in 1988 and based at Glendenning, NSW, has joined the list of road transport companies to close its doors. At a general…
By STEPHEN JOHNSON, ECONOMICS REPORTER FOR DAILY MAIL AUSTRALIA Published: 17:56 AEDT, 24 June 2024 | Updated: 13:02 AEDT, 25 June 2024 A major home building company has collapsed just 18 months after it was fined more than $40,000 for underpaying a worker. Designer Projects Victoria Pty Ltd was put into liquidation on Monday after…
Yet another construction company has collapsed with perth builder City Residence Pty LTD going into liquidation. Peter Malone from CRS Insolvency Services was appointed liquidator on Wednesday after a company meeting resolved City Residence should be wound up. The company was yet to complete 13 residential building projects despite the liquidation. Building and Energy acting…
A spate of recruitment and labour hire companies have crumbled recently as the slowing economy makes employers more reluctant to fork out money to external recruitment firms who are struggling to fill job vacancies with qualified candidates. Public insolvency notices published by the Australian Securities and Investment Commission show a range of staffing companies, such…
Twelve customers have been left in the lurch following news their
All employees at a sydney joinery and manufacturing business heavily involved in corporate and commercial construction have lost their jobs and the firm has ceased to trade. On Friday morning, 30 cabinet makers rocked up to the Wetherill Park factory of GDK Group expecting “work as usual”. But just 15 minutes earlier news.com.au had revealed…
Last year, it told a Senate committee that it was “obvious” that Qantas was putting on extra flights on some Rex routes and that this extra capacity “kills the ability for Rex to offer a sustainable alternative to the Qantas model for regional communities and increases Qantas’s market power. When Rex is forced out of…