Sydney builder banned by corporate watchdog after being involved in collapse of three construction companies resulting in $93m debt

A sydney builder owing $93m in debt has been banned for five years by the Australian Securities and Investments Commission (ASIC). ASIC announced on Friday construction director Anthony Azizi, based in NSW, would be disqualified from managing corporations until July 14, 2030. The decision comes after a trio of construction company collapses, which Mr Azizi…

Optus partner enters liquidation owing $500K to creditors – ARN

sydney-based Optus services provider Anderson IT has entered into voluntary liquidation with more than $500,000 owed to creditors. The 10-year-old company, which ran an Optus Business Centre in North Sydney, appointed liquidator Graeme Beattie of Worrells, on 3 June facing more than $1.1 million in total financial liabilities. Subsequent liquidation proceedings revealed the insolvent company owes Optus…