A company linked to a banned disability provider has gone into voluntary administration. Staff at Cocoon International College in brisbane, which advertised itself as providing a pathway for overseas workers to get jobs in community services, childcare and aged care, was informed about the decision on Sunday, in an email sent by Muhammad Latif, director…
A national trucking company has abruptly closed its doors, leaving about 200 jobs at risk and customers waiting for orders. XL Express, a transport and logistics company which has been delivering packages out of its brisbane, sydney and melbourne sites for the past 35 years, went into voluntary administration on Friday along with all of…
Probuild has told its national workforce to down tools, with its parent, Johannesburg listed Wilson Bayly Holmes-Ovcon Limited (WBHO), putting the business into administration. Cbus’ 443 Queen Street, brisbane, is under construction. The move comes after four years of financial assistance by WBHO totaling $183.5 million (R2 billion). “The Australian construction environment has also become…
A brisbane trucking company is in administration after trading for 23 years, with about $1 million in debts. Newnham Trucking, which operated out of Park Ridge on Brisbane’s southside, went into voluntary administration and ceased trading in June. Its sole director and shareholder Graeme Newnham is still operating another transport business. He is also the…
A high-profile restaurant and bar located in sydney’s Kings Cross could close its doors next week, with the owner revealing the city’s lockout laws have taken a toll on the long-standing business. Hugos Lounge & Hugos Bar Pizza fell into voluntary administration on Wednesday, becoming the latest Sydney business to fall victim to the…