Building certifier Watson Oldco in administration, avoids any cladding claims

NSW building certifier Watson Oldco looks set to follow melbourne builder Hickory and avoid a possible raft of claims over combustible cladding by putting a business unit into administration. Watson Oldco, part of the Lendlease-led consortium that is building the new Western sydney Stadium in Parramatta and redeveloping the Allianz Stadium next to the Sydney…

Solar battery startup Redback’s back from the brink with new owners

brisbane solar battery startup Redback Technologies is out of voluntary administration after two months with new owners in charge. Fintech Australia Ebon has put an initial $500,000 into the business after creditors approved a deed of company arrangement (DOCA) earlier this month to allow Redback, founded in 2015, to trade its way back to profitability,…