EXCLUSIVE: Multi Million Dollar Retailer Collapse Rocks Australian Distributors After Business Placed Into Liquidation – channelnews

One of Australia’s most dramatic technology sector collapses has left some of the nation’s largest IT distributors facing losses exceeding $14 million, raising serious questions about credit controls, supplier exposure, and how a relatively small Victorian retailer was able to accumulate such substantial debts in just a few years. Metrocom AU Pty Ltd, the owner…

St Hilliers: Australian building giant goes into voluntary administration

Building giant St Hilliers has gone into voluntary administration in yet another blow to Australia’s beleaguered construction industry. Glenn Livingstone and Alan Walker of WLP Restructuring were yesterday appointed as administrators for seven entities within the group’s construction division St Hilliers Contracting. Property development and investment arm St Hilliers Property is not affected. READ MORE:…