Government hammers home indemnity insurance following liquidation of local builder – WAMN News Online

The WA Government is telling homeowners to focus on making sure they have home indemnity insurance. Following the liquidation of a perth residential builder, Building and Energy Western Australia has told those impacted to get in touch with their insurer. The recent collapse of Hillary’s-based Tingey Development Group Pty Ltd has left homeowners in the…

Melbourne’s 1800 Lasagne enters liquidation after mounting debts; Thornbury cult restaurant

The meeting was told an investigation was ongoing into whether the business had traded while insolvent – meaning the business continued operating despite being unable to pay its debts. If proven, Kellock could be personally liable for some of the unpaid debts. Loading “[Which means] the parties could pursue them [the directors], and if they…

Australians unlikely to get money back after tourism agent Traveldream collapse

Australians who lost more than $1 million on prepaid “dream” holidays have been told not to expect to see their money again. melbourne-based agency Traveldream — registered as Australian Travel Deals Pty Ltd and known for selling discounted flights, cruises, and international tour packages — collapsed in April and went into voluntary administration. A new…

‘Serious pressure’: Three interstate trucking companies enter liquidation in latest blow for industry

Three interstate trucking companies, including a business that has been in operation for almost 60 years, has collapsed into liquidation as the sector faces ”serious pressure”. DJK Transport, AKG Trucking and Round Em Up Transport, which all run out of sydney, went into voluntary liquidation on Friday.  All three companies are registered to the same…