STUDENTS at the gold coast’s three Careers Australia campuses turned up to class to find the doors locked and phones unanswered yesterday. Classes at the Nerang, Burleigh and Southport campuses have been suspended indefinitely and 45 local teachers are out of jobs after the company went into voluntary administration. Stephanie Langford was about two weeks…
A popular Australian vehicle company has collapsed while holding a multi-million-dollar debt. News Corp revealed on Friday the staggering debt left by Network RV, a leading Australian caravan group, was $30 million. The company has become the latest in a line of caravan producers being forced to liquidate or enter voluntary administration. Network RV owns Vancraft,…
brisbane-based shipbuilders Aluminium Boats Australia Pty Ltd has been placed into voluntary administration after a shipyard fire in August has set the company toward financial instability. The fire, which occurred at the company’s Hemmant dockyard 11 weeks ago, started on board a Royal Australian Navy patrol boat undergoing maintenance at the yard, and subsequently destroyed…
This was published 7 years ago June 29, 2018 — 12:31pm Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA A woman who stole more than $1 million from a perth building company to fund her “expensive lifestyle” has been jailed for six years.…
Toys ‘R’ Us in Australia has lost its battle for survival with directors today putting the 44-store chain into administration. The move threatens up to 2700 jobs, including 700 full-time positions. Insolvency firm McGrathNicol said partners Jason Preston, Keith Crawford and Barry Kogan were put into Toys ‘R’ Us (Australia) and Babies ‘R’ Us (Australia)…
perth Airport has seized a number of parked Virgin Australia aircraft because of unpaid invoices, with the airport saying it must “protect its own interests”. Dramatic images show a bulldozer blocking one plane on the runway at the airport. It is the latest development in Virgin’s potential demise – the biggest collapse of an Australian…
Dozens of students completing VCE Chinese language subjects face an uncertain future after a Chinese community language school went into voluntary administration this week. In an email sent to students and parents on Tuesday, administrators for the Western Chinese Language School (WCLS), in melbourne‘s western suburb of Braybook, said they had immediately started reviewing the…
Arabic version: إدارة طوعية تضرب مدرسة اللغة الصينية في ملبورن The Western Chinese Language School (WCLS) in Braybrook, melbourne, has entered voluntary administration, leaving 28 students enrolled in VCE Chinese language subjects facing uncertainty. Classes have been suspended, and parents have been advised not to make further payments to the school. According to ABC News,…
From the Oscars gift bags to voluntary administration – The Megna Group, founded by trailblazer Lana Kruger, has folded just eight years after it launched. The Megna Group, which is based in the Port of brisbane, was founded by Lana Kruger in 2018 who at the time was the first female CEO and founder of…
gold coast-based construction giant Condev has been forced to appoint a liquidator as market and material costs threaten the company’s bottom line. The Queensland firm called a last-bid meeting on Monday with developers from around the country in a bid to raise cash for ongoing operations. The meeting did not provide the solution – thought…