Shipbuilder collapses into administration after fire

brisbane-based shipbuilding company Aluminium Boats Australia has collapsed into voluntary administration following the loss of one if its navy vessels in a massive fire earlier in the year.               The company is the latest Australian manufacturing company to collapse, with FTI Consulting Group’s John Park and Kelly Trenfield appointed as administrators on Tuesday. A statement provided…

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Australian Court Orders Wind Up of R&F Unit

Contents1 Lawsuit? What Lawsuit?2 Decision Hits R&F Flagship Project3 First the Record Bids, Now the insolvency4 Mainland Developer Still Buying in Australia R&F launched sales for Brisbane 1 in November 2015 and says it has now sold A$67M in units at the A$400M project A subsidiary of China’s Guangzhou R&F Properties went into liquidation this…

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Koko Black Will Trade Over Christmas, Despite Going into Voluntary Administration

melbourne-based luxury chocolate maker, Koko Black, went into voluntary administration this week. However, it will continue trading as normal as the Christmas period approaches. Founder Shane Hills opened the first Koko Black store in Melbourne in 2003, and the business has since grown to have 14 locations around Australia. Koko Black employs approximately 300 people…

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