SA real estate agent undone by ballooning tax debt
The sales division of a prominent Adelaide real estate agency racked up tax debts of close to $873,000 before liquidators were called in last week.
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Property giants throw support behind Hutt St Centre
Property heavyweights Charter Hall and Built have become the Hutt St Centre’s biggest corporate supporters after pledging $50,000 in cash and in kind contributions to the homeless centre.
Paradigm taps investors for osteoarthritis trials
Adelaide pharmaceutical company Paradigm has launched a $77.9 million capital raising after completing trials of a “potential blockbuster” drug in the treatment of osteoarthritis.
Female leaders dominate civil construction awards
Female leaders working in the state’s civil construction sector have dominated this year’s Civil Contractors Federation awards.
Mayfair snapped up as part of SA hotels cash splash
ASX-listed property fund manager Elanor Investors Group has splashed out more than $100 million on four hotel properties across the state, including the upmarket Mayfair Hotel in Adelaide.
Prominent Adelaide realtor winds up sales team
The sales arm of one of Adelaide’s best-known coastal real estate agencies has been wound up weeks after its assets were sold to an unnamed party.
Adapting to NDIS disruption
The Royal Society for the Blind executive director Rob Dempsey explains how the historic organisation is responding to the roll-out of the NDIS and the heightened level of competition for funding.
Ed Harry employees paid in full — but creditors to miss out
More than 100 SA employees affected by the collapse of menswear chain Ed Harry will be paid their entitlements in full, but unsecured creditors will receive far less.
Angas investors face shortfall
Investors in an embattled $220 million debenture fund managed by Angas Securities will meet in the coming weeks to vote on a debt for equity proposal, which would leave them more than $42 million short of what they’re owed.
Business confidence still best in nation
South Australian business owners remain the most confident in the country, according to Roy Morgan data, as the state continues to weather the economic storm hitting the eastern seaboard.
Original URL: https://www.adelaidenow.com.au/journalists/giuseppe-tauriello/page/197