Mining engineering company goes under owing $2m
Administrators have been appointed to a mining engineering company operating in the Bowen Basin with creditors owed in excess of $2m.
City Beat
‘Shock, horror’: Public servant salaries need a shake up
The boss of Queensland’s largest company has a suggestion on how to overhaul public servant fat cats’ pay, and it might not go down well in William St.
Rail giant boss lifts stake to $2.8m
The highest paid CEO in Queensland has lifted his stake in the company to $2.8m while another firm’s boss has cashed in some of her $18m shareholding.
Buyer emerges for troubled child safety business
A buyer has emerged for the Brisbane developer of a popular child safety tracking device after the firm collapsed last month owing more than $1m.
$1bn reward as former ‘dirty old’ Ipswich coal miners go green
A posse of former Ipswich coal miners’ decision to back a zero emission future has resulted in a $1bn reward with shares in their lithium company skyrocketing.
$100m dividend payday for Qld richlisters
A handful of Queensland richlisters will receive more than $100m in dividend payouts as their companies successfully navigate the impact of Covid-19 lockdowns on the economy.
This Qld duo made $15m profit in just one day
It was a profitable day for two Queenslanders associated with Brisbane battery technology firm Li-S Energy which posted one of the most spectacular stock market debuts of the year.
Adviser banned for not acting in clients’ best interests
The corporate watchdog has banned the boss of a failed Queensland financial planning firm for not acting in the best interest of clients.
Cottee still betting on Qld’s gas future
A Brisbane resources explorer has rustled up another $8m as it aims to develop one of Queensland’s biggest and best gas fields.
Former QBCC execs ‘horrified’ by de Brenni’s claims
Two former QBCC execs have hit back at claims that they were to blame for the building watchdog’s shocking failure to suspend the licence of a sex offender.
Minister moves to cancel licence of tradie who assaulted women
Following Courier-Mail revelations, a state minister has moved to cancel the licence of a tradie who was allowed to continue working despite sexually assaulting clients in their homes.
Union fury over Master Builders’ $1m JobKeeper snare amid mass lay-offs
The CFMEU is demanding the Master Builders Association return $1.05m in JobKeeper income it received at the same time it allegedly got rid of about a quarter of its workers.
Merger creates $6bn Brisbane lithium player
A well-known local lawyer has worked on some big takeovers in his career but nothing as big as the recent deal to create a $6bn Brisbane-based lithium giant.
Qld teen takes on global banking giant over ‘deceptive’ Reef ads
A 17-year-old Queensland student is taking on a global banking colossus over its recent advertising campaign featuring the Great Barrier Reef, saying the content is misleading, deceptive and hypocritical.
Brisbane ‘neobank’ adds $20m to its war chest
Another $20m has just landed in the coffers of a fast-growing Brisbane “neobank’’ which only does business online.
$42m in debt, Bestjet’s legal fallout continues
Legal battles still rage nearly three years after the collapse of a Brisbane online travel booking firm, which owed creditors far more than first thought.
Creditors owed $20K after Qld travel agency goes bust
A Sunshine Coast online travel agency has gone under as border closures continue to bite across the sector, with many firms struggling to keep their doors open.
Couple chase $1m for Qld’s first alcohol-free brewery
A Gold Coast couple are in the midst of raising $1m to build Australia’s first alcohol-free brewery.
The CCC report this ex-Public Trustee boss doesn’t want you to see
A former top public servant has tried but failed to prevent the release of a Crime and Corruption Commission report into his alleged wrongdoing while at the helm of the Public Trustee of Queensland. Now, the material is set to be released.
$5m debts: Third-generation family farm goes under
A family-owned farm on the Granite Belt, operating since the end of World War II and which supplied the likes of leading supermarkets and pizza giant Domino’s, has gone belly up owing creditors $5m.
‘I’ve lost faith’: Exec’s parting shot at building watchdog
A former senior figure at Queensland’s dysfunctional building regulator has torn strips off the agency as another top employee heads for the exits.
Qld Law Society sues bankrupt former lawyer
A bankrupt former Brisbane lawyer has just been sued by the law society over his audacious bid to get back in the legal game.
Unique fund chasing $10m to save koalas
There’s a new way to help save Australia’s iconic endangered koalas thanks to a special investment fund.
Brisbane bloke who turned $1 deal into billion-dollar goliath
Punters have embraced a Brisbane-based company, which just raised $7m, and it has a lot to do with one bloke and his legendary track record.
Wind-up order: Female shooter brings down ‘toxic boys’ club’
An 85-year-old Brisbane shooting club will be wound up after a dispute with a member, who was twice ousted and alleged it was a toxic “boys’ club’’ that allowed bullying to flourish.
Revolving door: More Public Trustee execs head for the exit
The revolving door is spinning fast at the Public Trustee of Queensland with more senior executives heading for the exit.
Construction industry rocked by another shock depature
Another top-level resignation has rocked the state’s building industry regulator, with an assistant commissioner quitting in what sources described as “acrimonious’’ circumstances.
New drama for Brisbane real estate firm
It’s hard to believe in the midst of a booming residential market that a Brisbane property sales group has had a winding up order against one of its companies, but this one has. Here’s why.
‘None of your business’: Company boss responds to collapse
Gold Coast company Eco Powered, which aimed to cut power bills for businesses, has been brought before the court after Australia’s biggest online electrical wholesaler called for its liquidation.
Bauxite exporter goes bust over unpaid royalties
It’s all gone pear-shaped for mining outfit Green Coast Resources, which had big plans to become a major exporter in north Queensland.
Gold Coast crusader charged with running business while bankrupt
He’s the anti-bank advocate who hit the headlines after he was bankrupted over an $8.5m property loan but Geoff Shannon now finds himself in court.
‘Bum breathers’ could foil gas miner’s plans
A threat to so-called “bum breathers” is being claimed by greenies aiming to stop a gas miner’s latest Queensland moves.
16 rounds of golf a day, for 7 days: Brisbane man’s swing at world record
Businessman Mick McLoughlin is on the hunt for a golf course where he can play 18 hours a day as he aims to set a new world record and raise $250,000.
Bank of Queensland’s $1.3b troubled takeover approved
A high-profile but problem-plagued acquisition has finally got over the line but it comes in the wake of criminal charges and a capital raising effort that left thousands of investors disenfranchised.
Tech firm civil war ends with liquidation
A civil war which erupted inside a Sunshine Coast tech firm a few months ago has ended with its liquidation this week
Farming brothers suing for $1.2m over weed invasion
Two brothers running a cattle station claim they continue to pay a fearsome price for allowing a gas company to access their land more than a decade ago
Brisbane collector’s possible $8m diamond windfall
She’s the Brisbane retiree who quietly collected an impressive collection of pink diamonds from WA’s famous Argyle mine. Now she is preparing to sell, and their potential worth is truly dazzling.
Last man lying down: CEO Sleepout a battle of two
The annual Vinnies CEO Sleepout in Brisbane has boiled down to a clash between a veteran of the event and a brash newcomer.
One-time high-flying lawyer now out of practice
The long and controversial legal career of Brisbane personal injury lawyer Michael Kemp has come to a screeching halt
Luxury boat builder’s fight back from brink of $320m collapse
The revived fortunes of southeast Queensland luxury boat builder Riviera counts as one of the greatest corporate turnarounds in Australia.
Brisbane bricklayer goes under owing $2m
A Brisbane bricklaying company that had worked on major apartment buildings across the city has gone under owing creditors more than $2m.
Brisbane miner plugs into high-tech demand
Tin isn’t usually considered one of the sexiest commodities. But that may be about to change as demand for the metal soars thanks to the high-tech sector.
Qld Govt struggling to fill prestigious role
Will the last person at the Office of Queensland Chief Entrepreneur please turn out the lights? We hear the State Government is having a difficult time filling the unpaid role.
Tritium co-founder moves on to new $5m start-up
With the success of his EV company to his name, Paul Sernia is now launching a hydrogen venture that has secured backing from big names.
“Load of crap’’: Farmers appeal court loss after $105m crop disaster
Devastated farmers have not given up the fight against the seed company they claim caused more than $100m in damage to their crops.
Entrepreneur back months after his robotics firm collapsed
Just three months after his robotics firm collapsed, this Sunshine Coast entrepreneur is back flogging much the same equipment under the guise of a different company.
Siblings use NASA tech to create “revolutionary” gardening product
An entrepreneurial Brisbane brother and sister want to raise $650,000 to scale up production of their “revolutionary” new gardening product.
Builder in shopping centre dispute faces second wind-up bid
A Brisbane builder embroiled in a legal battle over the Inala shopping centre redevelopment has been hit with a wind-up bid just months after a failed attempt to tip it into liquidation.
Brisbane defence expo hit by protests and high-profile no-shows
Australia’s biggest defence-focused trade fair kicks off Tuesday in Brisbane and it’s already causing quite a stir.
Screws tighten on embattled Brisbane solicitor
The Queensland Law Society has become the third entity to appoint receivers to a law firm that collapsed in February with debts of $8.15 million.
Original URL: https://www.couriermail.com.au/business/citybeat/page/15