Pool construction company takes a dive, announces liquidation
The husband and wife team behind a Moreton Bay pool construction company have been forced into liquidation, unable to cope with increasingly difficult business conditions.
The latest news on Queensland company collapses
The husband and wife team behind a Moreton Bay pool construction company have been forced into liquidation, unable to cope with increasingly difficult business conditions.
More than 100 workers have lost their jobs after major, nationwide builder NPM Group collapsed on Monday, shutting down construction sites across Australia.
Broking house Morgans has been accused of using shareholders’ proxy votes without their knowledge in a boardroom coup at troubled dental firm Smiles Inclusive.
A steadily increasing number of Queensland businesses are “being squeezed from both ends” and seeking help from insolvency experts. FULL LIST OF COLLAPSES
Failed dental group Smiles Inclusive used Bartercard dollars to make help boost revenue projections ahead of its $35m stock market listing in 2018.
External administration appointments in the construction industry rose to 660 since the start of the new financial year, ASIC data shows.
A Gold Coast firm making ‘six-star’ luxury motor yachts in China, where designers commanded up to $300,000 per year, has gone under, owing an estimated $23m.
Gold promoter David Catsoulis’s waterfront mansion on the Gold Coast has been sold after his company which owns it was placed in liquidation.
The ATO’s dash for cash is putting pressure on struggling business owners who have their homes on the line as many edge closer to bankruptcy. SEE THE FULL QLD LIST
A new report has revealed what likely caused the collapse of the company behind the popular Couran Cove resort before its closure earlier this year. Read the shock findings
Construction and hospitality groups have driven a big jump in the number of companies hitting the wall in July. See the list of names.
A Brisbane construction company that included KFC, Guzman Gomez and Hungry Jacks among its clients has gone under with some subbies owed almost $400,000.
Rising interest rates, inflation and labour shortages have conspired to ensure insolvencies in Queensland were up 34 per cent in July compared to 12 months ago. SEE THE LIST
The founder of a deluxe Brisbane and Gold Coast dessert bar chain has confirmed in an emotional public message that a buyer cannot be found. The four outlets have now closed.
A major Gold Coast building company has collapsed into administration, leaving staff out of work, construction of more than 500 apartments in limbo and untold debts to suppliers and subcontractors.
It promised to deliver food with a difference and Karen’s Diner certainly endured a wild ride across Australia. This is the story of the franchise’s $4.3 million collapse.
Salt Meat Cheese restaurateur Edoardo Perlo has been banned from managing companies for four years, following links to the collapse of several restaurants that owed nearly $3m.
The promotion company behind a Gold Coast music festival which was `rescheduled’ two weeks before the event was to be held in February has now gone into liquidation.
The founder of successful fast food chain Burger Urge is set to face a court grilling about his failed company Burger Urge Franchising.
Other restaurant owners have been left fuming as their own businesses take a hit off the back of the news.
A Sydney-based building group founded by developer Jean Nassif has collapsed amid fraud allegations now being probed by NSW police.
Queensland construction sector insolvencies have spiked 50 per cent in the past year alone, and many builders are warning they cannot cope with the work they took on.
A controversial Brisbane strip club has taken aim at Covid restrictions and the cost of living crisis as it announced it was closing down.
Aurora Metals has collapsed into administration, with 150 workers out of a job as its mines go bust for the fifth time in just over a decade.
The operator of a national UFC gym business has called in administrators owing creditors more than $5m amid a major legal battle with its franchisees.
Construction of beachside luxury apartments on the Sunshine Coast has been abandoned once again, following the collapse of PBS.
Projects across Australia are in limbo after national building group PBS Building went into administration on Tuesday. Find out what it means for staff, projects and creditors.
An award-winning national construction group, which went into shock administration this week, was tied to a $42m collapse exactly a decade ago, company records reveal.
A national building company is in administration, and its directors have spoken out, after it shut down development sites nationwide.
A Brisbane pool builder and landscaping business has gone under owing creditors close to $1 million. FULL LIST OF CREDITORS
Workers have ramped up their push for industry reform as a national construction firm ‘teeters on the edge of ruin’.
A once-popular Sunshine Coast cafe company which held more than $60,000 worth of cryptocurrency among its assets has folded with debt claims of more than $150,000.
Opposition leader David Crisafulli has blasted the government for ‘refusing to listen to the cries for help’ from Couran Cove residents. Read his major call for action.
Construction, transport and hospitality firms are in the firing line with company collapses surging 130 per cent in the last month driven by bad economic news. Full list of 484 companies
A liquidator has revealed the extent of debts owed by a well-known Gold Coast fine dining restaurant, and why it went into liquidation. FULL LIST OF CREDITORS:
The collapsed NightQuarter entertainment hub could be set for a second life if a deal with a ‘well established’ local venue operator goes through. Find out their plans here.
Construction and hospitality businesses are in the firing line with a surge in company collapses in Queensland over the past month driven by bad economic news. SEE THE LIST
A Gold Coast motorhome company is in liquidation after multiple customers complained it had sold vehicles on their behalf without passing on all the cash. Here are their stories
Brazilian Beauty founder Francesca Webster is being chased for almost $1.2m by the liquidators of her failed beauty empire amid claims of insolvent trading.
It is auf wiedersehen to the popular Brisbane Oktoberfest with the company behind the popular event appointing liquidators amid increasingly tough conditions in the hospitality sector.
New details have emerged about the behaviour of the boss of failed Paradise Motor Homes, amid revelations police were called in over the $20m collapse. Here’s what it means for creditors
A young Brisbane couple’s dream home has been left a half-finished rotting ruin that needs demolition after their builder collapsed. It will cost them an extra $200,000 to get the job finished.
The Australian construction sector is bracing for more insolvencies as interest rates put the brakes on the building boom and housing starts plunge.
Liquidators have moved to take control of a north Brisbane construction firm as industry leaders warn the home building sector is in its worst slump in a decade.
The building watchdog has stopped Sunshine Coast construction firm National Construction Management from taking on new work amid concerns about subbies not being paid.
The popular Spaghetti House restaurant is for sale after Brisbane hospitality identity Claire Parviz’s decision to tip the South Bank eatery into voluntary administration for a second time.
More than 180 Queensland businesses have been declared insolvent since December, including some big names. FULL LIST
A popular Queensland independent craft beer brewer has gone into voluntary administration, a victim of the Covid pandemic and a recall.
As disgruntled customers of Brisbane’s latest building firm collapse consider their options, the construction industry has warned that costs are continuing to rise.
The company behind the collapsed Sunshine Coast music venue NightQuarter received more than $600,000 in state government grants and loans in the two years before it went bust.
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