Officeworks-backed circular economy pioneer in liquidation
A circular economy pioneer that started out as the World’s Biggest Garage Sale charity and is part-owned by Officeworks has gone into liquidation.
Company Collapses
The latest news on Queensland company collapses
‘How was this allowed to happen?’ Contracts torn up in tower mess
Contracts for more than 60 apartments in a Gold Coast development have been torn up, leaving “heartbroken” buyers buyers without their long-awaited homes. Read how it happened
Major Brisbane restaurant chain collapses
A major restaurant group with six venues across Brisbane including in Fortitude Valley, Newstead and Milton has entered into voluntary liquidation.
Funding failure claims battery maker Redflow
Voluntary administrators have been appointed at battery maker Redflow, a move that raises concerns over the viability of the Albanese government’s Future Made in Australia policy.
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Cafes failing at fastest rate on record
Hospitality businesses across the nation are failing at the fastest rate on record, new data has shown, in a grim reflection of the state of the embattled sector.
Renamed national construction giant winding up
A liquidator has been appointed to wind up a national construction giant based on the Gold Coast, which changed its name the day before it went into receivership amid multiple debts.
Decade-old building company collapses with $1.3m debt
An established Queensland building company has collapsed owing more than $1.3m after 10 years in the construction industry.
Construction insolvencies on track to set record yearly highs
Insolvencies in the building and construction sector were already on par with pre-Covid levels for the calendar year and are set to exceed historical highs.
Brisbane builder collapses with $3m in debts, 35 projects in limbo
Up to 35 construction projects across South East Queensland have been left in limbo after an award-winning builder declared bankruptcy with debts of $3m to suppliers across four states.
TV chef’s restaurant racks up $1m debt
A celebrity chef’s newly launched hospitality business has struck a deal with creditors after being unable to pay nearly $1 million of debt.
Vacant block of weeds instead of a dream home in builder nightmare
Kenia Alves is paying rent and a mortgage on a vacant block of land after her builder Chelbrooke collapsed. She estimates the saga has cost her $100,000 and she’s still picking up the pieces.
‘Perfect storm’ wipes out Qld builders: Full list of construction failures
Small businesses have been crushed and building sites abandoned amid a construction crisis now the worst in 15 years. MAPPED LIST OF COLLAPSES
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