Administrators pull the plug on private hospital
A private Brisbane psychiatric hospital that has been operating for almost 50 years will be `wound down’ after administrators failed to find a buyer.
Company Collapses
The latest news on Queensland company collapses
Healthscope in administration: 37 private hospitals impacted
Australia’s second largest private hospital operator is in administration after lenders swooped over a staggering debt pile. Here’s what it means for hospitals, staff and 8700 surgeries schedled this week
Liquidation crisis: One in 10 hospitality businesses gone
Australia’s hospitality businesses are struggling to stay keep their doors open, with new data showing one in 10 were forced to shut their doors in the past year.
Award-winning health provider collapses
A highly respected Darling Downs health business will be liquidated after it was placed in administration.
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Developer’s company in liquidation amid court stoush with builder
A luxury apartment developer has gone into voluntary liquidation after completing a tower that sparked an eight-figure payment stoush with one of Queensland’s biggest builders.
High-flying builder faces bankruptcy after $135m Descon collapse
The lavish-living director who built a billion-dollar building empire and then oversaw one of Australia’s biggest construction collapses is facing bankruptcy as he’s chased by the ATO.
Aussie footwear brand Wittner collapses into administration
Famous Australian footwear brand Wittner has collapsed, with administrators appointed to the more than century-old company citing rising cost pressures.
American ‘Village Roadshow’ bankruptcy unrelated to GC theme park giant of the same name
United States company Village Roadshow Entertainment Group – which no longer has ties to the successful Gold Coast theme park giant of the same name – has collapsed in a $1.57bn debt pile.
Collapsed veteran builder has $20m debts
Administrators have revealed a veteran Gold Coast building company owed almost $20m when it went into administration last month. Read how much was in trust accounts meant for subbies
Brisbane restaurant liquidated after owners get ASIC black mark
A popular inner Brisbane restaurant has entered liquidation after its two owners were disqualified from running companies by ASIC over their other failed companies.
Firms on cusp of collapse beg for help as ATO chases $35bn
As the ATO chases down $35bn in debts, an increasing number of small businesses at risk of collapse are calling in liquidators to prepare restructuring plans.
Cult burger chain collapses as ‘record-level’ insolvencies rock hospitality
A popular burger bar is one of the latest high-profile Brisbane hospitality companies to fold after years of skyrocketing operating costs and tightening customer spending.
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