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.
Company Collapses
The latest news on Queensland company collapses
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.
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Collapsed Queensland shed company’s seven-figure debt revealed
The scale of debt owed by a collapsed Queensland shed company has been revealed as more than 30 creditors, including the Australian Taxation Office, emerge.
Coast man banned over $4m failures of Brisbane companies
A Gold Coast man has been handed the longest possible ban from running companies, after four of his Brisbane businesses collapsed owing more than $4m to suppliers, staff and the ATO.
Liquidation looms as brewery’s frothy debts revealed
The liquidation of a popular Gold Coast craft brewery looks inevitable after administrators found it had likely been insolvent since 2022. The amount of its crippling debt has also been revealed
Tritium insolvency warning five months before collapse
Tritium, the poster child of Anthony Albanese’s manufacturing revolution, was in talks about a potential insolvency appointment five months before the fast charger firm collapsed.
Redback burns taxpayer cash, calls in administrators
Renewable energy firm Redback Technologies, which has received millions of dollars in taxpayer funding, has called in administrators after racking up big losses.
Construction group in liquidation, amid $200m in debt disputes
A national construction company with projects along the east coast – and hundreds of millions in debt – is finally in liquidation. READ WHAT HAPPENED:
Ipswich horse trailer, caravan manufacturer folds owing $1.7m
A manufacturer of horse floats, caravans and trailers west of Brisbane has entered into liquidation, owing $1.7 million to the ATO, suppliers, customers and employees.
Civil construction giant in $21m collapse, claims of insolvent trading
A criminal investigation has been launched after the collapse of a Queensland civil construction giant with debts of more than $21m and claims of insolvent trading.
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