Revealed: Worst suburbs for business debt named
An alarming new report has named the Gold Coast suburbs and industries where businesses are most likely to default on payments – with one leader describing the analysis as ‘worrying’.
Company Collapses
The latest news on Queensland company collapses
The Queensland regions most at risk for business collapses
Businesses on the Gold Coast are among the most at risk in the country of collapsing in the next 12 months. See which other Qld regions made the hit list.
‘Huge backlog of debt’: Adventure tourism group collapses
The pandemic has been blamed for the collapse of a leading tourism adventure business which has gone into voluntary administration.
‘We have food and coffee, just no staff’: Qld’s cafe crisis revealed
Australia’s ongoing hospitality staff shortage issue has already hit Queensland hard – and more pain could be on the way. LIST OF CLOSURES
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Covid-19 blamed as popular Brisbane cafe chain collapses
Queensland fast food chain FantAsia, which operated eight cafes in high-profile shopping centres around Brisbane, has closed its doors.
Gold Coast strip club king’s companies in liquidation
Liquidators have been appointed to companies controlled by Surfers Paradise nightclub baron Craig Duffy who founded Hollywood Showgirls.
Tradies caught out in $1.3m collapse of Brisbane firm
A firm working in the construction sector for more than 10 years has gone into liquidation owing more than $1.3m adding to growing woes for the sector.
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
Construction firm goes bust after disputes with subbies
Liquidators have been appointed to a Brisbane construction firm that helped roll out the famous Taco Bell chain in Australia.
Greensills lose landmark $58m tax legal battle
A major court ruling has added a hefty bill to embattled Bundaberg business baron Lex Greensill woes that extend to his family’s empire.
Greensill’s $58m tax loss a worry for expats
A Federal Court ruling that has added a $58m CGT bill to Lex Greensill’s woes could also set a worrying precedent for other wealthy expats.
Covid fallout continues to leave Queensland businesses weakened
Just 16 per cent of Queensland businesses have returned to pre-COVID business levels, new figures show, as the “pulse” of the state’s enterprises remains weak.
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