The latest news on Queensland company collapses
Former customers are living a nightmare as they try to salvage anything they can out of the trail of devastation left in the wake of a Brisbane builder’s collapse. WATCH THE VIDEO
Skyrocketing costs and decreasing consumer spend are destroying the country’s restaurant and cafe sector, with industry leaders calling for the government to step in and help before it’s too late.
Liquidators have seized control of the food empire owned by the prominent Queensland chef behind popular restaurant Montrachet, with all venues to cease trading immediately.
Plans of a high profile fish and chips chain to scale into other states have taken a battering, with stores at Byron Bay and the Gold Coast closed and two companies in liquidation.
Failed construction business NPM Group owes about $40m, with subbies and other suppliers unlikely to see a cent returned to them by liquidators.
A Queensland business that supplied popular juices and other products to some of Brisbane’s most high-end venues, including the Calile and W hotels, and Howard Smith Wharves, has gone bust.
After months of uncertainty about the future of the company and its hundreds of creditors, a major Gold Coast building company has been wound up and placed into 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.
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.
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