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.
Company Collapses
The latest news on Queensland company collapses
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.
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Building industry failures mount as costs rise
External administration appointments in the construction industry rose to 660 since the start of the new financial year, ASIC data shows.
Yacht firm’s $23m collapse leaves buyers high and dry
A Gold Coast firm making ‘six-star’ luxury motor yachts in China, where designers commanded up to $300,000 per year, has gone under, owing an estimated $23m.
Gold promoter David Catsoulis’s mansion in liquidation sale
Gold promoter David Catsoulis’s waterfront mansion on the Gold Coast has been sold after his company which owns it was placed in liquidation.
Directors’ homes ‘on the line’ as bankruptcies set to explode
The ATO’s dash for cash is putting pressure on struggling business owners who have their homes on the line as many edge closer to bankruptcy. SEE THE FULL QLD LIST
Failed Couran Cove company ‘may have traded insolvent’ for 2yrs
A new report has revealed what likely caused the collapse of the company behind the popular Couran Cove resort before its closure earlier this year. Read the shock findings
145 company collapses: Qld insolvencies jump in July
Construction and hospitality groups have driven a big jump in the number of companies hitting the wall in July. See the list of names.
Subbies burnt as major builder for Hungry Jacks, KFC collapses
A Brisbane construction company that included KFC, Guzman Gomez and Hungry Jacks among its clients has gone under with some subbies owed almost $400,000.
Named: 87 Qld companies that collapsed last month
Rising interest rates, inflation and labour shortages have conspired to ensure insolvencies in Queensland were up 34 per cent in July compared to 12 months ago. SEE THE LIST
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