Work stops as veteran builder goes into administration
A long-running major builder with 40 staff and projects across South-East Queensland is facing insolvency, with voluntary administrators appointed to save it from collapse. Here’s what we know.
Our Journalists
Latest
‘Public interest’ in bankrupting Coast lawyer
A decision is expected within weeks on whether a disgraced ex-lawyer will be bankrupted in a landmark Federal Court case. Read what happened in the hearing’s final day:
Court told lawyer lost $3m selling family home
An unregistered Gold Coast lawyer has told a court he lost more than $3m selling his family home because of the Global Financial Crisis. Read the latest from court.
Ex lawyer set for Federal Court hearing over ‘suspicious claims’
A hearing into how disgraced former lawyer Beau Hartnett avoided his debts without going bankrupt is set to begin in the Federal Court of Brisbane on Tuesday. Here’s what to expect.
ATO’s $110m Jim Raptis case closed
After a three-year asset freeze and 26 adjournments, the ATO’s $110m Federal Court case against developer Jim Raptis is over. READ WHAT HAPPENED
Named: Every Gold Coast company insolvency for 2024
New data on company collapses has highlighted the extraordinary pressures faced by Gold Coast companies last year. EXPLORE GRAPH OF ALL 712 COMPANIES:
Wine, art, $1m donation: now $813m debts and company in peril
He came to the Gold Coast bearing cases of fine wine, valuable artworks and a million-dollar donation. Three years later, Elias Jreissati will have to reach even further into his pockets. Read why.
‘Material uncertainty’: New financial results for Star Group
ASX-listed gambling giant The Star Entertainment Group has revealed its latest financial results, noting ‘material uncertainty’ over its ability to stay afloat. Read why
‘I panicked’: Staff let go, clients in limbo as job agency collapses
Staff of a Gold Coast job agency found themselves unemployed before Christmas when the company collapsed owing more than $1.5m. READ WHAT HAPPENED
Flailing tower developer’s $800m debt
More than $800m is owed by a flailing developer of a mammoth Gold Coast residential tower, according to documents with ASIC. Read what it means for construction
Original URL: https://www.goldcoastbulletin.com.au/journalists/kathleen-skene