Oceania Glass’s massive debt revealed
Australia’s biggest glass maker is sitting on a debt pile worth more than half the company’s annual turnover, its administrators have revealed.
Australia’s biggest glass maker is sitting on a debt pile worth more than half the company’s annual turnover, its administrators have revealed.
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Australia’s only maker of architectural glass, Oceania Glass, has been placed in administration with 260 jobs on the line less than a year after warning China was dumping cheap products here.
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Original URL: https://www.ntnews.com.au/business/victoria-business/page/6