Fifty jobs on the line in a Dunedin courtroom
On Thursday, the High Court was due to hear IRD’s application to liquidate SW (Pre 2023) Ltd, formerly Site Weld NZ Ltd, a Dunedin engineering firm employing more than 50 people across Dunedin, Central Otago and the West Coast. The company has traded since September 2012. It changed its name from Site Weld NZ Ltd to SW (Pre 2023) Ltd on 8 June 2026, weeks before the hearing. The amount owed has not been disclosed, and directors Stephanie Olsen and Adrian Geddes-Olsen did not respond to requests for comment.
This is not a one-off. Earlier in 2026, Dart Engineering (2006) Ltd went into liquidation owing IRD $1.16 million, made up of $685,077 in unpaid PAYE and…