Baxters Food Group has booked a £675,000 loss for the 2017 year to April after booking £9.5 million in exceptional items and £12 million in finance costs. The group said one-off costs were racked up launching a new customer own brand business in the US, restructuring its operations in Canada and Australia and cutting headcount…
The former sole director of a New South Wales-based motorhome converter business has been sentenced to 15 months home detention after a court found he took more than $165,000 in payments to build motorhomes that were never delivered. In a case brought by the NSW Office of Fair Trading, the former director admitted in Parramatta Local…
Bankrupt former billionaire Nathan Tinkler is embroiled in a family feud and has been charged with allegedly smashing a stained glass window at his sister’s house. The case was briefly mentioned in Port Macquarie Local Court on Wednesday, but Mr Tinkler did not appear. Former mining magnate Nathan Tinkler outside court on January 27. Photo: Daniel Munoz Police allege that…
Written by Kate McDonald on 24 January 2018. Dose Innovations, which distributes the Rowa automated dispensary and inventory management system from Becton Dickinson (BD) to Australian pharmacies, has called in the administrators. The Brisbane firm, which set up by pharmacist Robert Allen in 2012 and has installed over 100 robotic systems in community pharmacies around…
Illustation: Sameer Pawar In early January, news of Anil Agarwal-backed Vedanta Resources emerging as a bidder for debt-laden Electrosteel Steels sent the latters stock soaring. While Vedanta wasnt the only bidderEdelweiss Asset Reconstruction Company, Tata Steel and Abhishek Dalmia-promoted Renaissance Steel were also in the fraythe process marked the beginning of proceedings under the Insolvency…
CHARGED: Former billionaire Nathan Tinkler has been charged by police for allegedly destroying property. BANKRUPT former billionaire Nathan Tinkler is embroiled in a family feud that has seen him charged with allegedly smashing a stained glass window at his sisters house. The case was briefly mentioned in Port Macquarie Local Court on Wednesday, but Mr Tinkler did not appear. Police allege…