Warning: This article discusses suicide and could be upsetting to some readers. The family of an Auckland businessman who took his own life during the liquidation of his company have spoken out about the tragedy. Lloyd Green was found dead in December 2016. Green had mental health issues that he hid from his family and…
QUEENSLAND companies are collapsing by the dozen as the nation’s businesses head towards an economic cliff when COVID-19 support ends. In the final month of the financial year, 63 Queensland companies collapsed into liquidation or administration. The numbers remain below the average monthly collapses, which hovered around 100 per month prior to COVID-19. Liquidator Brendan…
The remaining assets of former dairy co-operative, Murray Goulburn, have been placed into voluntary liquidation. Most of the assets of the once dominating dairy processor were sold to Saputo in 2018, but a shell company remained to finance litigation and pay for the costs of winding up the company. The company had its roots in…
A little over a year ago, 30-year-old Clare Seal was 27,000 in debt, and in denial. Ten years of living month to month, two pregnancies and a Pinterest-perfect wedding had caused her to lose her grip on her familys finances and avoiding the issue was easier than asking for help. Calls from the bank were…
IN 16 years of business in Central Queensland Geoff Gumley estimates he has lost between $250,000 to $400,000 in bad debt from other companies who owe him money who are now in liquidation. The owner of CQ Fasteners, which has stores in Rockhampton and Yeppoon, said while it is very frustrating, it has just become…
When contacted, an Uber spokesperson said, ‘Uber continues to provide a high level of service to all its riders in Mumbai’ TopicsUber|Uber bike taxi|Lockdown Ride hailing platform Uber has shut down its Mumbai office as part of its restructuring efforts, but it will continue to provide services in the city, according to sources. The company’s…