Fallout continues from NZ Wagyu liquidation

Reading Time: 2 minutes Two companies linked to NZ Wagyu, which was placed in liquidation last July, were last month also placed in liquidation, owing unsecured creditors a combined $5.8 million. Origin Corporation and Blue Sky Meats (Gore) have common shareholding with Christchurch-based NZ Wagyu, which collapsed last July leaving 142 creditors $7.7m out of…

Fallout continues from NZ Wagyu liquidation

Reading Time: 2 minutes Two companies linked to NZ Wagyu, which was placed in liquidation last July, were last month also placed in liquidation, owing unsecured creditors a combined $5.8 million. Origin Corporation and Blue Sky Meats (Gore) have common shareholding with Christchurch-based NZ Wagyu, which collapsed last July leaving 142 creditors $7.7m out of…

Redflow was the great hope of Australian manufacturing. Its collapse left customers with broken batteries

Shortly before its abrupt collapse in August,Queensland battery manufacturer Redflow Energy appeared to be riding high. The 19-year-old company was capitalising on global demand for large-scale battery systems, with multi-million-dollar contracts in California and a growing list of prominent customers at home, including the Bureau of Metereology, Optus and Queensland government-owned energy provider Stanwell. The…

Company liquidations rise in Hampshire and the South East

R3’s analysis of Creditsafe data showed a minor drop from 211 in November to 203 in December. This figure, which includes administrator and liquidator appointments and creditors’ meetings, is significantly lower than October’s 293, the highest since March 2022. The South East’s insolvency-related activities are the sixth highest in the UK, behind Greater London, the…

3 signs you need debt relief for 2025

2025 could be a smart time to start erasing your accumulated debt. Getty Images Optimism surrounding a declining inflation rate has waned in recent months as Americans saw inflation rise in October, November and December. That increase partially came during the Federal Reserve’s latest interest-rate-cutting campaign, which now seems halted until additional progress is made…