The head of a major Bundaberg farming group has been declared bankrupt two years after the collapse of several of his companies owing an estimated $80 million.
Guy Barbera, who headed the Barbera family farming empire for years, was made a bankrupt in the Federal Circuit Court in March following an application by several creditors including the liquidator of one of the failed companies.
The Barbera family have been farming zucchinis, capsicums and tomatoes in the region for almost 50 years and at one stage employed hundreds of workers across the state’s salad bowl.
The bankruptcy comes as liquidators of other failed companies in the Barbera group including Barbera Fresh and Barbera Farms prepare to launch a public examination in the Fe…
Read the full article at: https://www.qt.com.au/news/barbera-patriarch-declared-bankrupt-as-liquidators/4265765/