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…

Debts keep mounting for failed beef operation

The multimillion-dollar debts keep mounting for companies associated with a failed Southland Wagyu beef operation, which promoted its cattle as receiving massages and having music played “to keep them soothed and calm”. According to its website, Black Origin Wagyu combined the origin of Japanese breeding genetics and 200-year-old techniques with New Zealand’s grass, grain, water…