Queensland Nickel liquidation could see taxpayers fund payouts, Employment Minister says – ABC Online

Prime Minister Malcolm Turnbull has urged Clive Palmer to “put his money up” to help workers sacked from the Queensland Nickel refinery, saying it is the least the magnate could do. Key points: Taxpayer-funded scheme would be a last resort Outstanding entitlements are about $73 million Clive Palmer “morally obliged” to pay workers’ entitlements,…

Shilton & Brown Demolition falters, owing more than $4.5 million – Stuff.co.nz

JOSEPH JOHNSON CJ Solutions Ltd (trading as Shilton & Brown Demolition) director and company shareholder Jim Shilton is devastated after his company was placed into liquidation. A Christchurch demolition company with big ticket contracts across New Zealand has gone bust owing more than $4.5 million. CJ Solutions Ltd, trading as Shilton & Brown Demolition, was placed into…

Queensland Nickel: What next if Clive Palmer’s company goes into liquidation? – ABC Online

Now that its administrators have recommended liquidation, what happens next for Queensland Nickel, its workers and other creditors? ABC News Online answers the basic questions about what happens as a firm moves from administration into liquidation. What is the difference between administration, receivership and liquidation? If you imagine a troubled business being like…