Updated August 25, 2026 — 2:25pm,first published 8:46am Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA Thousands of unfinished apartments have been left in limbo after the collapse of a major Australian developer, further derailing the NSW government’s ambitions for hundreds of thousands…
Highlights Pro-Pac Packaging (ASX:PPG) remains suspended from Quotation following the appointment of voluntary administrators in October 2025. The suspension relates to administration and financial reporting issues rather than unpaid listing fees. The company faces ASX deadlines linked to overdue reports and potential reinstatement requirements. Investors are monitoring restructuring outcomes, creditor recoveries…
Major New Zealand apple grower and exporter Kiwi Crunch Orchards Ltd may have traded while insolvent at times, according to its first liquidators’ report, as the company’s collapse leaves creditors facing a multimillion-dollar shortfall. According to a report by Stuff, Kiwi Crunch Orchards and several related companies entered voluntary administration in July before moving into…
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About 3000 hospitality businesses have closed their doors in the past 12 months, new data shows. Credit bureau Centrix has released its latest update. which shows that while business defaults are down, company closures and liquidations are elevated. In the hospitality sector alone, 422 companies, or 1.3 percent of the sector, entered liquidation in the…
KordaMentha has been brought in as administrators for Edge Early Learning, the latest casualty in an embattled childcare sector that has faced plenty of operational troubles and intense regulatory scrutiny. Edge’s 70 childcare, kindergarten and preschool centres across Queensland, South Australia and ACT remain operational for now. Decisions on the future will be taken after…
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Pizza business won award despite company liquidation, $1.39m debt The Border Mail Read the original article here
Sacco members look set to lose at least Sh11.6 billion after Kenya Union of Savings and Credit Co-operatives (Kuscco) was put into voluntary liquidation, dimming the legal push for co-operatives to fully recover investments in the umbrella body. Kuscco members on Friday voted to wind up the central body after failed attempts to revive it…
With an annual growth rate of 4.9%, lending to the business sector is at its highest point since the Reserve Bank began recording it in 1998. BusinessNZ chief economist John Pask said rising business debt was an indicator of an economy coming out of a long period of reasonably static growth. “While lending levels are…