The most affected sectors include electricity, gas, water and waste services, with an 89% increase, followed by education and training (87%), and mining (72%). The information, media and telecommunications sector was the only one to show improvement, with a 2% decrease in insolvency rates. Small businesses in the electricity, gas, water and waste services sector…
De Lago Resort placed into liquidation amid estimated $860K hole NT News Read the original article here
Rex flies to 56 destinations including many in regional Australia such as Port Macquarie, Coffs Harbour, Orange, Dubbo and Albury in NSW, Mount Gambier in South Australia, Burnie and Devonport in Tasmania, Cairns and Mt Isa in Qld and Mildura in Victoria. Read the original article here
31 Jul 2024 • 3 min read The latest insolvency statistics for June 2024 for company and individual insolvencies have been published on 19 July 2024 for England and Wales. This is the first publication of statistics released since the recent General Election and announcement in June 2024 of a continued fall in the rate…
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Australian bus manufacturer BusTech Group has entered into voluntary administration, with the future of the company left unknown. With operations in Queensland and South Australia, BusTech is one of the largest independent bus manufacturers in Australia, making diesel, hybrid and zero emission buses. It has more 270 employees across its two companies. Subscribe to our…
Corporate insolvencies have reached their highest level since ASIC began publishing the numbers just over twenty-five years ago. The national number of corporate insolvencies showed fresh strength in March, reaching 1.1K in the month, which is the highest level since ASIC began compiling the statistics in 1999. The same holds true for the seasonally adjusted…
Winding-up orders were made against five companies from the Sk:n Group of companies on Thursday 18 July 2024. The court appointed the Official Receiver, Joseph Sullivan, as liquidator of: Lasercare Clinics (Harrogate) Limited (company number 02545572) LCHMG Limited (company number 12325705) ABC Lasers Ltd. (company number 04795786) Cosmeceuticals Limited (company number 06114019) Cellite Clinic Limited…
Chronext, a European watch e-tailer that had flirted with the idea of going public, announced this week that it has filed for voluntary administration. Voluntary administration is akin to Chapter 11 bankruptcy reorganization in the United States. “We see the current measure as a significant opportunity to reposition Chronext,” said Frederike Knop, managing director of parent…
Herald Sun Essentials $16 charged every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. This subscription entitles you to access 30 locked articles on the Herald Sun website only within each subscription period, and does…