One of WA’s biggest and best-known residential building companies has collapsed, with Collier Homes collapsing into liquidation after more than 60 years in business. The Australian Securities and Investments Commission revealed on Tuesday that the company would be wound up, and that it had appointed Robert Brauer and Linda Smith from McGrathNicol as liquidators. Read…
Railcoop had been planning on relaunching services between Lyon and Bordeaux. Credit: trabantos/Shutterstock.com French open-access rail co-operative Railcoop has confirmed reports that it is likely to enter liquidation after a restructuring… Read the original article here
Companies liquidate after ‘shambolic’ roof installation Gold Coast Bulletin Read the original article here
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Modco co-founder’s entity in liquidation Business News Read the original article here
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Looking into the crystal ball at the start of the year to forecast future trends isn’t possible, but one common theme that we expect will continue to impact upon both directors and officers and insolvency practitioners (IP) is the increasing rise of corporate insolvencies. The Insolvency Service recently published its monthly report for insolvencies…
The claim The Coalition has accused the government of laying waste to the manufacturing industry, citing an increase in the number of company insolvencies on Labor’s watch. In a January 16 opinion piece published in The Australian, Deputy Opposition Leader Sussan Ley blamed Prime Minister Anthony Albanese’s “lack of an economic plan, failed industrial policies and distracted…
ASIC’s annual insolvency data shows more than 11,000 companies entered external administration for the first time in 2023-24. While this is slightly higher than prior peaks seen in 2011-12 and 2012-13, it is proportionately smaller as there are now nearly 3.4 million companies in Australia compared to around two million in 2012. The current ratio…