Manufacturing and metal fabrication specialist Total Fabrication Services has gone into liquidation, casting doubt on the future of its 60+ employees.
As the company enters liquidation, owings total more than $1.5 million, with three months without superannuation payments totalling almost $100,000.
Despite assurances that employees are guaranteed some level of compensation under the federal Fair Entitlements Guarantee (FEG) programme, the Australian Manufacturing Workers Union said that the scale of the owings means it is unsure if the full level of compensation will be met.
AMWU assistant state secretary Cory Wright said that superannuation compensation was in particular doubt, as it was not covered by the FEG scheme an…
Read the full article at: https://www.industryupdate.com.au/article/metal-fabricator-faces-liquidation
