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Insolvency News

Saturday May 25, 2019

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Queensland Wants Subbies to Dob in Fraudulent Builders
Business
Friday April 26 2019

Queensland Wants Subbies to Dob in Fraudulent Builders

The Queensland Government is seeking submissions on allegations of fraudulent behaviour which relates to non-payment of sub-contractors in the state’s building and construction industry.

New Laws to Impact on Parties’ Right to Terminate
Business
Friday December 15 2017

New Laws to Impact on Parties’ Right to Terminate

The construction industry will soon have tighter regulations placed on the ability of parties to enforce the right of termination based on insolvency events.

Subcontractors Want Action on $90 Million Loss
Business
Tuesday November 28 2017

Subcontractors Want Action on $90 Million Loss

Subcontractors have called for action amid growing evidence of questionable conduct over a corporate collapse which saw 1,600 small businesses lose $90 million and 140 workers...

Is This the End of Dodgy Directors?
Business
Wednesday November 22 2017

Is This the End of Dodgy Directors?

A little while back, we were running a claim for a consultant who had done work for some developers who had set up here. We did...

Four in Ten Construction Invoices Paid Late
Business
Tuesday November 7 2017

Four in Ten Construction Invoices Paid Late

Four in 10 invoices throughout the building and construction sector in Australia are paid late, a new survey suggests.

New Laws to Target ‘Phoenixing’ by Dodgy Company Directors
Business
Thursday September 14 2017

New Laws to Target ‘Phoenixing’ by Dodgy Company Directors

Directors of companies in Australia will be issued with unique identification numbers as part of measures the Federal Government says will help crack down on illegal...

What Subcontractors and Suppliers Need to Know About Head Contractor Insolvencies
Business
Thursday August 24 2017

What Subcontractors and Suppliers Need to Know About Head Contractor Insolvencies

When Ewan McArthur won a job worth more than $100,000 on a state government project for demolition and asbestos removal work as part of an upgrade...

Insolvency in the Australian Construction Industry
Business
Tuesday July 25 2017

Insolvency in the Australian Construction Industry

The construction industry is a large and dynamic field, accounting for 5.7 per cent of Australia’s GDP, according to the HIA Window into Housing. The industry,...

Builder Insolvencies and Holes in the Ground
Business
Thursday June 8 2017

Builder Insolvencies and Holes in the Ground

The Australian high-rise apartment boom is winding down and there are signs that some contractors are winding up.

Business
Mar 21 2019
Subbies to Lose $170 Million on Engineering Firm Collapse

Subcontractors and suppliers will not be paid any of the $170 million they are owed as a result of a major engineering firm collapse, the firm’s...

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Business
Mar 13 2019
WA Govt Axes Deal with Wave Power Company

The West Australian government has decided to stop subsidising a company that planned a wave power project in the state's south but ran out of cash.

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Commercial
10 Apr, 2018
Amazon, Airbnb Drive Retail Insolvencies

Competition from online giants such as Amazon and Airbnb is behind an increase in the number of Australian retailers going bust in recent years, according to...

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