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insolvent News

Saturday September 22, 2018

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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.

Labor Takes Aim at Phoenix Company Operators
Business
Friday May 26 2017

Labor Takes Aim at Phoenix Company Operators

Directors of companies in Australia will need to obtain unique identification number and would be required to provide identification under a new plan put forward by...

Queensland Subcontractors is the latest Builder Collapse
Business
Tuesday May 16 2017

Queensland Subcontractors is the latest Builder Collapse

Subcontractors throughout Queensland could lose up to half a million following amid the latest building company collapse, the state’s housing and public works minister says.

Perth Builder Traded While Insolvent
Residential
Thursday April 6 2017

Perth Builder Traded While Insolvent

Perth home builder Builton Group was trading while insolvent for several months last year before administrators were called in, but was given a clean bill of...

Construction to Resume on Watersun Projects
Residential
Tuesday March 28 2017

Construction to Resume on Watersun Projects

Builders have been secured for more than 200 properties left in the lurch when Melbourne-based Watersun Homes went bust.

Administrator Called in for Watersun Homes, 80 Jobs Lost
Residential
Wednesday March 1 2017

Administrator Called in for Watersun Homes, 80 Jobs Lost

Watersun Homes, a construction company that formerly sponsored an AFL team, has called in administrators to sell its projects and told 90 full-time workers their jobs...

Bob Day’s Companies Owe Suppliers Over $12million
Business
Wednesday October 19 2016

Bob Day’s Companies Owe Suppliers Over $12million

Failed building boss and departing Senator Bob Day has gone to ground as the fallout continues over the liquidation of his building group which has left...

No Action on Construction Sector Insolvencies
Business
Tuesday June 21 2016

No Action on Construction Sector Insolvencies

Even as hundreds of companies go bust every month, no action appears to be likely with regard to insolvency within Australia's construction sector in the short...

Business
Aug 21 2018
York Civil to Stop Trading Immediately

A South Australian construction company involved in major infrastructure projects around Australia will stop trading immediately.

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Business
Jan 19 2018
U.K. Construction Giant in Liquidation, Putting 6,000 Canadian Jobs at Risk

One of the British state's biggest contractors collapsed Monday, putting thousands of jobs at risk, after creditors and the government refused to bail out a company...

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