Canadian Arm of U.K. Carillion Files for Creditor Protection
Carillion Canada has been granted protection from creditors by the Ontario Superior Court under the Companies' Creditors Arrangement Act.
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.
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...
Pre-fab Firm ABT Put into Liquidation
Promising firm ABT Construction has been put into liquidation by transport firm Multi-Trans over unpaid bills amid reports of frictions within its management team.
More Bad News For Bob Day’s Creditors
Every creditor of former senator Bob Day's home building group except National Australia Bank is likely to come away with nothing, liquidators say.
Mainzeal Liquidators Reject $16.7m in Claims
The liquidators of the Mainzeal group of companies that started collapsing on Waitangi Day in 2013 have rejected $16.7 million of claims, or about 11 per...
Rethink Your Construction Heroes and Role Models
A glaring example of this nation’s twisted psyche was put on display recently with the passing of Alan Bond.
Another Perth Builder Goes Bust
Another building firm in Perth has gone into insolvency as job losses in the construction sector in that state continue to mount.
Liquidators Access Debts for Victoria St West
Liquidators of property developer Tony Gapes's investment vehicle Victoria Street West are yet to finalise how much is owed, but say $1.4 million is potentially available...
Palmer Must Repay Creditors: Liquidators
Clive Palmer says his companies will draw on their cash reserves to reopen his collapsed Townsville nickel refinery but liquidators want him to repay money owed...
Another WA Builder Calls Trading Halt
Another West Australian building company has suspended trading and operations due to financial viability problems a fortnight after one of the state's biggest builders, Cooper &...
Fairfax Holdings to Acquire Major Parts of Carillion Canada
Toronto-based Fairfax Financial Holdings Limited and Carillion Canada Holdings Incorporated announced Feb. 5 they have entered into an agreement for Fairfax to acquire the services division...
WA Builder Locks Out Workers, Shuts Sites
One of Western Australia's largest builders, Cooper and Oxley, has suspended operations because of financial viability problems, leaving subcontractors out of pocket and the company's future...
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...