The number of companies that hit the wall in March jumped a staggering 64% compared to last year, with 1095 companies entering administratio…
The number of companies that hit the wall in March jumped a staggering 64% compared to last year, with 1095 companies entering administratio…
Iconic Sydney manchester and soft-furnishings chain Mansours has been placed in liquidation and 21 of its 29 stores have been shut immediate…
A senior official from the Australian Securities and Investments Commission says it could offer leniency over insolvent trading laws for dir…
Creditors of collapsed kitchen and laundry manufacturer Kleenmaid have been told that there is little prospect they will receive any return …
The Hunt Resort on Fitzroy Island near Cairns has been placed in receivership with debts of over $50 million. The resort, owned by pro…
Agribusiness company Timbercorp has been placed in voluntary administration with net debt of more than $900 million. The forestry and …
Credit ratings agency Dun & Bradstreet says it has downgraded the risk ratings of nearly 130,000 Australian companies in the past six months…
The number of personal bankruptcies has soared in the first three months of the year as consumers struggle with unemployment and high person…
A report from insolvency firm Restructuring Works has revealed why directors of struggling companies are so hesitant to put their companies …
Customers who bought Kleenmaid appliances through an online auction on the day the company collapsed will receive their goods. Last we…
The developers of the ambitious Cook Cove project near Sydney Airport have placed the development in voluntary administration with debts of …
The founders of collapsed kitchen and laundry appliance company Kleenmaid, Andrew and Brad Young, say they want to remain involved in the bu…
