A fabrication company has collapsed into liquidation just months after shutting down its phone lines, letting staff go and ghosting tradies. On Tuesday, Sydney-based YME Metal Projects Pty Ltd, which subcontracted to building companies completing metalwork such as ballustrading and handrails, went into voluntary liquidation. The business worked on aContinue Reading
An embattled Australian gym chain under external administration has seen its debt snowball to more than $15 million. On Monday, news.com.au revealed that the parent companies behind UFC Gym Australia had collapsed into administration in late May following a damning court judgment. Late last month, on May 23, Ultimate FranchisingContinue Reading
As the world reels from the shock demise of Credit Suisse, attention is now turning to the bank’s surprising link with an Australian billionaire. In March 2021, Greensill Capital – a supply chain finance company founded in 2011 by Bundaberg-born watermelon farmer-turned rich lister Lex Greensill – spectacularly collapsed, makingContinue Reading
There is a debate raging online about whether it is appropriate for people in heterosexual relationships to use the word “partner” to describe their significant other. While most people probably don’t give a second thought about using the term “partner” when referencing a long-term romantic relationship, there are those thatContinue Reading