The senator leading the inquiry into Australia’s corporate regulator has savaged the watchdog in a blistering speech to parliament. In October last year, the senate voted in favour of holding an inquiry into the Australian Securities and Investments Commission (ASIC) over concerns it was “failing to meet its obligations asContinue Reading
A plumber has revealed the drastic actions he and his colleagues had to take to get paid as their employer teetered on the brink of collapse. At the end of last month, news.com.au exclusively revealed that Victoria’s largest privately-owned plumbing contractor Richstone Group Pty Ltd had collapsed into liquidation. AllContinue Reading
Sacked staff from a collapsed limo company have been left wondering what went wrong as many of its clients were multi-millionaires and billionaires with no shortage of cash. On Tuesday, news.com.au reported that Brunel Chauffeur Drive and Limousines Pty Ltd and three other related entities had gone into liquidation, withContinue Reading
Tony Fontes, a Californian dive enthusiast, visited Queensland to dive the Great Barrier Reef in 1979 and never left. Now a multi-decade tour operator based in Airlie Beach, Mr Fontes shares international fears that after six mass coral bleaching events between 1998 and 2022, his generation will be the lastContinue Reading
A handful of employees at a major limo service have been left reeling by the company’s collapse, which has left them $4.14 million out of pocket. News.com.au can reveal that on July 13, Brunel Chauffeur Drive and Limousines Pty Ltd went into liquidation. Michael Hogan and Christian Sprowles of insolvencyContinue Reading
An ABC journalist caught on tape sledging colleagues and discussing whether or not Sky News host Sharri Markson was “unhinged” and “a pitbull” joins an international roll call of hot mic blunders featuring the late Shane Warne and US presidents. But there’s one word that’s proving hard to say afterContinue Reading
The owner of failed boutique builder Modco Residential tried to sell off her designer goods online just a few months before her company collapsed. Perth entrepreneur Cynthia Lu took to Facebook Marketplace in April in an attempt to sell a number of her luxurious goods, three months before her businessContinue Reading
Delia’s extravagant and luxurious lifestyle, which he proudly showcased on social media, including red-carpet events and business class trips to lavish Dubai resorts, has only fuelled the public’s anger. The downfall of Providoor, initially established by Delia as a lifeline to the struggling hospitality industry during the Covid lockdowns, shockedContinue Reading
Images of a massive secret stockpile of soft plastics collected for recycling have been revealed in northwest Sydney, exposing the grim extent of the failed REDcycle scheme. Footage from Nine News shows hundreds of bales of bundled soft plastics stacked at a facility in Marsden Park – one of 15Continue Reading
More than 1500 people have lost their jobs and there are warnings of a worsening “supply chain crisis” after a refrigerated logistics operator collapsed. A war of words has erupted after Scotts Refrigerated Logistics was put into liquidation with receivers unable to find a buyer for the major company. TheContinue Reading