The future hangs in the balance for 550 Queensland Nickel employees, due to have their contracts terminated at 5pm this afternoon.
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Betta Foods becomes second Australian confectioner to collapse in two weeks
Confectionery business Betta Foods is in voluntary administration, only three months after it was acquired by Re:Capital.
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Creditors hear Penrice debt might be as high as $200 m
Adelaide soda and lime company Penrice Soda might owe as much as $200 million, an initial creditors’ meeting yesterday heard.
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Rescue team looks to resurrect Gladstone steel project
A local group of engineers are reportedly interested in a plan to save the troubled $4 billion Boulder Steel project near Mount Larson in Queensland.
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Kitchen manufacturer enters administration; 200 jobs at stake
Kitchen manufacturer Australian Kitchen Industries (AKI) has entered into voluntary administration, announced administrator HLB Man Judd.
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Style Limited enters administration as building products market struggles
Style Limited, a publicly-listed 'green' building products manufacturer, has been placed in voluntary administration following a decline in the housing construction market.
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