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Iconic NQ business owed more than $1m

Mr Boundy was listed as Decretum s sole director and one of two shareholders.
Peter Boundy at Trinity Inlet.
Mr Goggin filed the report to creditors which outlined an outstanding loan debt of more than $1.3m, a total list of liabilities amounting to $2.2m and overdrawn bank account balance of more than $169,000.
The company s total assets came close to $1m.
At the time of closing, Cairns Dive Centre manager Melynda Franstedt said the COVID-19 pandemic had taken its toll on the prominent dive business.
We have survived natural disaster (and) company changes, but this pandemic has taken its toll on all of us, Ms Franstedt said. ....

Melynda Franstedt , John Goggin , Peter Boundy , Decretum Pty Ltd , Cairns Dive Centre , Iconic Cairns , Great Barrier Reef , ஜான் கொக்கின் , பீட்டர் எல்லைக்குட்பட்டது , கெய்ர்ன்ஸ் டைவ் மையம் , சின்னமான கெய்ர்ன்ஸ் , நன்று தடை ரீஃப் ,

Month of misery as restaurants and retailers fail

Month of misery as restaurants and retailers fail
High profile restaurants and retailers were among the 50 company failures over the past month but experts warn more corporate collapses are on the horizon.
Business
by Glen Norris, Emmaline Stigwood
8th Jan 2021 12:39 PM
Premium Content
Subscriber only
A steep increase in corporate failures is expected in the coming weeks as debt holidays introduced during COVID-19 come to an end.
In December there were 46 company liquidations and five administrations across Queensland with high profile closures including national lingerie retailer Big Girls Don t Cry (Anymore), Noosa eatery Madmegs & Co and a key player in the job training sector Job Coaching Australia. ....

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