Builders and cafes hit as insolvencies spike 36 per cent A high-profile building company was among the 60 Queensland firms collapsing last month as the end of subsidies put increased pressure on finances.
Business by Glen Norris
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Subscriber only High-profile building company PlanBuild and a famous North Queensland restaurant were among the Queensland firms that collapsed last month as the end of subsidies such as JobKeeper put increased pressure on finances. The number of Queensland companies that had liquidators or administrators appointed during April increased 36 per cent to 60 from 44 in March. SM Solvency Accountants partner Brendan Nixon said he was surprised business failures had not increased more to date due to the impact of COVID-19. Insolvency experts warned last year of a tsunami of company collapses due to the pandemic.
Builders and cafes hit as insolvencies spike 36 per cent qt.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from qt.com.au Daily Mail and Mail on Sunday newspapers.
Builder collapses leaving home owners âdevasatedâ Liquidators have been appointed to troubled builder PlanBuild leaving devastated homeowners including one who has been âleft with a pile of rocks.â
Business by Glen Norris
Premium Content Liquidators have been appointed to award-winning Brisbane builder PlanBuild leaving devastated homeowners across the city. Richard Albarran, Kathleen Vouris and Marcus Watters of Hall Chadwick have taken control of the Kedron-based company that has been the subject of complaints to the Queensland Building and Construction Commission (QBCC) about unfinished projects. Customers fear the company s collapse may now impact on grants received under the HomeBuilder scheme. The company was founded in 2003 to provide Queensland homebuyers with affordable new houses that represent outstanding value-for-money. In 2015, the company won a national award for its projects homes.
Builder collapses leaving home owners âdevasatedâ Liquidators have been appointed to troubled builder PlanBuild leaving devastated homeowners including one who has been âleft with a pile of rocks.â
Business by Glen Norris
Premium Content Liquidators have been appointed to award-winning Brisbane builder PlanBuild leaving devastated homeowners across the city. Richard Albarran, Kathleen Vouris and Marcus Watters of Hall Chadwick have taken control of the Kedron-based company that has been the subject of complaints to the Queensland Building and Construction Commission (QBCC) about unfinished projects. Customers fear the company s collapse may now impact on grants received under the HomeBuilder scheme. The company was founded in 2003 to provide Queensland homebuyers with affordable new houses that represent outstanding value-for-money. In 2015, the company won a national award for its projects homes.
Builder collapses leaving home owners devasated gladstoneobserver.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gladstoneobserver.com.au Daily Mail and Mail on Sunday newspapers.