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Collapsed SA company owed staggering $70m

A South Australian manufacturer that launched over a decade ago could be one of the state’s biggest corporate insolvencies as it was revealed it collapsed owing a whopping $70 million to 530 creditors.Another casualty was the collapse of…

‘Catastrophic’: Company loses $70m

The Australian arm of a buy now, pay later provider haemorraghed $56 million in losses last year in a performance described as “catastrophic” with questions hanging over the viability of the business.The Swedish payments firm called Klarna…