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Company collapse

Staff ‘screwed’ in $45m company collapse

A string of companies involved in the building industry have collapsed into liquidation with cumulative debts of more than $45 million. A news.com.au investigation has found that 11 companies that appear to be linked to a cabinet…

Building company collapses after court order

A residential building company has collapsed into liquidation just a few months after landing in court over nearly $1 million in unpaid debts.News.com.au can reveal that the Victorian Supreme Court ordered Melbourne-based Como Homes Pty Ltd…

Customer spent $1700, only gets ‘half a bed’

A Queensland family is outraged to discover they will only receive two thirds of a bed they paid for, and they will have to fork out an additional $263 on top of the original $1600 payment. Nadia, who preferred not to use her last name, is…

‘Nobody cares’: Customers left with nothing

Customers of a collapsed furniture retailer are livid after being left thousands of dollars out of pocket having paid for products they may never receive. Popular Australian furniture and home decor retailer Brosa put itself into voluntary…

Locals gutted by beer company’s collapse

Australians have reacted with shock and confusion to the news that a beloved beer brewing company has collapsed into administration. On Tuesday, Brisbane’s popular Ballistic Beer Company went into voluntary administration, according to a…

Lifeline for collapsed builder owed $350m

A collapsed building company that was owed $350 million has partially been saved after another firm bought parts of it. Earlier this month, major Western Australian building and engineering company Clough Group went into voluntary…

Aussie company collapses owing $2m

A major South Australian construction company has collapsed, owing almost $2 million to creditors.It has been revealed that the company, called All State Construction Solutions, was forced to close its doors last month, despite working on…

‘Gobsmacked’: Fury after $5 million collapse

A tradie who went through the “grim” experience of losing close to $35,000 when a Melbourne building company collapsed owing a staggering $5.5 million, was “absolutely gobsmacked” to uncover the firm has used its old Instagram account to…