Page 27 - Patrick Coghlan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Construction firm goes under owing $3m A civil construction company has gone under owing creditors $3.1m, with CreditorWatch expecting the number of external administrations to rise. Business by Glen Norris Premium Content Subscriber only A Brisbane civil construction company has gone under owing creditors $3.1m after COVID-19 delayed projects and it lost its JobKeeper eligibility. Liquidators were appointed to Geebung-based GW Civil Contracting earlier this month after competitive pressure from larger companies squeezed margins and projects became l...

Australia is bracing for the end of JobKeeper and JobSeeker as business insolvencies begin to rise by more than 60%. With JobKeeper to end in three weeks and business debts up to $1 million needing to be sorted by the end of the month, CreditorWatch has warned Australia is in for an economic whack.

News by Frank Chung 5th Mar 2021 3:04 PM Up to a quarter of a million Aussies could lose their jobs in a wave of business collapses as JobKeeper ends this month, experts have warned. The Federal Government will finally pull the plug on its $90 billion wage subsidy scheme on March 28, as the Australian economy begins to stand on its own two feet after the devastation caused by COVID-19 lockdowns. But a leading labour market economist warns that the withdrawal of the wage subsidy will wipe out thousands of businesses that until n...

Up to 250,000 more unemployed when JobKeeper ends within weeks We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Up to 250,000 workers could lose their jobs when the JobKeeper wage subsidy ends this month as insolvency data reveals just three companies have used the federal government’s new rules to help struggling employers restructure to avoid shutting down. The end of the $90 billion JobKeeper program on March 28 is expected to result in thousands of businesses failing, pushing 125,000 to 250,000 people out of work, Unive...

03/03/2021 If you’re into art or history, or just like being outdoors, a trip to the Three Rivers Petroglyph Site, in Southern New Mexico about halfway between Tularosa and Carrizozo, is a must. Just east of U.S. Highway 54, there’s a basaltic escarpment and, on nearly every available surface along the ridgeline, the Jornada Mogollon people, sometime between 900 and 1400 CE, chipped the desert varnish to create petroglyphs. The History The people lived along three creeks that give the place its name. Three Rivers sounds more majestic than three creeks, I suppose, but water was once more ...