Christopher Hill, Joseph Hansell and Ross Blakeley of FTI Consulting have been appointed as the administrators.
During the administration process, Autocare Services said it intends to continue operating and servicing its many customers across Australia.
LINX Cargo Care Group s Chief Executive Officer, Anthony Jones, said Autocare Services continues to be significantly impacted by the vehicle logistics market decline.
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During the administration process, Autocare Services said it intends to continue operating and servicing its many customers across Australia.(Supplied) Autocare Services has been working closely with its customers, and the wider supply chain, to evolve the business in alignment with the changing market conditions however, the material movement and volatility has been heightened by the ongoing COVID-19 pandemic, said Jones.
State s biggest business bust-ups of 2020 It was a year that tested businesses to the limit and as expected 2020 had its fair share of heavy-hitting Queensland business bust ups and defections.
Business by Emmaline Stigwood
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Subscriber only In a year that tested businesses like no other, 2020 saw plenty of executives switching allegiances, long-term business buddies breaking up and some major legal disputes hit the headlines.
SURF S OUT One of the biggest lawsuits of the year came when Billabong founder Gordon Merchant sued top tier tax firm EY for $58m. Mr Merchant, the Gold Coast surf lover who founded Billabong in 1973, filed a Supreme Court action outlining how following tax advice for a company sale in 2015 had allegedly ended with him being pursued by the tax office, penalised about $13m and banned from running his self managed super fund.
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Ever wanted an ice-cream other than Peters Drumstick , Maxibon , Connoisseur , Frosty Fruits or Billabong , at your local Woolworths Petrol, BP, Coles
Express, United and Caltex service stations, and wondered why you
can t find an alternative? Well a recent investigation by the
ACCC may shed some light on why
consumer options may have been limited and why may consumers have
more options in the future.
Proceedings initiated by the ACCC on 19 November 2020 allege
that Australasian Food Group Pty Ltd has contravened section 47 of
the
Competition and Consumer Act 2010 (Cth) (CCA). It is