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Builders and cafes hit as insolvencies spike 36 per cent

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
Premium Content
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. ....

Perifereia Thessalias , Perifereia Voreiou Aigaiou , Hall Chadwick , Geoff Parmenter , Kathleen Vouris , Jarvis Archer , Brendan Nixon , Richard Albarran , Marcus Watters , Cj Charlie Pty , Cuzina Redcliffe , S Security Pty Ltd , Hd Landscapes Pty Ltd , Enterprise Pty Ltd , Planbuild Homes Pty Ltd , Kamz Delivery Pty Ltd , Food Brisbane Pty Ltd , Everything Foam Pty Ltd , Emergency Risk Management Qld Pty Ltd , Australian Taxation Office , Hemmant Concrete Pty Ltd , Eco Cladding Pty Ltd , Formway Asset Holdings Pty Ltd , Valueroad Aus Pty Ltd , Construction Commission , Bateman Property Group ,

Builders and cafes hit as insolvencies spike 36 per cent

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.

Perifereia Thessalias , Perifereia Voreiou Aigaiou , Hall Chadwick , Geoff Parmenter , Kathleen Vouris , Jarvis Archer , Brendan Nixon , Richard Albarran , Marcus Watters , Cj Charlie Pty , Cuzina Redcliffe , S Security Pty Ltd , Hd Landscapes Pty Ltd , Enterprise Pty Ltd , Planbuild Homes Pty Ltd , Kamz Delivery Pty Ltd , Food Brisbane Pty Ltd , Everything Foam Pty Ltd , Emergency Risk Management Qld Pty Ltd , Australian Taxation Office , Hemmant Concrete Pty Ltd , Eco Cladding Pty Ltd , Formway Asset Holdings Pty Ltd , Valueroad Aus Pty Ltd , Construction Commission , Bateman Property Group ,

More businesses collapse in March

More businesses collapse in March
gattonstar.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gattonstar.com.au Daily Mail and Mail on Sunday newspapers.

United States , Jarvis Archer , Kerry Caruana , Lee Crosthwaite , Patrick Coghlan , Nikhil Khatri , Nanport Pty Ltd , King Marketing Systems Pty Ltd , Bayside Gate Frames Pty Ltd , Deekay Pty Ltd , Group Pty Ltd , Ascend Media Pty Ltd , Plastics Group , Landmann Australia Pty Ltd , Broadlea Pty Ltd , Blue Ribbon Specialised Services , Darlex Holdings Pty Ltd , Prentice Enterprises , Buderim Pty Ltd , Michelle Skin Body Solutions Townsville , Tepee Manufacturing Co , Cape Three Points Pty Ltd , Civil Demolition Pty Ltd , Blue Fin Boats Pty Ltd , J Wdm Courtney Pty Ltd , Memtech Holdings Pty Ltd ,

More businesses collapse in March

More businesses collapse in March
ballinaadvocate.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ballinaadvocate.com.au Daily Mail and Mail on Sunday newspapers.

United States , Jarvis Archer , Kerry Caruana , Lee Crosthwaite , Patrick Coghlan , Nikhil Khatri , Nanport Pty Ltd , King Marketing Systems Pty Ltd , Bayside Gate Frames Pty Ltd , Deekay Pty Ltd , Group Pty Ltd , Ascend Media Pty Ltd , Plastics Group , Landmann Australia Pty Ltd , Broadlea Pty Ltd , Blue Ribbon Specialised Services , Darlex Holdings Pty Ltd , Prentice Enterprises , Buderim Pty Ltd , Michelle Skin Body Solutions Townsville , Tepee Manufacturing Co , Cape Three Points Pty Ltd , Civil Demolition Pty Ltd , Blue Fin Boats Pty Ltd , J Wdm Courtney Pty Ltd , Memtech Holdings Pty Ltd ,

More businesses collapse in March

More businesses collapse in March
The latest lockdown could push some firms over the edge as dwindling cashflow exacerbated their already weak financial position.
Business
by Glen Norris
Premium Content
Subscriber only
The latest Brisbane lockdown could push more firms over the edge as dwindling cashflows, particularly in the hospitality sector, exacerbated their already weak financial position.
A total of 44 Queensland firms entered either liquidation or administration in March, a 22 per cent increase on the 36 insolvencies in February, amid the end of JobKeeper subsidies and debt moratoriums.
A total of 40 companies went into liquidation over the past month and administrators were appointed to four companies. ....

United States , Jarvis Archer , Kerry Caruana , Lee Crosthwaite , Patrick Coghlan , Nikhil Khatri , Nanport Pty Ltd , King Marketing Systems Pty Ltd , Bayside Gate Frames Pty Ltd , Deekay Pty Ltd , Group Pty Ltd , Ascend Media Pty Ltd , Plastics Group , Landmann Australia Pty Ltd , Broadlea Pty Ltd , Blue Ribbon Specialised Services , Darlex Holdings Pty Ltd , Prentice Enterprises , Buderim Pty Ltd , Michelle Skin Body Solutions Townsville , Tepee Manufacturing Co , Cape Three Points Pty Ltd , Civil Demolition Pty Ltd , Blue Fin Boats Pty Ltd , J Wdm Courtney Pty Ltd , Memtech Holdings Pty Ltd ,