Your Search Returned 10 tagged news reports
Cubbie Station sits on the upper reaches of the mighty Murray-Darling river system, and its water storage capacity is equal to that of Sydney Harbour. The move into administration means the massive cotton farm in southern Queensland could be snapped up...
Tags: Cubbie Group, Cubbie Station, Queensland, Keith De Lacy, cotton farm, voluntary administrator
Australian banks and more than 18,000 private investors are expected to be affected by the demise of debt-ridden agribusiness group Timbercorp, which has gone into voluntary administration. The administrators Mark Korda and Leanne Chesser of KordaMentha...
Tags: Agribusiness Timbercorp, KordaMentha, voluntary administrator
The Queensland financial planning company said a key financier, the Commonwealth Bank, gave it one day to pay back tens of millions of dollars, leaving it with little choice but to appoint administrators. But the Commonwealth Bank said it issued notices...
Tags: storm financier, Storm Financial Group, commonwealth banks, Commonwealth Bank, Bank of Queensland, Macquarie, Bendigo Bank, voluntary administrator, margin loans
Greens Senator Sarah Hanson-Young says community and not-for-profit childcare centres have been swamped by ABC Learning Centres staff and clients because they are worried about the future of the company beyond this year...We should be getting Government...
Tags: ABC Learning Centres Ltd, CFK Childcare Centres, voluntary administrator, community banks, Australian Greens, failed asset, NSW, asset sell
The administrator of ABC Learning is due to address creditors of the fallen childcare giant for the first time. Insolvency firm Ferrier Hodgson will stage the meeting in Brisbane on Tuesday morning to update creditors on the company's situation.
Tags: ABC Learning, ABC Group, Funtastic, toy supplier, learning centres, voluntary administrator, million exposure
The Melbourne-based brokerage said it was "undertaking a detailed review of its exposure to ABC and will meet with the receivers to establish the potential effect the appointments may have". Austock noted the receivers of ABC were quoted on Thursday saying...
Tags: ABC Learning Centres, Allco Finance Group, Australian Financial Review, Commonwealth Bank of Australia, voluntary administrator, Funtastic, child care
McGrath-Nicol has been appointed receivers and Ferrier Hodgson has been appointed as the voluntary administrator. Today’s ABC Learning statement to the stock exchange confirmed a news report yesterday by The Australian’s John Durie , which named both...
Tags: ABC Learning, ABC Child Care, learning centre, ANZ, care centre, voluntary administrator, Westpac, appointed receiver, Ms Gillard, remain open
AEP said on Wednesday its "assets and funds are completely separate from AFG and are not in any way affected by the appointment of an administrator and a received and manager to AFG". AEP said it had served notice on AFG on Wednesday terminating its management...
Tags: Allco Finance Group, voluntary administrator, Westpac, AFG, allco calls, careful review, Joseph Hayes of McGrathMcNicol
OPI Pacific Finance is likely to be placed in receivership, its trustee said, after receivers were called in at the stricken firm's Queensland-based parent Octaviar yesterday. Octaviar, the ultimate owner of OPI Pacific Finance and until recently of investment...
Tags: OPI Pacific Finance, voluntary administrator, MFS, Gold Coast
THE management of Octaviar has expressed hope the distressed Gold Coast property and tourism group can be resurrected and even one day resume trading on the stock exchange, after putting the company into voluntary administration over the weekend. Eight...
Tags: Octaviar Investment Bonds Ltd, Octaviar Financial Services, Octaviar Investment Notes Ltd, voluntary administrator, Nicholas Harwood, Deloittes