We take a look at the books as Wiluna Mining’s long and treacherous journey back to the bourse hits the make or break moment. Plus: Compliance cops put Weststar Industrial in their sights.
The builder of six Hamilton Hill homes demolished this week had been given a clean bill of health by DevelopmentWA despite public red flags about its finances.
Matt Mckenzie
WA families struggling to find homes have suffered a cruel blow with DevelopmentWA bulldozing six houses half-built by collapsed construction company Inspired Property Group.
There’s a modular mess awaiting liquidators after Perth construction hopeful NXT Builds hit the wall with homes unfinished. Plus: Bitcoin bull stampedes the exit.
Nearly 100 jobs have been axed by Wiluna Mining as the gold play’s hopes for an initial public offering of up to $200 million within weeks take a hit.
It’s the beginning of a beautiful friendship for Andrew Forrest’s Fortescue in Morocco. Plus: Ben Wyatt’s GST slam dunk; and a new chapter in WA luxury builder’s insolvency intrigue.
The companies behind The Royal Hotel, Ciao Dandy and Busselton Pavilion have gone into voluntary administration amid a ‘restructuring’ process, but will continue trading.
Adrian Rauso
The joint venture behind the luxurious but trouble-plagued in Shenton Park goes into administration
Kim Macdonald
West Australians have had their last spoonful of an award-winning, local favourite yoghurt after the food processor went into liquidation.
Melissa Pedelty
Stax customers who lost money on unfulfilled orders could get relief after the collapsed activewear brand was bought out of receivership.
Cameron Micallef
The man behind a WA smoking empire and one-time investor in a Northbridge nightclub has been hit with a $1.2 million tax bill.
The last remaining Rosendorff store has been temporarily shuttered by the leasing agents due to a dispute between the under-fire jewellery store owner and the landlord.
Rebecca Le May
Directors of troubled oil business Triangle Energy Global were “contingency planning” with insolvency experts three weeks before a huge decommissioning bill sent the company underwater.
The miner’s creditors include the WA Government, which is owed $1.5 million in unpaid royalties, commodities trading giant Trafigura and the Kimberley Ports Authority.
Sean Smith
ANZ is trying to flog two Crawley homes linked to jailed WA drug kingpin Nabil Bazzi as it pursues debts of more than $4 million.
ASX-listed Triangle Energy Global has collapsed into administration, sparking heightened concerns about the huge clean up bill for a Mid West oil project.
WA has emerged as one of the few bright spots in a national retail sector grappling with a prolonged period of challenging conditions that have already led to the demise of a string of well-loved brands.
Cheyanne Enciso
New filings with the corporate watchdog show the huge amount of money a collapsed Australian brand owed to staff, suppliers and even the taxman.
The former company behind iconic Perth jewellery brand Rosendorff has been placed in liquidation, while its director is being chased for an allegedly unpaid tax bill.
A tiny company that pocketed Government cash as it spruiked plans to move into carbon capture and storage may have left taxpayers with a multi-million dollar WA oil platform clean up bill.
A wildly popular Aussie activewear brand with aims of challenging Nike and Luluemon has collapsed with major implications for its customers.
A Perth building broker has fallen into liquidation with more than $500,000 of transactions to be examined, including the purchase of a Harley Davidson motorbike.
An ongoing lawsuit by the corporate watchdog against Wiluna Mining is still hanging over the gold play amid hopes of an ASX relisting aided by a bouyant price for the precious metal.
There’s hope the Perth contractor that has worked with BHP and Rio Tinto can be rescued for the second time in three years.