Townsville Defence Project Collapses After Cost Blowout
The $2.1 billion 'The Oasis' defence project in Townsville has been scrapped after labour costs ballooned by 275%. The federal government has terminated the contract with BESIX Watpac.
The $2.1 billion 'The Oasis' defence project in Townsville has been scrapped after labour costs ballooned by 275%. The federal government has terminated the contract with BESIX Watpac.
Australian caravan manufacturer Zone RV has collapsed into administration, resulting in 120 job losses. Administrators are now assessing the future of the business. Read the full story.
Documents reveal ASIC was warned Zone RV was trading insolvent in September. The Coolum Beach caravan company's collapse has left customers, including a cancer survivor, out of pocket by hundreds of thousands of dollars just before Christmas.
A 45-year-old man has died and a 19-year-old is seriously injured after a retaining wall collapsed at a West End construction site. Emergency crews worked for over an hour to free the trapped teen. Read the latest on this developing story.
The Sea Cliff Bridge will close this Sunday for a pro-Palestine march. NSW Police have approved the protest, with details on traffic disruptions to be finalised. Read more.
Queensland luxury caravan manufacturer Zone RV enters voluntary administration, jeopardising customer deposits and 250 jobs weeks before Christmas. Full story on the industry crisis.
More than 180 Australian workers face an uncertain Christmas after fourth-generation family farming enterprise Dicky Bill Australia collapsed into voluntary administration. Read the full story.
WA businesswoman Natasha Donnelly faces court order to disclose finances after latest company collapse. Liquidator investigates asset trail amid creditor concerns.
Discover the dramatic history behind Sea Cliff Bridge's construction as it approaches its 20th anniversary. From road closures to economic impacts, explore this iconic Australian landmark.
Riahne Vasquez, 18, identified as victim of tragic sandbar collapse at Soldiers Beach, NSW. Two friends made it to shore, one rescued by surfers. A tragic reminder of beach safety.
Emergency services have resumed the search for an 18-year-old man swept out to sea after a sand bar collapsed at Soldiers Beach, Norah Head. Two others were rescued.
McGrathNicol liquidators will question Inspired Property Group's former director in Supreme Court as they pursue $35 million for creditors. 90 homes remain unfinished.
ASIC launches new lawsuits against advice firms and a research house over the collapse of Shield and First Guardian funds, alleging failures that cost investors millions.
Capital Football announces major NPL competition changes including no relegation for 2026 and delayed player contract regulations following Gungahlin United's dramatic collapse.
A major structural design and construction company faces conviction after a dangerous worksite collapse at a Geocon development site in Canberra, raising serious safety concerns across Australia's construction sector.
Education Minister Yvette Berry addresses community concerns after Gungahlin United's sudden collapse, revealing government was unaware of financial troubles until final hours.
In a remarkable display of community spirit, Canberra Olympic FC has welcomed stranded Gungahlin United players after the club's sudden demise just weeks before the new season.
Canberra's football community reels as Gungahlin United FC faces financial collapse with massive debts, forcing the club to call an emergency meeting to determine its future.
Another Geelong manufacturer falls as JS Ironworkers enters liquidation with $568,000 debt, leaving local suppliers in the lurch and raising concerns about the region's industrial future.
Exclusive investigation reveals multiple Golden Plains businesses entering liquidation, raising concerns about regional economic challenges and what it means for local communities.
Another major blow hits Canberra's construction sector as prominent developer Keggins appoints administrators, leaving creditors owed millions and projects in limbo.