Category : Search result: developer debt


Defunct Canberra soccer club leaves $627,000 shortfall

Liquidator's report reveals Gungahlin United FC owes $682,000 with only $55,000 in assets, leaving players, parents and government out of pocket. Read the full breakdown of the Canberra football collapse.

MYEFO reveals debt burden for next generation

Treasurer Jim Chalmers' Mid-Year Economic and Fiscal Outlook forecasts deficits for a decade, with today's primary school children set to pay off a national debt nearing $1 trillion. Read the analysis.

Wanneroo Clears $740k in Historical Library Fines

The City of Wanneroo has forgiven over $740,000 in old library fees, clearing the slate for 13,521 members. Mayor Linda Aitken urges residents to return and explore their fine-free local libraries.

Level 33 Wollongong tower approved for extra floors

The Level 33 development on Flinders Street has been approved to add three more storeys and 33 apartments after a successful review. Discover how NSW's affordable housing policy made it possible.

Gungahlin United FC folds with $550k debt

Heartbreaking end for Canberra football club as members vote to wind up after 20 years. Liquidator appointed to handle $550,000 debts. Read the full story.

Newcastle developer plans $43 million apartment block

GWH reveals ambitious plans for a 25-storey mixed-use tower in Newcastle West, transforming a long-vacant site into a vibrant residential precinct. Discover the details of this $43 million development.

Gungahlin United FC collapses under debt burden

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.

Geelong Steel Company Collapses with $568,000 Debt

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.

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