ABC Top Stories20h agoBusinessAustralia
Launceston Creative Precinct Developer Accused of Insolvency Amidst $16M Debt
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- A proposed $80 million creative precinct in Launceston, backed by state and council funding, is under scrutiny as the developer, Chris Billing, faces allegations of running insolvent companies with debts exceeding $16 million.
- Community members and councillors question the due diligence performed by authorities.
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A proposed $80 million creative precinct in Launceston, backed by state and council funding, is under scrutiny as the developer, Chris Billing, faces allegations of running insolvent companies with debts exceeding $16 million. Community members and councillors question the due diligence performed by authorities.
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This article was originally published by ABC Top Stories.