GeriLaunceston Creative Precinct Developer Accused of Insolvency Amidst $16M Debt

Gelişiyor

ABC Top Stories1 g önceBusinessAustralia

Launceston Creative Precinct Developer Accused of Insolvency Amidst $16M Debt

Launceston creative precinct Chris Billing

Hızlı Bakış

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.

Yapay zekâ özeti

Yazı boyutu

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.

Tam haberi ABC Top Stories sitesinde oku

İlgili Konular

Launceston

Konularcreative precinct Chris Billing Foundry insolvency government funding due diligence

Bu haber ilk olarak şurada yayınlandı: ABC Top Stories.

İlgili Haberler

Bu konuda daha fazlaLaunceston

Acil·25 dk önce

Nationwide Telstra Outage Halts Regional Train Services in Victoria and Affects Canberra Lines

A nationwide Telstra network outage has caused widespread disruption to regional train services in Victoria, suspending lines including Bendigo, Seymour, Gippsland, Geelong, and Ballarat. Train services to and from Canberra were also shut down due to communication losses. Millions of Australians were affected by the Telstra outage, impacting phone calls and internet access.

ABC Top Stories

Gelişiyor·47 dk önce

Australian Shares Fall Amid Middle East Tensions and Telstra Outage

Australian shares dropped, with the ASX 200 down 1.4%, influenced by Middle East hostilities and a Wall Street tech sell-off. A nationwide Telstra outage disrupted services, impacting businesses and leading to a 2.8% fall in Telstra's share price. G8 Education faces a lawsuit for allegedly underpaying workers over $2 million.

ABC Top Stories

Acil·54 dk önce

Australian Shares Fall Amid Middle East Tensions and Tech Sell-off; Telstra Outage Disrupts Services

Australian shares opened sharply lower, with the ASX 200 down 1.4% due to Middle East hostilities and a Wall Street tech sell-off. Telstra shares also fell following a nationwide outage affecting services and train networks. G8 Education faces a lawsuit for allegedly underpaying staff over $2 million.

ABC Top Stories

Acil·3 sa önce

Australian Shares Set for Lower Open Amid Middle East Tensions

Australian shares are expected to open lower due to escalating Middle East hostilities. US strikes against Iran and the revocation of sanctions relief have caused oil prices to surge, impacting global markets. Wall Street also closed in the red.

ABC Top Stories

Gelişiyor·3 sa önce

Thousands of Northern Territory residents hit with massive power bills

Thousands of Jacana Energy customers in the Northern Territory are facing massive power bills, some exceeding $6,000, due to a smart meter system bungle by Power and Water Corporation (PWC). Billing delays and discrepancies have caused significant financial strain for residents.

ABC Top Stories

Gelişiyor·4 sa önce

Thousands of Northern Territory residents hit with massive power bills after Jacana Energy bungle

Thousands of Jacana Energy customers in the Northern Territory are facing massive power bills, some exceeding $6,000, due to a billing bungle linked to a new smart meter system. Power and Water Corporation (PWC) experienced issues with meter data flow after a technology upgrade, causing billing delays and discrepancies for approximately 5,000 customers.

ABC Top Stories

Bu konuda daha fazlaLaunceston