Decmil has announced the closure of its New Zealand subsidiary, citing major losses following the termination of a NZ$185 million contract with the country's prisons department.
Perth-based surveying firm Asphar Survey Group has appointed administrators to one of its key subsidiaries, with difficult trading conditions forcing the company to restructure its operations.
Mine site water infrastructure group GFR has become the sixth Perth-based company to call in administrators in as many weeks, citing deteriorating trading conditions and significant contract delays.
Mining transport company AL Logistics has gone into voluntary administration as it seeks to secure a $2 million investment to pay its creditors and continue operating.
