Spanish construction group Acciona is keeping its options open after quietly withdrawing its application to the ACCC to buy a giant waste-to-energy plant at East Rockingham.
Insolvency practitioners have taken control of Margaret River wine producer Tate Wine, the latest local alcoholic beverage maker to buckle under industry headwinds.
Japanese industrial group Iwatani is closing in on Strandline Resources' mothballed mineral sands mine in a deal that leaves the federal government facing an almost $160 million loss.
Spanish engineering giant Acciona has dumped French multinational Veolia from a contract to run WA's largest and most expensive waste management facility at Kwinana.
The largest employer on the tropical Cocos Keeling Islands in the Indian Ocean has called in administrators to help restructure its financial affairs amid economic challenges.
The Federal Court of Australia has dismissed Bluewaters Power's bid for an inquiry into the alleged misconduct of Griffin Coal's receivers despite finding an element of mistrust between the parties.
A deli and cafe on the Victoria Park dining strip has closed its doors, with a liquidator citing impacts from COVID as one of the reasons for the shutdown.
Simsai Construction Group's directors may have breached their duties by withdrawing funds when the troubled residential builder owed significant debts and was operating at a loss, according to an administrators' report.
More than 100 homes under construction by financially troubled Simsai Construction Group will be handed over to new builders as administrators begin notifying customers.
Lanco will be pushing to replace Griffin Coal's liquidators but lost its preferred appointment of Pitcher Partners after Bluewaters Power Station's intervention in the Federal Court.
Revealed: New numbers offer the clearest picture yet inside Griffin Coal's finances, with liquidators suspecting the miner may have been insolvent for two years before its September collapse.
Cor Cordis has been appointed as liquidator of Griffin Coal, joining receivers Deloitte, with the power to potentially cancel a supply deal with Bluewaters.
A privately-owned mining group owned by a trio of high-profile contractors has gone into voluntary administration owing creditors more than $100 million.
Pilbara Minerals has moved closer to gaining control of Altura Mining's key asset after striking a $US175 million agreement with the lithium miner's receivers and managers.
Pilbara Minerals has lodged a $US175 million bid for fellow lithium miner Altura Mining, though Altura is working on its own recapitalisation plan after being put in receivership.
Perth's hospitality woes have continued, after fish and chip chain Sweetlips entered liquidation and Raine Square tenant Tim Ho Wan closed its doors after less than a year.
Roebourne-based indigenous group Ngarluma Yindjibarndi Foundation, which employs more than 50 people at its business operations throughout the Pilbara, has been placed into voluntary administration.
St Georges Terrace venue The Trustee Bar & Bistro has fallen under the control of administrators, but an ownership change to keep the venue alive is a real possibility.
Three interconnected waste management businesses in Perth face a sudden change of fortune after Aurigen Group went into voluntary administration, a Thai company bought the Brockwaste plant in Shenton Park, and listed company AnaeCo positioned itself to work on the planned restart of the plant.
PSC Insurance Group has bought National Franchise Insurance Brokers in a deal worth up to $1.2 million, two months after the Subiaco-based firm was placed into administration.
More than 50 home building companies put themselves forward to take on the work in progress of collapsed builder Builton, with JWH Group emerging as the administrators' top choice.
KordaMentha managing partner Cliff Rocke has taken on a new role, joining the Perth office of the advisory firm that is handling the collapse of residential construction group Builton.
A company associated with Builton appears to be manoeuvring to complete two of the biggest jobs of the failed development and construction company – the Quattro on Burswood and Vue Maylands apartment projects.
The collapse of yet another Western Australian residential builder appears set to further upset the delicate state of the sector, with financiers, insurers, 350 trade creditors and as many as 130 home owners facing losses.
One of state's biggest residential construction firms, Builton Group, has succumbed to the financial stresses engulfing the sector, appointing an external administrator earlier today after reports of the company's financial troubles emerged last week.
Rental, hiring and real estate services were among the industries that fared worst as external administrations jumped 14 per cent in Western Australia for the September quarter, as insolvency experts warn that an economic rebound has not yet clearly emerged.
