Following an application by ASIC, the Administrative Appeals Tribunal (AAT) suspended Mr Geoffrey McDonald’s registration as a liquidator for two years after finding he failed to carry out or perform adequately and properly his duties as a liquidator under s1292 of the Act. Continue reading
Tag Archives: engineering
Construction activity remains sluggish
Conditions in Australia’s construction industry stayed sluggish in December as activity contracted in the apartment and engineering sectors.
The survey of 200 firms by Australia Industry Group and the Housing Industry Association found tight credit conditions continued to hamper major projects. Despite this, work on new houses expanded for the sixth straight month probably due to the first home buyer incentive. It will be interesting to see if this continues in 2010 as the government incentive is removed. Continue reading
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