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Administrator Appointed for Aussie Junk

By SpellingAndGrammar 7 July 2009 41

I see that Aussie Junk has appointed a Queensland receiver to manage its affairs (Canberra Times, p3, Receivers appointed to oversee recyclers) – looks like the tax department hadn’t been fixed up at all – surprise, surprise. 

I note that a creditor’s meeting is also being held in Queensland tomorrow (6 July).  I bet that’s really helpful for the staff in the ACT who have been underpaid.  I wonder if the benevolent managers at Aussie Junk will be looking after the welfare of their employees and ensuring that their interests are represented? Oh, sorry, I forgot who I was talking about there for a moment – ha, ha, ha.

I hope that Stanhope’s people are getting some good legal advice at the moment.  I guess we will all wait with bored anticipation to see what happens in the Federal Magistrates Court at the end of this month.  I hope they plead innocence…

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Administrator Appointed for Aussie Junk
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sepi 8:28 pm 10 Jul 09

I am too lazy to trawl thru hansard myself – I like the excerpts though.

I am fascinated to see what the govt is going to do a bout this whole fiasco. Perhaps in this instance the greens will add a bit of interest – recycling is right up their alley.

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