Business
Application to break up Sanjeev Gupta’s Australian coal and steel businesses lodged in NSW court – ABC News
People of the steel-making town of Whyalla are facing fresh uncertainty amid a push by creditors to break up the Australian empire of British billionaire Sanjeev…
People of the steel-making town of Whyalla are facing fresh uncertainty amid a push by creditors to break up the Australian empire of British billionaire Sanjeev Gupta.
Key points:
- A claim has been filed to wind up Sanjeev Gupta’s Australian operations
- It comes after the collapse of major lender Greensill
- Last month, Mr Gupta conceded GFG had been too dependent on Greensill
An application was lodged in the NSW Supreme Court on Tuesday to wind up the operations of two companies, including OneSteel…
-
Noosa News15 hours agoRevealed: 75 Qld suburbs you could afford to buy in if lending standards drop
-
General9 hours agoFarmers develop ‘autofill’ tech so agricultural robots can operate around the clock
-
General11 hours agoChoosing an online exercise program can be confusing. Here’s what to look out for
-
Noosa News14 hours agoNowhere is growing like this corner of Queensland. It’s changing the political game