South Australia’s Bianco construction group was placed into receivership in early July under heavy debts totalling $60 million. Administrators Ferrier Hodgson later announced that Bianco Structural Steel would be closed, with 50 staff made redundant. The closure announcement came on the same day that advertisements appeared for Bianco Construction claiming the company had more than $3 million in EBIT, “extensive stockholding” and a number of leased premises.
Victoria’s Supreme Court has refused Mitre 10’s request for a trading injunction against the Masters home improvement chain in a move that would have obstructed its incoming rival’s store rollout.
Three insulation batts manufacturers – CSR (Bradford), Fletcher Insulation (Pink Batts) and Knauf – are seeking $50 million in compensation from the Australian government after the sudden withdrawal of the home insulation scheme last year, according to a report in the Australian Financial Review.
In recent years Wattyl, the nation’s number two paint manufacturer, has been dealt some tough blows for which it can largely blame itself. But Managing Director, Tony Dragicevich, is intent on focusing on what it’s good at instead of dwelling on past failures, reports Mark Daffey.
With spring approaching, we offer some of the latest inspirations and trends in decorative wood care – for both indoors and outside the home.
We canvassed six different suppliers to the door and window hardware category and asked them a series of questions designed to find out what’s new and what consumers want.