Chris Herde

More than 12,000 Australians went broke in the past year as cost-of-living pressures and business struggles saw personal bankruptcy rates jump by 5.3 per cent.

Private Queensland miner QCoal will close down one of its underground units in the Bowen Basin, putting about 80 miners out of work because of high costs including the state government’s controversial royalties scheme.

An unlicensed builder will have to pay almost $30,000 after being caught out again by the Queensland building regulator.

The first casualty of the Queensland super coal royalty scheme and low coal prices has yet to find a buyer or a major investor to keep its mines open as the scale of its debts are revealed.

A company that was founded by members of a venerable national law firm to provide finance IT and HR services to mid-tier and boutique legal practices will be wound up in a couple of months.

United Petroleum founders Avi Silver and Eddie Hirsch have quietly become significant shareholders in fast food franchisor Retail Food Group which is behind staples like Donut King, Gloria Jean’s, Crust Pizza and Beefy’s Pies

We’re hearing all types of chatter about plans for a Dubai-styled theme park in the Caboolture area with speculation Middle Eastern investors are eyeing a spot in the southeast for their next grand venture.

A national ASX-listed aged care giant will acquire four Rockpool homes in south east Queensland which will add 600 beds to its portfolio.

A prestige residential builder – whose business development manager was a director of a construction company that spectacularly failed almost a decade ago – has collapsed owing almost $4.7m.

The world’s a tricky place at the moment but the imminent arrival of a US fast food giant near a pivotal intersection of the Brisbane CBD is set to spark a war of a meaty kind with three of the world’s largest burger chains only metres from each other.