Secon Freight Logistics snaps up facility previously owned by the now defunct freight operator 1st Fleet
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Intercoast investigation to wrap up next month
Liquidator of Intercoast Refrigerated Transport expects investigation to finish next month and says "significant financial problems" led to company’s downfall
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ASIC seeks comment on winding up ditched firms
Access to GEERS the priority but public interest and best use of government funds to be considered
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Legislation in to save GEERS and other spending
The General Employee Entitlements and Redundancy Scheme (GEERS), which is helping former employees of 1st Fleet, will be saved if, as seems likely, the Financial Framework Legislation Amendment Bill passes the Senate.
The Opposition has indicated its support for the Bill now being rushed through Parliament due to a High Court decision last week, in a case brought with the aim of halting federal funding for school chaplaincy.
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High Court decision threatens GEERS spending
A High Court decision on the separation of church and state could put in jeopardy the federal scheme that shields financially the employees of failed companies such as transport firm 1st Fleet, experts warn.
The General Employee Entitlements and Redundancy Scheme (GEERS) − a basic payment scheme that assists employees of firms suffering liquidation or bankruptcy − exists under the same funding arrangements as the school chaplaincy scheme that came to legal grief last week.
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The General Employee Entitlements and Redundancy Scheme (GEERS) − a basic payment scheme that assists employees of firms suffering liquidation or bankruptcy − exists under the same funding arrangements as the school chaplaincy scheme that came to legal grief last week.
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Forno pushes crackdown as 1st Fleet employee losses top $4m
Union wants authorities to get tougher on companies that fall behind on superannuation payments
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Subbies feel the pain from 1st Fleet failure
1st Fleet's liabilities outstrip worth of company assets, forcing sub-contractors to absorb massive losses
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Prepare crisis management plan to protect image, truckers told
Transport companies urged to attend media training and develop a crisis management plan so they can effectively deal with emergencies
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Date set for 1st Fleet Brisbane auction
Assets belonging to the now defunct 1st Fleet will go under the hammer in Brisbane at 10am, June 6
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1st Fleet to be liquidated in $4m asset sell-off
1st Fleet assets sent to the auction block after creditors vote to liquidate the company
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