Monday, 20 July 2009
The saddest thing about the collapse of a young entrepreneur's empire isn't hearing that the receivers have arrived or that the Ferrari has been repossessed - it's hearing that the poor young thing has been forced to move back in with their parents. ...
Rich list 2009: A sneak peek
Monday, 25 May 2009
The big day for wealth watchers is almost here. On Thursday, BRW magazine will release its annual Rich 200 edition, which promises to be one of most fascinating in years. ...
Wealthy power-tool entrepreneurs watch empire collapse
Tuesday, 02 December 2008
Australian power tool empire Global Machinery Company – better known to those handy around the home as GMC – has been placed in receivership by its main lending banker Westpac Banking Corporation. ...
Tool entrepreneurs set to sell up
Tuesday, 07 October 2008
Australian power tool manufacturer GMC is on the selling block as the company battles falling sales, the volatile Australian dollar and high debt levels. ...
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