Clive Palmer
Clive Palmer AAP Image - Mick Tsikas

Palmer's Qld Nickel to be liquidated to repay massive debt

CREDITORS of Clive Palmer's Queensland Nickel have voted to liquidate the company, a fortnight after administrators made the recommendation amid crippling debt.

Creditors, which includes 800 sacked workers, agreed at a meeting in Townsville to wind up the company.

Administrators told the meeting that liquidators will now be able to pursue Clive Palmer for debts owed.

Workers are owed more than $70 million but the meeting has been told almost $60 million will be covered by the Federal Government's entitlements scheme.

Read more at ABC News Online


Provider working to solve Charleville’s childcare woes

premium_icon Provider working to solve Charleville’s childcare woes

The closure of Sam’s Place daycare has left kids without care, but another provider...

Brawling brothers banned from bars

premium_icon Brawling brothers banned from bars

"This is a criminal charge where prison is considered..."

Teen's leg amputated to save life after farming horror

premium_icon Teen's leg amputated to save life after farming horror

“I didn’t want to believe it, so I just kept fighting and fighting."