Created Fri 12/02/2010, Last Updated Fri 12/02/2010

Akron collapse stings ACT businesses

Akron, a national civil construction company, which has entered voluntary administration, held its first creditors’ meeting in Melbourne yesterday. The news was not good for ACT small businesses and their workers caught up in this corporate collapse. The company is $35million in debt and a decision will be made in a month’s time about whether the company will cease trading.

 The administrators informed the meeting that Akron ran into problems when it expanded into the ACT because it massively under-costed its work in Bonner and Crace.

Created Wed 3/02/2010, Last Updated Wed 3/02/2010

Akron leaves workers in the lurch

Akron, a national civil construction company, which fell behind in payment late last year, has entered voluntary administration. This places hundreds of thousands of dollars in workers entitlements in jeopardy, but it could have been so much worse.

When problems began to emerge the CFMEU, with the support from the Land and Development Agency, ensured that most outstanding contracts were paid prior to Christmas. However, many Canberra businesses face a nervous wait to find out if they will receive payments that are due to them.

Image related to Dean Hall elected as new CFMEU Secretary
Dean Hall CFMEU ACT Secretary
Created Wed 27/01/2010, Last Updated Wed 3/02/2010

Dean Hall elected as new CFMEU Secretary

Dean Hall was elected as the Secretary by the CFMEU Committee of Management on Wednesday January 27.

Dean has been a member of the CFMEU for 12 years, serving as Assistant Secretary for the previous two. Before being elected as the Assistant Secretary, Dean worked as a OH&S construction worker and as a school teacher. He holds a Bachelor of Social Work. Dean was born in Yass and is married to Melissa, and has two young children.