Bottrell Accountants, Financial Planners & Tax Agents

Skilled Group swallowed by rival Programmed Maintenance

Skilled Group swallowed by rival Programmed Maintenance Programmed Maintenance’s acquisition of Skilled Group with a sweetened offer of $1.79 per share is highly symbolic of what’s happening to the Australian economy as the mining boom fades. Frank Hargrave was a self-employed electrician who set up Australia’s first contract labour business in 1964, outsourcing the services […]

ASIC investigates Padbury’s botched $6b Oakajee deal

The Australian Securities and Investments Commission has launched civil proceedings against resources minnow Padbury Mining and its chief executive Gary Stokes over a botched $6 billion financing deal for the Oakajee port and rail project in Western Australia. In April last year Padbury, with a market capitalisation of just $70 million, told investors it had found an […]