Latest news with #Taringa
Daily Mail
12-05-2025
- Business
- Daily Mail
Australian construction firm collapses leaving $6M in debt
A construction company has collapsed with creditors owed millions of dollars for projects across Victoria, NSW and Queensland. Kenik was wound up in Queensland's Supreme Court earlier this year after another business launched legal action against the Melbourne-based company. Kenik, which had been in the property and construction industry for more than 25 years, now owes more than 200 creditors a combined total of $6.6 million, a new report lodged to the Australian Securities and Investments Commission (ASIC) has revealed. The document revealed the company's creditors are from five major projects. Kenik had been involved in a series of legal battles in its fight to remain in business. Joinery manufacturer and creditor Barrett Group launched a winding up application against the company in February 2024. The property group was ordered to pay Kenik $4.2 million in the courts. Taringa has since challenged the decision, and launched proceedings to block Kenik from receiving the money. Taringa also lodged a separate $11 million breach of contract claim. The Queensland Supreme Court rejected Kenik's request for a stay of the prosecution of the winding up order. The judge found 'Kenik requires all the dominoes to fall in its favor and, even if they did, the creditors would be left waiting even longer'. He ordered the company to be wound up in insolvency in February. Insolvency experts from Hall Chadwick were appointed as liquidators. The new document revealed Kenik's creditors hailed from five major projects. Creditors in a project in Sunshine, Melbourne, were owed $807,020. Others for projects in Bringelly, west Sydney, and Yallah, Woollongong, were owed $348,196 and $1.4 million respectively. Creditors for a project in Chuwar, Ipswich were owed $891,083, while Taringa creditors were left at a loss of $2.2million. Court documents showed Kenik had not traded since August 2023, when it lost its building licence. The Sunshine project's creditors included Pulseweld Engineering Services, owed $110,000; Express Interiors, owed $69,536; RAM Locksmiths, owed $58,403; and Scope Cleaning and Maintenance Services, owed $60,391. Trades on the NSW projects included First Choice Earthworks, owed $90,402; Gasweld Industries, owed $75,795; Rockpave Civil, owed $59,243; AAA Fast Plastering, owed $92,062; Austral Precast, owed $650,000; and City Coast Services, owed $160,362. Queensland trades were Manly Concrete, owed $135,284; Pentacon, owed $300,000; ACP Advance Commercial Projects, owed $90,028; HKH Roofing, owed $43,693; Hyforce Engineering, owed $102,999; Illumin8 Electrical and Communications, owed $148,440; and JKA Commercial Glazing, owed $78,079. Director Stephen Kennedy informed ASIC Kenik entered liquidation with only $110 in one bank account and $218 in a second account. The company also has two lump sums currently held by the Supreme Court of Queensland, according to the document. They are worth $4.8million and $1.5million. The document revealed Kenik was also owed a total of $1.395 million from debtors on several projects.
Scoop
23-04-2025
- General
- Scoop
Te Wānanga O Aotearoa Celebrates 40 Years Of Transforming Education
Press Release – Te Wananga o Aotearoa From humble beginnings in a double garage in Te Awamutu, Te Wnanga o Aotearoa has grown into the second largest tertiary institution in Aotearoa distinctly Mori, community-based, and built on the foundation of whnau transformation through education. Sunday 27 April 2025 marks 40 years since the official opening of O-Tāwhao Marae, the birthplace of Te Wānanga o Aotearoa. To mark this significant milestone, O-Tāwhao will host a special episode of the popular Taringa podcast, with invited guests sharing their reflections of the enduring journey so far. This will be broadcast live on Monday, 28 April and livestreamed on Facebook. From humble beginnings in a double garage in Te Awamutu, Te Wānanga o Aotearoa has grown into the second largest tertiary institution in Aotearoa – distinctly Māori, community-based, and built on the foundation of whānau transformation through education. Founded in 1985 by Dr Rongo Wetere and Boy Mangu, the wānanga was born out of a bold local response to the failure of mainstream education to meet the needs of rangatahi Māori. By offering these rangatahi an opportunity to learn whakairo (carving) and raranga (weaving), they helped build O-Tāwhao Marae itself. This hands-on, kaupapa-driven approach to education laid the foundation for what would become the largest Māori tertiary provider in Aotearoa. Now with more than 80 sites throughout the motu, Te Wānanga o Aotearoa empowers thousands of tauira each year to succeed through programmes in education, social work, te reo Māori, business, trades, and vocational careers. Also marking the 40th anniversary is the release of Tihei Wānanga III, a commemorative publication that captures key moments and voices from recent years. A documentary film is currently in production and will be released later in 2025. Chief Executive Evie O'Brien says the milestone is an opportunity to reflect on their extraordinary achievements and look forward with purpose. 'This kaupapa started with a few determined people who believed in the power of mātauranga Māori and education to uplift our people – and that belief still drives us today,' says O'Brien. 'We're proud of what's been achieved and excited about where we're heading. Our focus remains firmly on providing the outstanding educational experiences our whānau deserve and to continue transforming lives long into the future.' At the heart of this journey is the enduring mission of Te Wānanga o Aotearoa: Kia angitu te tauira – Tauira success. New offerings in Digital Media and Design, Study and Employment Skills, Māori Governance, and Building, Construction and Allied Trades are being developed to meet the evolving aspirations of learners and communities. They will soon launch its next strategic direction, Te Pae Tawhiti 2030, setting out how it will continue to evolve to support tauira, kaimahi, iwi and communities in a rapidly changing education environment. Note: Te Wānanga o Aotearoa is a respected, uniquely Māori tertiary education provider, delivering a wide range of programmes to tauira throughout Aotearoa. For 40 years, it has been dedicated to promoting and preserving te reo Māori and mātauranga Māori, supporting learners and communities across the motu.
Scoop
23-04-2025
- Entertainment
- Scoop
Te Wānanga O Aotearoa Celebrates 40 Years Of Transforming Education
Sunday 27 April 2025 marks 40 years since the official opening of O-Tāwhao Marae, the birthplace of Te Wānanga o Aotearoa. To mark this significant milestone, O-Tāwhao will host a special episode of the popular Taringa podcast, with invited guests sharing their reflections of the enduring journey so far. This will be broadcast live on Monday, 28 April and livestreamed on Facebook. From humble beginnings in a double garage in Te Awamutu, Te Wānanga o Aotearoa has grown into the second largest tertiary institution in Aotearoa – distinctly Māori, community-based, and built on the foundation of whānau transformation through education. Founded in 1985 by Dr Rongo Wetere and Boy Mangu, the wānanga was born out of a bold local response to the failure of mainstream education to meet the needs of rangatahi Māori. By offering these rangatahi an opportunity to learn whakairo (carving) and raranga (weaving), they helped build O-Tāwhao Marae itself. This hands-on, kaupapa-driven approach to education laid the foundation for what would become the largest Māori tertiary provider in Aotearoa. Now with more than 80 sites throughout the motu, Te Wānanga o Aotearoa empowers thousands of tauira each year to succeed through programmes in education, social work, te reo Māori, business, trades, and vocational careers. Also marking the 40th anniversary is the release of Tihei Wānanga III, a commemorative publication that captures key moments and voices from recent years. A documentary film is currently in production and will be released later in 2025. Chief Executive Evie O'Brien says the milestone is an opportunity to reflect on their extraordinary achievements and look forward with purpose. 'This kaupapa started with a few determined people who believed in the power of mātauranga Māori and education to uplift our people – and that belief still drives us today,' says O'Brien. 'We're proud of what's been achieved and excited about where we're heading. Our focus remains firmly on providing the outstanding educational experiences our whānau deserve and to continue transforming lives long into the future.' At the heart of this journey is the enduring mission of Te Wānanga o Aotearoa: Kia angitu te tauira – Tauira success. New offerings in Digital Media and Design, Study and Employment Skills, Māori Governance, and Building, Construction and Allied Trades are being developed to meet the evolving aspirations of learners and communities. They will soon launch its next strategic direction, Te Pae Tawhiti 2030, setting out how it will continue to evolve to support tauira, kaimahi, iwi and communities in a rapidly changing education environment. Note: Te Wānanga o Aotearoa is a respected, uniquely Māori tertiary education provider, delivering a wide range of programmes to tauira throughout Aotearoa. For 40 years, it has been dedicated to promoting and preserving te reo Māori and mātauranga Māori, supporting learners and communities across the motu.
