News

Bob Day: Family First senator quits as company folds

Senator Bob Day speaking to the media during a press conference at Parliament House in Canberra. Mr Day has resigned from the senate after his firm Home Australia went into liquidation.
Senator Bob Day speaking to the media during a press conference at Parliament House in Canberra. Mr Day has resigned from the senate after his firm Home Australia went into liquidation.

FAMILY First Senator Bob Day will leave the senate as his building company Home Australia goes into administration.

The company is understood to have gone into liquidation today with more than 200 homes across the country still under construction.

ABC reports the company had losses of $1.2 million in 2013 and $3 million in 2014.

The South Australian senator said the failure of Home Australia will have "serious implications for me and my family".

"Creditor liabilities greatly exceed our assets, so we will also lose our family home," he said in a letter to Home Australia workers.

In Brisbane, Home Australia operated as Newstart Homes and Huxley Homes in Sydney.

Senator Day was re-elected to a three-year term in the Senate in July.

Family First will meet this week to select a successor to Mr Day.

Topics:  bob day editors picks family first politics


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

James Hardie boss devastated by work death

Emergency Services, Ambulance, QAS, Photo Bev Lacey / The Chronicle

A MAN in his 60s has died in an industrial accident.

A 'catastrophic failure' let black lung go on: inquiry

Ipswich man Percy Verrall was diagnosed with black lung disease in 2015.

Scathing report slams mine health system

'We'll keep fighting': Parents campaign for new high school

Shana Skinner from Karalee Childcare Centre with Slater Hanson (left) and Liam Edbrooke

Government rejects claims of overcrowding at major high schools

Local Partners

10 strange stories behind famous sex scenes

WHEN it comes to shooting sex scenes, it’s no secret that every set has their own method.

HBO spills new details on Game of Thrones’ final season

Game of Thrones’ eighth and final season will only have six episodes.

New details about what to expect from the eighth, final instalment.

Karl’s rant on Corby: ‘Made to look like idiots’

Karl Stefanovic is sick of hearing about Schapelle Corby.

Today co-host launched a tirade against Schapelle Corby media circus

Big Pineapple festival safety concerns as 100s walk home

LONG WALK HOME: Many festival goers opted to take a dangerous walk home due to transport difficulty following the Big Pineapple Festival in Woombye on Saturday.

Big Pineapple festival-goers have braved dangerous walks home

Shot at the live shows slips through Sally's fingers

Sally Skelton and Bojesse Pigram pictured after their battle performance on The Voice.

Sunshine Coast singer's dramatic elimination from The Voice

Ben Stiller and Christine Taylor split after 17 years

They were married in May 2000 and have two children, who they said will remain their priority.

Ben Stiller and his wife Christine Taylor have called it a day

Why The Voice hasn't produced a star

Boy George responds to Brittania Clifford-Pugh's heart-warming message.

It's the industry, not the show, says Boy George

Home to a sex worker: Sordid history of iconic Coast shed

Milojevic Djordjevic's daughter Linda at the derelict shed on Yandina-Coolum Road.

The shed was once a liveable 'barrack'.

This is real estate's billion-dollar man

Bob Wolff at AREC with John McGrath of McGrath Real Estate.

They don’t call him the “Billion dollar man” for nothing

Man's amazing comeback from monster crisis

Pat O'Driscoll agents Penny Keating and Doug Webber sold 56 Agnes St, The Range at auction over the weekend.

NOT long ago, he sold his possessions to pay staff. Now he's back.

Report reveals progress on $319m airport upgrade

Aerials of the Sunshine Coast.Jetstar plane in front of the Susnhine Coast terminal, Sunshine Coast Airport.

Over two dozen government approvals needed for airport expansion

Lost dough leaves sour taste after company collapse

Kathleen and John Mahoney from Sugar and Spice Bakery were stung after the collapse of Cantro Pty Ltd and are still owed money.

Supermarket operator collapse leaves sour taste for bakery

Ready to SELL your property?

Post Your Ad Here!