Regis Resources records $192 million impairment on McPhillamys gold project following rejection of Plibersek application

Almost all of the value that Regis Resources attributed to its New South Wales gold project was wiped out following a high-profile Section 10 ruling. The immediate financial impact was revealed Wednesday afternoon when Regis recorded a non-cash impairment of $192 million “against a significant portion of McPhillamys' book value.”

Nicheliving is being “thrown on the trash heap” as debts exceed assets by $32 million, court said

Nicheliving's lawyers accused the state government of trying to “throw the troubled construction company on the trash heap” while it fights to regain its license. The group is arguing before the State Administrative Tribunal that the Building Services Board's decision earlier this month not to renew their registration was “completely wrong”, according to lawyer Martin … Read more