Thursday, February 09, 2012

Sydney building firm ceases trading, 500 jobs lost.

Sydney building firm Kell & Rigby ceases trading, 500 jobs lost
From: AAP
About 500 Sydney workers are out of work after the collapse of building firm Kell & Rigby. Many employees and contractors have been left unpaid after the company ceased trading, the Nine Network reported today.
The company has reportedly gone into voluntary administration, but is yet to make a statement.
"The company has ceased trading and we suspect that there's about 500 jobs that have gone wanting here," Brian Parker from the Construction, Forestry, Mining and Energy Union (CFMEU) told Nine.
Federal Employment Minister Bill Shorten says he is concerned for the affected families.
"My immediate reaction is for the families who'll be watching this news broadcast," Mr Shorten told the Nine Network.
"To know that dad works for this company and when dad gets home they'll be saying 'what's happening'."
...Established in 1910, Kell & Rigby is one of Australia's oldest building firms.
It was responsible for building some of Australia's best known landmarks, including the Anzac War Memorial, the renovation of Sydney Town Hall and the Apple building in Sydney's CBD.

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