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Toowoomba Telegraph, the final issue.
From the 6 days a week Toowoomba based paper. www.thechronicle.com.au/news/toowoomba-telegraph-close-following-liquidation/1966074
Staff out of work as Toowoomba Telegraph closes
31st Jul 2013 11:18 AM
Updated: 2:40 PM
Related Items
» Toowoomba Telegraph hopes to trade through liquidation
UPDATE: THE Toowoomba Telegraph newspaper will close after confirming it would not be able to trade through liquidation.
Some staff yesterday cleaned out their desks before a meeting with representatives from liquidator BRI Ferrier.
The liquidator was appointed to the Telegraph's parent company Queensland Media Holdings earlier this month.
Its principal Moira Carter yesterday said Queensland Media Holdings' Mackay and Toowoomba telegraphs would not be published this week or going forward.
"The director (of Queensland Media Holdings) was anticipating obtaining sufficient funds from third parties to enable him to propose a Deed of Company Arrangement to his creditors," Ms Carter said.
"He has not been successful in obtaining the funding."
She said the funds also required to provide cash flow for the continued operations of the company were not forthcoming.
"This is not a decision made lightly by us, as it places in excess of 30 people out of work.
"Former staff will have access to the Government Employee Scheme for any entitlements due to them."
Telegraph reporter Chris Leslight this morning said the paper's general manager Adam Duffus had not worked at the Telegraph for about 10 days.
11am: THE Toowoomba Telegraph newspaper will close after confirming it would not be able to trade through liquidation.
Liquidator BRI Ferrier was appointed to the Telegraph's parent company Queensland Media Holdings earlier this month.
Telegraph reporter Chris Leslight this morning confirmed the Toowoomba operation would close.
"I can confirm it but that is as far as I will go," Mr Leslight said.
"A few people are cleaning up their desks."
He said the paper's general manager Adam Duffus had not worked at the Telegraph for about 10 days.
Toowoomba Chronicle
From the 6 days a week Toowoomba based paper. www.thechronicle.com.au/news/toowoomba-telegraph-close-following-liquidation/1966074
Staff out of work as Toowoomba Telegraph closes
31st Jul 2013 11:18 AM
Updated: 2:40 PM
Related Items
» Toowoomba Telegraph hopes to trade through liquidation
UPDATE: THE Toowoomba Telegraph newspaper will close after confirming it would not be able to trade through liquidation.
Some staff yesterday cleaned out their desks before a meeting with representatives from liquidator BRI Ferrier.
The liquidator was appointed to the Telegraph's parent company Queensland Media Holdings earlier this month.
Its principal Moira Carter yesterday said Queensland Media Holdings' Mackay and Toowoomba telegraphs would not be published this week or going forward.
"The director (of Queensland Media Holdings) was anticipating obtaining sufficient funds from third parties to enable him to propose a Deed of Company Arrangement to his creditors," Ms Carter said.
"He has not been successful in obtaining the funding."
She said the funds also required to provide cash flow for the continued operations of the company were not forthcoming.
"This is not a decision made lightly by us, as it places in excess of 30 people out of work.
"Former staff will have access to the Government Employee Scheme for any entitlements due to them."
Telegraph reporter Chris Leslight this morning said the paper's general manager Adam Duffus had not worked at the Telegraph for about 10 days.
11am: THE Toowoomba Telegraph newspaper will close after confirming it would not be able to trade through liquidation.
Liquidator BRI Ferrier was appointed to the Telegraph's parent company Queensland Media Holdings earlier this month.
Telegraph reporter Chris Leslight this morning confirmed the Toowoomba operation would close.
"I can confirm it but that is as far as I will go," Mr Leslight said.
"A few people are cleaning up their desks."
He said the paper's general manager Adam Duffus had not worked at the Telegraph for about 10 days.
Toowoomba Chronicle
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