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.

Tony Abbott: Coalition in danger of becoming ‘Labor lite’

If only six members had changed their vote we would still have Tony Abbott as PM.

Abbott says he is disappointed and disillusioned with the government

Crikey! Why more crocs are heading south

Adam Britton of crocodile research and consulting organisation Big Gecko says the reptiles are on the move.

CROC MAP: Population boom and warmer waters drawing crocs south

MP calls for croc shooting safaris

Kennedy MP Bob Katter.

Katter says solution to crocs is a "swift, fast bullet"

Local Partners

The true cause of the Oscars bungle

THE Oscars have ended with a moment that left everyone speechless — but not in a way anyone expected.

HUGE OSCARS FAIL: Wrong film handed Best Picture award

Presenter Warren Beatty shows the envelope with the actual winner for best picture as host Jimmy Kimmel, left, looks on at the Oscars on Sunday, Feb. 26, 2017, at the Dolby Theatre in Los Angeles. The winner was originally announced as La La Land, but was later corrected to Moonlight.

IN A monumental stuff-up, La La Land incorrectly named Best Picture.

Blue Heelers' Ditch Davey joins 800 Words cast

Ditch Davey joins the cast of 800 Words as Terry, the younger brother of George, played by Erik Thomson.

George Turner's brother, Terry, arrives to Weld with a 'few demons'

Oscars winners 2017: Full list of Academy Award winners

Viola Davis accepts the award for best actress in a supporting role for Fences at the Oscars on Sunday, Feb. 26, 2017, at the Dolby Theatre in Los Angeles.

WHO won Oscars this year? Here’s a full list of every winner.

Why can’t Nicole Kidman clap properly?

Nicole Kidman's style of clapping has puzzled Oscars viewers.

FOR some reason, it seems Nicole doesn’t really know how to clap.

Muslim actor makes Oscars history

Mahershala Ali accepts the award for best actor in a supporting role for Moonlight at the Oscars on Sunday, Feb. 26, 2017, at the Dolby Theatre in Los Angeles.

MOONLIGHT star Mahershala Ali makes Academy Award history.

GALLERY: Sneak peek at hit children's show coming to Lismore

The Very Hungry Caterpillar Show is based on the children’s book of the same name, where Eric Carle’s stories that come to life on stage.

It includes 75 puppets and adapts four childrens books to the stage.

Mining homes dive: $600k homes sell for $120k-$300k

18 Yeates Street, Moranbah sold for $135,000 in December, after being repossessed by a bank. The owners bought for $545,000 in August, 2011.

The economy still has two speeds, but with a painful twist

The trick homeowners are using to buy more properties

Chantelle Subritzky leaves her home each week for Airbnb guests.

Queenslanders are going down this path to help pay their mortgages

Stunning home blends South Pacific beauty with Orient style

Immaculate residence with two outdoor living areas

$140k damage: landlord says property trashed, contaminated

He had what he calls "the tenants from hell"

Submarine, buses and 3000 tyres removed in $100K clean up

The list of things removed from this property is beyond astonishing

Ready to SELL your property?

Post Your Ad Here!