Brisbane Units Articles

BrisCon faces new test

BRISCONNECTIONS has withdrawn a fifth statutory demand for unpaid instalment fees, as lawyers for a man with a $1 million debt question whether their client owes the company any money at all.

BrisConnections in first-time payout

BRISCONNECTIONS unit holders will today finally get their first distribution payment - of .05 per stapled unit - 10 months after the company halted the payments to "preserve its capital".

BrisConnections wind-up bid fails

BRISCONNECTIONS unit holder Jim Byrnes has failed to have the company wound up in his attempt to block payment of the second instalment on its stapled units.

BrisCon after Bolton for $1.3m

INTERNET entrepreneur Nicholas Bolton is being pursed for $1.3million by BrisConnections which he owes for failing to pay the second instalment on the tollroad operator's partly-paid shares.

Industry Grows Around 'things We Don't Need'

MORE Australians are putting their possessions - or those they want to hide from spouses - in storage units, as the downsizing trend continues.