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A significant business collapse today, electrical contractor PSG has gone bust and ceased operations immediately.


About 600 employees nationally, largely electricians and associated workers plus administration.


Vic - 200 workers. Tas - 200 workers. SA - about 100. Qld - about 100.


So not looking good there it seems. Also in the news, a smallish bus manufacturing company in SA has gone bust - roughly 50 jobs gone I think.:2twocents


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