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Government Subcontractor Collapse

Sector: Commercial • Location: Sydney, NSW, Australia

Source: AFR

Project
Cancelled

A Sydney subcontractor, M2 Sustainable Services trading as Metsquare 2, has collapsed owing nearly $30 million in taxes, leading to its liquidation by the Australian Taxation Office. The company was involved in major NSW government projects and had significant tax debts due to trading losses.

Status
Closed
Sector
Commercial, Residential, Government
Location
Sydney, NSW, Australia
Updated
22 Jul 2026
Source
AFR

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The project “Government Subcontractor Collapse” is an infrastructure initiative in the Commercial sector, located in Sydney, NSW, Australia. Taiyo aggregates data on it from AFR.

Participants

Not available for this record.

Status

Original status

cancelled

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A Sydney subcontractor, M2 Sustainable Services trading as Metsquare 2, has collapsed owing nearly $30 million in taxes, leading to its liquidation by the Australian Taxation Office. The company was involved in major NSW government projects and had significant tax debts due to trading losses.

Original sector

Construction

Budget

Location

Country

Australia

State

NSW

City

Sydney

Source

Source

AFR

URL

More Details

Record type

Project

Sector

Commercial, Residential, Government

Article published date

2025-03-07

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