Features
Employees feeling effects of collapse
Mark Bode 14th April 2009
THE fallout from the dramatic collapse of Sunshine Coast-based whitegoods company Kleenmaid has spread, with claims the company has not paid a cent into the superannuation funds of its 245 employees this financial year.
Dozens of former staff members who left the Maroochydore company prior to its collapse on Thursday are believed to have also missed out on superannuation payments this fiscal year.
Hundreds of thousands of dollars in superannuation are at stake, as super is not covered under the Federal Government's General Employee Entitlements and Redundancy Scheme.
Staff learned of the illegal act when they received their superannuation statements for the current financial year and discovered a zero balance.
The new revelations come as 2800 trade creditors and an unknown number of Kleenmaid customers come to terms with the reality that the company has collapsed owing them an estimated $67 million.
The Kleenmaid Group went into voluntary liquidation late on Thursday, just hours after company founder Andrew Young told the Daily the company was not in trouble despite going through a tough time because of the economy.
A number of angry customers who had paid thousands of dollars worth of deposits on appliances reportedly confronted Mr Young outside the company's Maroochydore headquarters on Saturday.
It also emerged that a senior Kleenmaid executive sent a detailed report to the Australian Securities and Investments Commission four years ago, outlining allegations of improper dealings by the company.
The Daily's phones have run hot with calls - many of them from anonymous people claiming to be former Kleenmaid staff - outlining a range of allegations against Mr Young and his team.
“We knew it was coming - it was a surprise they lasted so long,” said one man.
“They should all be in jail,” said another.
A number of staff are believed to have lodged complaints with the Australian Tax Office over the lack of superannuation payments.
It is believed the ATO recently contacted Kleenmaid bosses about that issue.
“People are losing interest on their super as well,” a former employee said.
Another said the company owed her about $900 in superannuation.
She recently quit after not being paid her wages on time.
“It's not good (the failure to pay superannuation). It's illegal for a start,” she said.
“Employees are entitled to that money.”
It is believed the administrators will retain just 25 employees to help with the liquidation process.
The company was founded on the Sunshine Coast in 1985 and has a total of 20 outlets in NSW, Queensland, Victoria, South Australia and Western Australia and turned over $90 million last year.




















