Bonza enters voluntary administration; Qantas, Jetstar, Virgin offer help for frustrated flyers

Voluntary Administration

Throwing the travel plans of thousands of passengers into disarray, Bonza has entered voluntary administration. [UPDATED 1 MAY 2024] Documents filed with the Australian Securities & Investments Commission (ASIC) Tuesday show the budget airline has appointed accounting firm Hall Chadwick as an external administrator. Tuesday morning, the airline announced it had cancelled several routes in its network. An…

Langford Jones Homes enters liquidation

Liquidation

Customers of Langford Jones Homes have been left in limbo after the melbourne-based homebuilder joined the raft of high-profile construction industry collapses last week, with a cyber attack just one of many reasons behind the company’s demise. Jonathon Colbran and Richard Stone Partners (RSM) were appointed on 30 June as joint and several liquidators to…

OBike pulls out of Melbourne and enters liquidation in Singapore: Why hasn’t bike-sharing kicked off in Australia?

Liquidation

It’s safe to say that bike-sharing companies in Australia haven’t had the smoothest ride over the past 12 months. From unhappy local councils, to melbourne’s former Lord Mayor declaring their bikes “clutter”, and users across the country gleefully dumping bikes in rivers, up trees, and on top of buildings, companies such as oBike and Ofo…

Kirribilli Club enters voluntary administration, to continue trading

Voluntary Administration

21 June 2024 The Kirribilli Club Board has stepped aside and appoint the services of SV Partners to act as Voluntary Administrators of the Kirribilli Club effective immediately. “Unfortunately, due to a combination of overwhelming financial, operational and hospitality market circumstances we have exhausted all available options and have not come to this conclusion lightly. Mr Hugh Armenis…