April 1 2025, 4:45 pm | BY Ricki Green | No Comments GrowthOps, owned by Trimantium, has entered voluntary administration, placing all its businesses—including brisbane full-service agency Khemistry, sydney PR agency Forward and several others—into liquidation. According to sources, all operations have ceased, and staff have been stood down. GrowthOps, founded by Phillip Kingston,…
A popular Sydney nightclub has been placed into liquidation. GKIII Hospitality Group Pty Ltd, which operates The Carter Sydney, was ordered into liquidation on Monday by the NSW Supreme Court, terminating a restructuring plan the company was undergoing. GKIII Hospitality Group Pty Ltd, which operates The Carter Sydney, was ordered into liquidation on Monday by…
The Publican Group business was quietly placed into voluntary administration at the end of last year, after selling off all of its assets to Australian Venue Co. The Australian Securities and Investments Commission published that Richard Albarran, Cameron Shaw and Carl Huxtable of Chadwick Hall were appointed as administrators of the Publican Group in mid-December.…
Molly Rose Brewing, the Hot-Listed Collingwood bar and brewing company, went into liquidation this morning. Nic Sandery, who founded the company in 2017, announced the news via an Instagram post. “A combination of rapidly increasing costs of operations and a reduction in consumer sentiment have made our financial situation untenable and after exploring every possible…
A string of Brisbane bakeries and other hospitality venues run by award-winning chef Shannon Kellam have shut down, with the company behind them collapsing and 90 staff losing their jobs. Kellam’s BCN Events Group, which runs a number of hospitality businesses including King Street Bakery and Mica Patteserie, called in Mark Holland, Jamie Harris and…
Crown Group co-founder Paul Sathio, who lost control of the business when it was pushed into liquidation last year after 25 years of operation, finds himself a further $6 million out of pocket after failing to raise enough funds to buy one of his former company’s largest development sites. Crown Group, founded by Indonesia-born businessmen…
Another Australian building company is in trouble, with Victorian-based builders Harmac Group calling in administrators. The firm on Wednesday confirmed they have gone into voluntary administration, but deny they’ve collapsed, insisting they’ll work with administrators Cor Cordis in order to complete current contracts. The administrators will examine four subsidiaries under the Harmac umbrella, including; Harmac…
The melbourne Rebels is expected to fall into voluntary administration as early as Thursday afternoon, adding to a long list of companies chaired by businessman Paul Docherty that have collapsed in the last two months. The Australian Financial Review revealed last month that the rugby union club had outstanding tax bills and stadium fees that…
Rugby Australia is working with the debt-ridden melbourne Rebels to ensure they field a team in this year’s Super Rugby Pacific competition but has offered no guarantees beyond that. Key points: Embattled Super Rugby club Melbourne Rebels have entered voluntary administration just a month before the season kicks off The Rebels are believed to be…
