Popular Tasmanian craft brewery Fox Friday and its subsidiaries have been placed into voluntary administration after facing significant financial challenges. Owners Sarah and Benn Hooper announced the appointment of McGrathNicol as administrator in a statement released today. The Hobart-based brewery operate the popular ‘Fox Friday’ branded bar on Murray Street in Hobart, alongside two other…
A Queensland building company has gone into liquidation owing about $20 million to creditors, many of which are unlikely to recover the full extent of their losses. Veteran construction company Stokes Wheeler had four projects under construction on the gold coast whose contracts have now been cancelled. The largest project, a block of 40 apartments…
By ASHLEY NICKEL FOR DAILY MAIL AUSTRALIA Published: 17:25 AEST, 15 April 2025 | Updated: 18:47 AEST, 15 April 2025 Creditors of a recently collapsed building company have been warned they’re unlikely to recover their money. gold coast construction company Stokes Wheeler owed staff up to $1.66million and unsecured creditors more than $13.5million when it entered administration…
A gold coast construction company has hit the wall amid questions over whether it held a proper licence to build. Qld Cedar Constructions, which has been operating in the Gold Coast since 2017 and specilaised in both commercial and domestic building projects, went into voluntary administration on April 28. It is the latest in a long…
By ELIZA MCPHEE FOR DAILY MAIL AUSTRALIA Published: 09:39 AEST, 24 January 2024 | Updated: 21:36 AEST, 24 January 2024 A major construction company that built houses across
Hundreds of unhappy customers have been left without both their money and their orders after a national furniture chain announced it had gone into administration. Johnny’s Furniture, which had 15 stores scattered across Queensland, New South Wales and Victoria, entered voluntary administration on Tuesday. Many customers have been left in the lurch with no guarantee…
An Australian technology company has collapsed, notifying all staff by email that their jobs are gone. melbourne-based E-Mersion Media (Aust) Pty Ltd, which had won big contracts with Formula 1 and world footballing body FIFA, has gone into liquidation. Registrar Kim Woronzcak ordered that the business be placed into liquidation ‘on the grounds of insolvency’…
Online rug retailer Miss Amara has relaunched YP Threads, a brisbane-based party shirt business that went into liquidation in June, after acquiring it for an undisclosed sum. The acquisition is somewhat unexpected, given Miss Amara targets a mostly female audience interested in interior design while YP Threads’ core customer is young men interested in partying.…