What’s next for Booktopia? – ABC listen

Voluntary Administration

Sally Sara: Book sales soared during the height of the pandemic when many Australians were in desperate search of a good read. But a major player in the industry has come crashing back to earth. The country’s biggest locally owned online bookseller, Booktopia, has gone into voluntary administration. And some local booksellers worry that it…

Is illegal phoenix activity rife among construction companies?

Liquidation

As the Senate Economic References Committee (SERC) begins its public hearings into insolvency in the Australian construction industry, the vexed issue of phoenixing deserves to be highlighted. It is generally believed that illegal phoenix activity – where a company is liquidated and rises again in a way that avoids paying creditors – is widespread in…