Personal insolvencies spike as business failures and economic strain take toll – SmartCompany

Data from the Australian Financial Security Authority (AFSA) has found a significant rise in personal insolvencies for the March 2024 quarter. According to the report, there has been a 19.5% increase compared to the same period last year. Unsurprisingly, economic challenges have been contributing to this rise, including cost of living pressures. However, a large…

Darlinghurst Theatre Company placed into Voluntary Administration – Australian Arts Review

In an announcement that has surprised many in Sydneys independent theatre sector, the Directors of Darlinghurst Theatre Company have resolved to place Darlinghurst Theatre Limited (Company) into Voluntary Administration. Jonathon Keenan and Peter Krejci of BRI Ferrier have been appointed Joint & Several Administrators of the Company. Given the Companys financial position, all trading has been suspended…

500 jobs at risk as company collapses – news.com.au

A farming business with operations across Australia has entered voluntary administration, putting some 500 jobs at risk. HS Fresh Food, which specialises in fresh salads, ready-made meals, snacks, food-to-go and pre-prepared vegetables products, collapsed on June 14, with FTI Consulting administrators Vaughan Strawbridge, Joanne Dunn and Ben Campbell brought in to restructure the troubled company.…

Tasmania-based HS Fresh Food enters voluntary administration, sale or restructure likely – Pulse Tasmania

Tasmanian-headquartered food business HS Fresh Food has been placed into voluntary administration, with a sale or restructure of the business likely. HS is a major supplier of salads and fresh produce to Coles and Woolworths and the parent company behind the brands Houstons Farm, Sunfresh, Gourmet Selections and HS Fresh Farms. Advertisement Administrators from FTI…

HS Fresh Food goes into voluntary administration: Company that supplied Coles and Woolworths goes bust with 50 – Daily Mail

Major food company went bust Some 500 jobs are at risk as a result  By Duncan Evans For Nca Newswire Published: 11:19 AEST, 18 June 2024 | Updated: 12:50 AEST, 18 June 2024 A farming business with operations across Australia has entered voluntary administration, putting some 500 … Read the full article at: https://www.dailymail.co.uk/news/article-13540639/HS-Fresh-Food-administration.html