ARYZA appoints experienced insolvency practitioner – Insolvency News Online

Advertorial ARYZAs new head of corporate insolvency, Tom OConnor. Aryza, a leading provider of financial software solutions, announces the appointment of Tom OConnoras its Head of Corporate Insolvency. With an extensive career spanning over a decade in the insolvency sector and a proven track record in product development and client engagement, Tom brings invaluable experience…

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…

Australian farming business HS Fresh Food enters voluntary administration – FreshPlaza.com

Australian agribusiness HS Fresh Food, known for its fresh salads, ready-made meals, and pre-prepared vegetable products, has entered into voluntary administration, impacting around 500 jobs. The company, which operates under brands such as Houston’s Farm, Sunfresh, and Gourmet Selections, and supplies to major retailers like Coles and Woolworths, appointed FTI Consulting administrators Vaughan Strawbridge, Joanne…

Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

In short: Childcare group Precious Cargo has gone into voluntary administration. Founder and director Cheryl Shigrov says seven operating childcare centres are affected in South Australia. A further four non-trading entities are in liquidation. What’s next? She says the childcare centres will remain operational until a buyer is found. A Montessori childcare chain that has…

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…

Harbour views, poker machines not enough to save RSL club from cash woes – Sydney Morning Herald

Normal text sizeLarger text sizeVery large text size A historic club faces closure three months after it asked members to pledge $2000 following a hike in rental costs. Harbour views and poker machines were not enough to rescue The Kirribilli Club, which was placed in voluntary administration on Wednesday. The Kirribilli Club in Lavender Bay.Credit:…