A major Australian food and cooking supplies operator has gone into voluntary administration after almost four decades in business. The Essential Ingredient sells speciality ingredients, professional cookware, kitchen equipment, culinary books and more. It has been featured in Gourmet Traveller, Good Food, Broadsheet, The Australian Women’s Weekly, Country Style and on MasterChef. Know the news…
The state government has implored Western Australia’s construction industry to take on the 400 employees left jobless after the forced collapse of a major traffic contractor. David Hodgson and Andrew Hewitt of Grant Thornton were appointed liquidators for Advanced Traffic Management (WA) on Tuesday after the Federal Court ordered the company be wound up, with…
Australian regional carrier Rex Airlines announced that it has entered voluntary administration just weeks after its former chairman pushed to eject the company’s entire board after being voted out of his role. The announcement was made on July 30, 2024 by accounting and consulting firm Ernst and Young Australia, which was appointed Joint and Several…
Beloved sydney pasta restaurant, A tavola, which traded for 15 years, has collapsed into liquidation along with five sister companies, sacking all staff and owing creditors hundreds of thousands of dollars. The other affected businesses are Flour Eggs Water Surry Hills and meatball restaurant Palle, which both traded out of Sydney’s Tramsheds development, along with…
Virgin Australia will honour the bookings of Rex passengers after the country’s third largest regional airline collapsed. Regional Express Holdings Limited went into voluntary administration on Tuesday evening, with the airline’s domestic fleet of Boeing 737 services now grounded. While flights between regional locations remain unaffected, flights between major domestic airports have been cancelled. Virgin…
An independent Western Australian building company attached to a major national construction franchise has collapsed into liquidation. On Thursday afternoon, RPH Australia Pty Ltd appointed Robert Brauer and Linda Smith of insolvency firm McGrath Nicol as voluntary liquidators. RPH Australia Pty Ltd was trading under the name GJ Gardner perth West as it was part…
Australian battery manufacturer Redflow has entered voluntary administration after failing to secure capital to upscale its X10 battery for larger projects. August 23, 2024 Ev Foley From pv magazine Australia Redflow, a brisbane-based zinc-bromine flow battery producer, has entered into voluntary administration after failing to secure capital to scale up its X10 battery to target…
The director of a failed building company has not been contactable for months, all while the liquidator claims she pocketed $861,000 of the business’s funds prior to its collapse. News.com.au can reveal that in May, sydney-based Workspace One Pty Ltd went into liquidation with liabilities of $845,000. The construction firm specialised in refurbishing office spaces…
High profile drone maker Swoop Aero has entered voluntary administration, one of its founders, Eric Peck announced today. The administrators are BPS Reconstruction and Recovery in melbourne, and were appointed on October 14, for Swoop Aero associate company Kookaburra Aerospace as well. “This was a strategic decision made by our board to protect the long-term interests…
A company linked to a major Australian builder is on the brink of possible collapse over a $22 million unpaid tax debt. Last Friday, the Deputy Commissioner of Taxation took a building related company called ACN 152 259 839 Pty Ltd to the Federal Court calling for the business to be wound up on the…