brisbane-based shipbuilding company Aluminium Boats Australia has collapsed into voluntary administration following the loss of one if its navy vessels in a massive fire earlier in the year. The company is the latest Australian manufacturing company to collapse, with FTI Consulting Group’s John Park and Kelly Trenfield appointed as administrators on Tuesday. A statement provided…
R&F launched sales for Brisbane 1 in November 2015 and says it has now sold A$67M in units at the A$400M project A subsidiary of China’s Guangzhou R&F Properties went into liquidation this month after the supreme court of the country’s Victoria state ordered the company be wound up, according to a report today in…
RugbyWA is going into voluntary administration, saying it can’t afford to pay costs being sought over two failed legal attempts to save the Western Force. The Force was axed earlier this year as the Australian Rugby Union sought to reduce the number of Australian teams in the Super Rugby competition. RugbyWA took legal action to…
melbourne-based luxury chocolate maker, Koko Black, went into voluntary administration this week. However, it will continue trading as normal as the Christmas period approaches. Founder Shane Hills opened the first Koko Black store in Melbourne in 2003, and the business has since grown to have 14 locations around Australia. Koko Black employs approximately 300 people…
George Calombaris has confirmed that Made Establishment is going into voluntary administration. In an Instagram post shared at 5.25pm on Monday afternoon, the celebrity chef announced that the embattled hospitality group – which owns
Captain Daniel Lang says he is happy to have a job at his local supermarket after working as a pilot at Virgin Australia for the last 12 years. In a statement to the ASX this morning, the airline announced it had entered voluntary administration. “It’s been a very tumultuous time,” Captain Lang told Virginia Trioli.…
A major pool company has suddenly collapsed, leaving clients with unfinished projects and a pile of dirt in their backyards. Scenic Pools, based in
An Australian health food company is going into voluntary administration. Halo Food Co Limited – which manufactures health, nutrition and sports products in both sydney and melbourne – went into administration on August 24. David Hardy, Ryan Eagle and Emily Seeckts from KPMG Australia were appointed as the receivers of the company and its entities…
In short: There is uncertainty about which of St Hilliers’ construction projects will resume after the company went into administration. It owes up to $10 million to subcontractors and suppliers and potentially up to another $20 million in other debt. What’s next? The administrators have asked for a three-month extension before the next creditors meeting. The…
A bride-to-be has revealed her ‘disappointment’ over being left without a wedding dress after popular sydney-based designer Johanna Johnson had her empire pushed into liquidation for owing more than $1 million to the Tax Office. Georgia Slade, 30, said she fell in love with the brand after seeing actor Zoe Ventura’s donning a Johanna Johnson…