Australia’s third-largest airline has gone into voluntary administration and cancelled flights on some of its routes. Rex Airlines specialises in flying to dozens of smaller regional towns and cities across the country – many of which are not serviced by larger rivals Qantas and Virgin Australia. Trading in Rex shares was halted earlier this week…
Customers of Australian regional carrier JetGo have been told to contact their credit card companies after the airline grounded regular passenger services and entered voluntary administration. The airline announced June 1 it had appointed McLeod and Partners as administrators and that all operations had been “temporarily suspended”. It advised customers to contact their credit card…
Prominent perth hospitality and tourism operator The Prendiville Group has confirmed the purchase of bustling inner-city pub The brisbane Hotel after its previous owner went into voluntary administration. The family-run company added another iconic pub to its portfolio with the purchase of the hip watering hole on the corner of Beaufort and Brisbane streets after prominent…
SMB Advisory was appointed as liquidator on October 3, but met with Harrolds management in May, when it determined that a “liquidation scenario was the likely path forward”. Loading “I confirm that my investigations into the affairs of the Harrolds Group will include whether it traded whilst insolvent and whether the liquidator has a resulting…
Rork Projects’ John Paul Janke, front left, and Brian O’Rourke, front right, with staff. The company has been operating for 26 years. Photo: Rork Projects. Another building company with ACT connections has fallen to the conditions plaguing the industry. Rork Projects – Australia’s leading Indigenous construction company specialising in construction management, fit out and refurbishment…
Blockchain technology company, Everledger, has gone into voluntary administration after expected investor funding failed to materialise. Everledger was founded in 2015 by former Queensland chief entrepreneur,