Hundreds of Australian students were facing the collective loss of more than $2 million they paid in advance for overseas school trips after a travel company went into liquidation.
Key points:
A firm has been appointed liquidator for Educational World Travel (EWT), being used to organise end-of-year student tours to the United States for 2021.
Liquidator David Coyne, of BRI Ferrier, said more than 800 students and their families were owed a total of $2.3 million by EWT.
The company’s collapse affected students from New South Wales, Queensland and Victoria.
Terry Steele, from Bathurst in central-western New South Wales, said his family had already paid $2,000 to the company for his daughter’s trip, which had a total cost of about $6,000.
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Read the full article at: https://www.abc.net.au/news/2020-12-04/educational-world-travel-in-liquidation-students-lose-millions/12947422