Creditors of Designer Homeware Australia Propriety Limited gathered today in sydney to meet with liquidator Joubert Insolvency. An upmarket appliance retailer with two showrooms, a commercial business and a transactional website, Designer Homeware was placed in liquidation on 2 January 2014. The agenda at the creditors meeting at the CTA Business Club in Martin Place…
The owner of a sydney cafe has allegedly threatened to put his business into liquidation if the Fair Work Ombudsman proceeds with legal action over underpayment allegations made by a former worker. The owner operator of Wild Sage Cafe in Cammeray, Arthur Antonopoulos, and his company Blue Hornsby Pty Ltd, are facing Federal Court…
An article published November 16, 2023 incorrectly reported that the company behind F45 South perth Gym had gone into liquidation. That is not correct. Sweet Carlton Ventures Pty Ltd has not collapsed and F45 South Perth Gym remains open. The article was intended to refer to an entirely different F45 studio in East Victoria Park. F45 South Perth Gym is…
A training college for China Southern Airlines pilots operating from perth‘s Jandakot Airport has gone into voluntary liquidation, with more than 60 local staff losing their jobs. Key points: The training college for China Southern Airlines had employed 62 local staff A liquidator hopes to sell the college’s 37 planes and Merredin Airport The Wheatbelt…
In short: perth builders Collier Homes was placed into liquidation earlier this week, after more than 60 years in operation. It is the latest in a series of building company collapses that have plagued the industry nationwide since the COVID pandemic. The WA government said it stood by its post-COVID stimulus packages that ‘turbo-charged’ the market.…
Former Australian fast bowler Brett Lee’s sydney Beer Co company owes nearly $10m to suppliers, documents show. Minutes of the first creditor meeting filed with the Australian Securities and Investments Commission show the beer company owed $9.76m to 64 creditors. The amounts include $1.3m to the tax office and $33,000 to former teammate Glenn McGrath’s…
Dyldam was once a towering force. Its apartments still line the streets and light up the skyline of western sydney. But for more than a decade, the Dyldam group has left a trail of misery behind it that includes bankrupt businesses, unpaid taxes, tradies denied payment for work they’ve done, suppliers ripped off, and anguished apartment…
Molly Rose Brewing, the Hot-Listed Collingwood bar and brewing company, went into liquidation this morning. Nic Sandery, who founded the company in 2017, announced the news via an Instagram post. “A combination of rapidly increasing costs of operations and a reduction in consumer sentiment have made our financial situation untenable and after exploring every possible…
Crown Group co-founder Paul Sathio, who lost control of the business when it was pushed into liquidation last year after 25 years of operation, finds himself a further $6 million out of pocket after failing to raise enough funds to buy one of his former company’s largest development sites. Crown Group, founded by Indonesia-born businessmen…
melbourne-based residential builder Kleev Homes Pty Ltd has been “wound up” this month, with liquidators appointed to dissolve the company. The decision to end the company was made at a general meeting of its members on July 5, according to a notice published by the Australian Securities and Investments Commission. Dozens of construction companies have…