Rugby Australia has confirmed that the melbourne Rebels have entered voluntary administration, as hopes grow that the Victorian Government may emerge as a longer-term saviour of the franchise. News that administrators had been appointed to the Rebels emerged last week, with their total debts owing reported to be between $9-10m, as the club’s major sponsor…
One of the joint venture partners chosen to build perth‘s new maternity hospital has entered voluntary administration after months of uncertainty, but the Western Australian government is adamant the project remains on track. Global management firm FTI Consulting has been appointed to examine the financial position of builder Roberts Co and its parent entity, RCAH…
By NICHOLAS COMINO FOR DAILY MAIL AUSTRALIA Published: 16:34 AEST, 8 May 2025 | Updated: 11:59 AEST, 9 May 2025 An Australian bridal company beloved by stars and the high fashion world has entered voluntary administration unwelcome news for brides across the globe.Â
Leading Australian artists say the collapse of Sydney arts and cultural institution Carriageworks should be a âwake up callâ for governments to step in and help the struggling creative industries.Many arts and cultural organisations are suffering huge financial losses due to coronavirus restrictions imposed in various states.Carraigeworks in Redfern announced it was going into voluntary…
A luxury Australian bridal brand worn by some of Australia’s top celebrities and WAGS has entered voluntary administration with around 56 brides-to-be awaiting delivery of their dresses. Pallas Couture, established by designer Joy Morris in 2001, is known for premium wedding dresses that could cost as much as tens of thousands of dollars. Advisory firm…
melbourne-based craft brewery, Deeds Brewing, will close after it failed to find an investor to bail it out of voluntary administration. Deeds entered VA on 13 March. On Instagram, Founders Pat AlĂ© and Dean Milstein said their hearts were broken.  âWe have a very sad announcement for you all. We have made the difficult…
Asia Pacificâs leading independent spirits distributor Proof & Company has placed its Australian business into voluntary administration, citing âa local economic downturnâ and a âchangingâ Australian spirits industry landscape. The administration process applies solely to its Australian subsidiary SaâPere Drinks, which is currently trading as Proof & Company Australia and includes Australian brands such as…
A heavily pregnant woman is among Australians stranded in Vanuatu as the country’s national airline is placed into voluntary liquidation. On Thursday it emerged that all international flights scheduled on Air Vanuatu until Sunday had been cancelled, as the government “reviewed” the airline’s future. In a statement to media, Air Vanuatu confirmed international firm Ernst…
Booktopia has entered voluntary administration after failing to secure emergency funding. In an ASX announcement today, the book retailer said it had appointed McGrathNicol partners Keith Crawford, Matthew Caddy and Damien Pasfield to oversee the company’s restructuring. “The Administrators are undertaking an urgent assessment of Booktopia’s business while options for its sale and/or recapitalisation are…
Residential builder Inspired Homes has gone into voluntary administration, with McGrathNicol appointed to manage the company. Rob Kirman and Rob Brauer were today appointed as administrators of Wangara-based Inspired Property Group, trading as Inspired Homes. The update comes after the state government doubled down on its commitment to help Inspired Homes customers. Business News understands…