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…
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,
One of Australia’s oldest craft breweries has gone into administration as the horror year for independent beer producers continues. The Grand Ridge Brewing Company, a small beer maker based in the Strzelecki Ranges Victoria’s Gippsland region, called in administrators on March 25, it announced today. The company employs 10 people, and administrators Richard Lawrence and…
A former fitness training provider that operated for 30 years has entered voluntary administration, following an application from the Australian Tax Office to wind up the companies. Based in Queensland, the Fitlink Group was established in 1985 and provided fitness education and training as well as a labour hire business in the health and…
THE administrator of Linc Energy would like to strike a deal which would let the stricken firm stay afloat. PPB Advisory’s Grant Sparks said that he hopes a deed of company arrangement can be approved by creditors next month. Creditors held the their first meeting in brisbane today, where they learned that Sparks has advertised…
The Star hospitality operations in Queensland and NSW – including its hotel, restaurant and bars tenants – face an uncertain future if casino operator enters voluntary administration or has its administration enforced over poor financial results. “All bets are off,” said one hospitality operator insider if its landlord, The Star sydney, goes under. “It’s not…
A glamorous couple flaunted their lavish lifestyle before their building firm suddenly collapsed with some contractors claiming they are still owed money. Cynthia Lu and Yusuf Khan’s perth-based company Modco Residential announced it had entered voluntary administration on Monday. The organisation was launched in 2020 with an exclusive VIP party that was attended by Perth‘s…
A dispute between two of Australia’s best-known property companies has boiled over into public after builder Grocon put two subsidiaries into voluntary administration in the middle of a court battle with Dexus over a $28 million lease claim against it by the country’s largest office landlord. Grocon executive chairman Daniel Grollo on Friday called the…