Botswana Butchery restaurants in Australia enter voluntary administration, White + Wong’s eateries also close

Voluntary Administration

A hospitality group operating popular New Zealand-founded restaurants Botswana Butchery and White + Wong’s will close its Australian eateries. Hospitality business Good Group Australia was thrust into voluntary administration on March 31, impacting the Botswana Butchery chain and three other Asian restaurants across the Tasman. New Zealand operations at Good Group are not affected. The…

Virgin Australia boss says no further redundancies are planned despite administration

Voluntary Administration

Virgin Australia’s CEO says no further redundancies have been planned as a result of the airline’s move into voluntary administration on Tuesday morning.  Airline boss Paul Scurrah said the development would not have an immediate impact on its operations. Virgin Australia CEO Paul Scurrah. Source: AAP “We have not changed anything in respect to the operations or the…

Hawkers Beer enters voluntary administration to facilitate financial restructuring – Brews News Australia

Voluntary Administration

Australian Brewers Guild Pty Ltd trading as “Hawkers Beer” (Hawkers) has announced they have appointed an administrator to help facilitate a financial restructuring of the business.  Hawkers is one of melbourne’s largest manufacturer and distributor of craft beers, based in Reservoir. DBA Reconstruction & Advisory as Administrator is supporting the continued operation of Hawkers, so…

Criniti Restaurant Group collapses into voluntary administration

Voluntary Administration

Italian restaurant chain Criniti’s has collapsed into voluntary administration as high overheads and low consumer spending wreak havoc on the group’s bottom line. Following a meeting on Monday, the Directors of Criniti Restaurant Group appointed Worrells Solvency and Forensic Accountants as administrators. The Criniti Group currently operates 13 venues in sydney, melbourne, perth and brisbane.…

Gold Coast brewery Black Hops teeters on the edge of collapse – here’s why the industry says so many craft brewers are going to the wall

Voluntary Administration

Another Australian brewery is in serious financial difficulty, following on from a series of craft brewers entering voluntary administration – and they all blame the same reason for their troubles.  The latest casualty is the gold coast-based Black Hops Brewing, which has gone into voluntary administration due to mounting tax debts. Like the many other…

Arnsforf closes citing retail sector challenges

Voluntary Administration

“Upon reflection, was my vision too ambitious? Can a business truly do better for people and planet and achieve commercial success?” James Bartle, founder of Outland Denim, the sustainable gold coast label favoured by Meghan, Duchess of Sussex, remains optimistic but is still looking for answers to Dai’s question. “You wouldn’t be in this game…