A rehabilitation facility at the centre of mistreatment and abuse allegations has gone into voluntary administration, effective from Wednesday. The development was confirmed by Esther Foundation’s interim CEO Phil Sparrow and came as a growing number of women spoke out about allegations of abuse. In a statement, the Esther Foundation said recent media coverage had caused…
Circaâs Peepshow at Castlemaine State Festival 2019.Credit: Carl Dziunka While trouble surrounding music festivals has dominated headlines in the past year, some locals have pointed to more specific issues contributing to the losses incurred at the most recent Castlemaine festivals. Loading Former Castlemaine Festival board member Mark Anstey, who served from 2010 to 2018, says…
Budget airline Bonza has fallen into voluntary administration after passengers were left scrambling to find seats on planes following sudden cancellations. Travellers were left stranded in airports across Australia on Tuesday morning amid urgent talks about the future of the airline. ASIC records on Tuesday afternoon showed the company appointed external administrators, named as Hall…
In short: Creditors have approved a financial rescue plan for the melbourne Rebels in a boost to the embattled club’s chances of survival. The Rebels went into administration in January with debts of over $20 million. What’s next? The plan is contingent on Rugby Australia awarding the new consortium a license. Creditors have voted to accept…
The fall of perth builder Clough into voluntary administration after more than a century in business marks the latest in a string of local builders to hit troubled waters. Key points: WA building giant Clough has entered voluntary administration The administration is being overseen by Deloitte The delivery of several big projects is now in doubt…
Image source: Linkedin sydney-based print broker Mesh Direct has gone into voluntary administration with several printers caught up in the collapse of the company. Mesh Direct owes a number of wide format printers hundreds of thousands of dollars as well as staff entitlements of more than $250,000 â with total debt calculated to be $1,924,086.53.…
Another construction giant has collapsed, putting the jobs of more than 1200 Australians in jeopardy and impacting the Snowy 2.0 hydropower project. Clough announced today it was being placed into voluntary administration. The perth-based engineering group has been involved in numerous large-scale infrastructure projects around the country, including hydropower, energy, transport and mining. Clough has…
By Wayne Robinson | 17 April 2024 Mesh Direct Media is in voluntary administration, the sydney based large format print manager going down with debts of $1.9m, with several print businesses owed substantial sums. Organised by Mesh Direct: The huge Woolworth’s job in Sydney CBD The company specialised in large site signage, organising work for…
After 14 fruitful, award-winning years, Glen Iris taproom and brewery Deeds will be wound down this week. Sibling business Future Proof Distilling, which operates from the same building, is also shuttering. Independent breweries around Australia are struggling. In the past 12 months at least a dozen have entered voluntary administration, including Big Shed in Adelaide,…
Aï»żnother Western Australian construction company has collapsed blaming increased material costs and labour shortages as well as “distrust” amongst the business’ stakeholders. Modco Residential, owned by Yusuf Khan and Cynthia Lu, is a perth-based construction company specialising in building steel-framed homes and was launched in 2020. But the business entered voluntary administrationï»ż on Monday. Modco…