melbourne-based medtech startup Seer Medical has been revived from voluntary administration thanks to a $40 million investment deal involving former backer Breakthrough Victoria and Cadwell Industries, one of the world’s largest neurodiagnostic equipment manufacturers. Seer will join Cadwell Industries’ portfolio as part of the investment deal, which also includes Singapore-based TrialCap. Administrators from Pitcher Partners…
Mobile phone retailer Allphones has gone into voluntary administration, immediately axing 69 staff and closing 18 stores. The national retailer, whose name was emblazoned on sydney’s Super Dome stadium as ‘Allphones Arena’ for five years, operated 84 stores across Australia with 440 staff. PPB Advisory has been appointed voluntary administrators. The Allphones Group was aquired…
Five trucks wait their turn early this year to unload chickpeas for transfer on to a vessel at the Wagner’s wharf at Pinkenba, one of Brisbane’s four grain-export terminals. Photo: JSM Bulk Shipping GRAIN storage and logistics company JSM Bulk Shipping and associated entity Rain-Ag Shipping Services have gone into liquidation, effective August 21. Out…
Red dust, huge crowds and raging bulls are back in action at Mount Isa Rodeo, and the outback legacy is here to stay. Almost 2,000 kilometres north-west of brisbane, it’s not the outback city’s first rodeo. And thanks to a team of dedicated volunteers, it won’t be the last. “The vibes are electric, it’s the…