Phoenix Parramatta collapses – hospitality

Voluntary Administration

sydney Chinese restaurant Phoenix has been placed in voluntary administration after plummeting sales. The famed yum cha venue was the largest restaurant in Phoenix Restaurant Group’s portfolio and was in operation for approximately four years. The group has also placed another venue in voluntary administration, Mister Dee’s Kitchen in Darlinghurst. Insolvency firm Worrells has been…

Troubled Melbourne Rebels make Chief Executive and key staff redundant

Voluntary Administration

Uncertainty over the future of Super Rugby franchise the melbourne Rebels has risen with the financially stricken club yesterday making Chief Executive Baden Stephenson and nine other administrative staff redundant while high-performance staff, including Head Coach Kevin Foote and General Manager of Football Nick Stiles, have put on four-month Rugby Australia contracts. Having entered voluntary…