Streetwear brand Geedup enters liquidation after ATO wind-up

Liquidation

The Australian Taxation Office has succeeded in its bid to wind up sydney streetwear brand Geedup, after investigations into the collapsed business uncovered alleged tax debts of $2.2 million. Founded in 2010, Geedup built a cult following for its bold designs and limited-edition apparel, with some ‘drops’ selling out in just minutes. Its success catapulted…

Tech startup network Fishburners enters administration | Information Age

Voluntary Administration

Fisburners ‘will continue to trade as usual’ as administrators KPMG get to work. Image: Fishburners / Facebook Australian’s largest tech startup community, Fishburners, has entered voluntary administration. Professional services giant KPMG confirmed on Thursday that it has been appointed administrator of the nonprofit “to facilitate a strategic restructuring of the organisation”. An administration notice has…