EXCLUSIVE: Multi Million Dollar Retailer Collapse Rocks Australian Distributors After Business Placed Into Liquidation – channelnews

One of Australia’s most dramatic technology sector collapses has left some of the nation’s largest IT distributors facing losses exceeding $14 million, raising serious questions about credit controls, supplier exposure, and how a relatively small Victorian retailer was able to accumulate such substantial debts in just a few years. Metrocom AU Pty Ltd, the owner…

Aussie budget holiday firm AVG Travels collapses

An Aussie holiday firm that boasted that its customers could “travel more and spend less” has plunged into liquidation. melbourne-based AVG Travels, which offered discounted international travel to thousands of Aussies, appointed liquidators this week – leaving customers scrambling to fix their plans. The announcement follows days of uncertainty for customers, who reported their tours…

AVG Travels enters liquidation a week after customers report cancelled tours

An Australian travel company selling heavily discounted international holidays has collapsed, leaving customers scrambling and their plans in disarray. Today, liquidators were appointed to melbourne-based agency AVG Travels, which promoted cut-price flight and tour packages to destinations across the world. It followed days of growing concern for customers who had reported their tours being cancelled…

Gold Coast travel brand Kooshy Kids collapses into liquidation

A mumpreneur’s kid-centred travel brand has crumbled amid serious debt, with the founder now leading customers to her own “dupe” business. Trump calls off an attack on Iran but warns Tehran that Washington will strike if Iranian leaders don’t give up their nuclear ambitions, US authorities provide an update on the deadly mosque shooting. Plus,…

Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout

Boost Juice’s parent company has stepped in to rescue four long-running stores after the franchise operator behind the locations collapsed earlier this month. Boots Juice confirmed on Friday it would temporarily take over management of the stores at Robina, Australia Fair, Paradise Centre and Surfers Paradise on Queensland’s gold coast, after Abadell Pty Ltd was…