VFX and post-production business Cutting Edge has officially entered into a Creditors’ Voluntary Liquidation, less than a year after being announced as one of the first recipients of the Queensland Government’s $5 million Capital Grants program. According to a public notice from the Australian Securities and Investments Commission (ASIC), the company was placed into liquidation…
Port melbourne based signage and built-brand company Adherettes has gone into voluntary liquidation with its liquidators, Pitcher Partners, actively seeking expressions of interest for the sale of the former. Pitcher Partners liquidators Andrew Yeo and Gess Rambaldi are in the process of selecting a new owner for Adherettes and are calling on the last of…
A melbourne-BASED theatre company that has received more than $800,000 in federal government grants since December 2010 has gone into liquidation owing the Australian Taxation Office almost $700,000. HIT Productions, which is based in Beaumaris and run by 54-year-old actor-producer Christine Harris, entered liquidation on December 22 with debts totalling about $1.8 million. Liquidation: Christine…
Hobart-based premium appliance retailer Elite Appliances has been placed into liquidation in a move that has shocked the industry. “Notice is given that at a general meeting of the members of the Company held on 30 June 2025, it was resolved that the Company be wound up and Adam Johnston be appointed liquidator(s),” said a…
An Australian theatre production company that staged major musical tours has collapsed with debts totalling $7.5 million, leaving dozens of performers and crew unpaid and prompting anger over a new business already producing shows under the same leadership. David Venn Enterprises, the firm behind large-scale productions such as Elvis: A Musical Revolution and Cruel Intentions:…
A small business owner has opened up about the difficulties of managing cashflow in a growing business, after his personal training company Rapid Personal Training entered liquidation yesterday. Insolvency firm Hogan and Sprowles has been appointed to manage the liquidation of Rapid PT, which employs three full-time staff and 17 contractors, and has seven locations spread across sydney and…
Former Australian fast bowler Brett Lee’s collapsed beer company has been thrown a lifeline after creditors backed a rescue deal. sydney Beer Co collapsed in March this year after failing to successfully trade, according to documents filed to the Australian Securities and Investments Commission. Being founded in 2016, the lager was distributed to 350 venues…
The mother of a man who headed a disability housing provider that entered liquidation days after an NDIS participant died, has been able to start a near-identical business on the same premises. In April, ABC NEWS revealed the death of a man with disability at housing owned by an NDIS provider in the brisbane suburb…
Roberts Co Tycoon Andrew Roberts has proposed a deal for his collapsed building empire that will see him tip in about $20m to pay staff, but some tradies and larger creditors are likely to be short-changed in the fallout from the construction company’s insolvency. The son of Multiplex founder John Roberts will exit his costly…
TWO of the gold coast’s most acclaimed eateries owe $40,000 superannuation to 44 staff who may never get it back. Documents lodged with the corporate regulator also show they owed $717,352 in tax, $17,000 to American Express and that the companies loaned almost $200,000 to a related company before they went into liquidation last week.…