Josh Goot Moves into Voluntary Administration – Broadsheet Melbourne
As celebrated luxury Australian designer Continue reading…
Super Rugby: Melbourne Rebels enter voluntary administration
The playing future of Wallabies stars Taniela Tupou and Andrew Kellaway are up in the air amid reports the cash-strapped melbourne Rebels have entered voluntary administration needing a bailout of up to $500,000 to pay players and staff. Less than a month out from their season-opening clash against the Brumbies on February 23, the Rebels…
Jean Nassif’s Toplace Box Hill Masterplan Site for Sale
One of beleaguered developer Toplace Group’s sites, in sydney’s Hills District, has come to market. The 4.3ha site at Box Hill, about 48km north-west of the Sydney CBD, has approval for a a 22,843sq m shopping centre and 660 apartments. Sydney developer Jean Nassif’s Toplace Group went into voluntary administration earlier this year, sparked by…
Sydney building company JCG Constructions collapses with almost $15m debts amid claims of building defects
An embattled sydney construction company has gone into voluntary administration after being hit with a potential $11.9 million in claims for alleged defects in an apartment building. Family owned business J & CG Constructions started in 1994 and it worked on multistorey apartments, offices, retail and commercial spaces. But in recent years, the owners from…
Federal Court challenge adjourned as Reacon restructure continues
The Federal Court injunction that attempted to wind-up Reacon Australia has been adjourned allowing more time for the business to be restructured. The wind-up order that was put forward by Reacon Australia creditors and heard in the Federal Court of Australia on Friday 11 April, has been adjourned to Friday 9 May. The administrators for…
Great Wrap enters voluntary administration
melbourne-based sustainable packaging company Great Wrap has entered voluntary administration with debts of about $39 million, following years of financial losses and shifting market conditions. Founded in 2019 by husband-and-wife team Jordy and Julia Kay, Great Wrap developed compostable cling wrap, catering wrap and pallet wrap made from food waste and plant-based polymers. It was…
Great Wrap enters administration with AU$39m debt
melbourne-based sustainable packaging company Great Wrap has entered voluntary administration with debts of about AU$39 million, following years of financial losses and shifting market conditions. Founded in 2019 by husband-and-wife team Jordy and Julia Kay, Great Wrap developed compostable cling wrap, catering wrap and pallet wrap made from food waste and plant-based polymers. It was…
Titans’ Property Trust in administration
The gold coast Titans’ Property Trust has been placed into voluntary administration in a move the organisation says will reduce debt across the group, and ensure the viability of the NRL franchise. The Titans say the move for the Property Trust, which is separate to the football club, will reduce significant debt and allow payments…
Old Young’s enters administration – Drinks Digest
Business West Australian distillery Old Young’s has entered voluntary administration, just weeks after being named Champion Distillery at the 2025 perth Royal Distilled Spirits Awards for the fourth time in six years. It follows the distiller raising more than $1.36 million in December 2024 from 392 investors on the Birchal platform to build an architectural and…
Phoenix Parramatta collapses – hospitality
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…