Category Archives: Voluntary Administration

Accessories retailer Colette by Colette Hayman collapses into voluntary administration

Hundreds of jobs are under a cloud after Aussie-owned accessories retailer Colette by Colette Hayman collapsed into voluntary administration. There are 15 Colette stores in WA, including Joondalup, Innaloo, Morley, Booragoon, Watertown, Midland, Belmont, perth’s city centre, Carousel and Mandurah. The business will continue to trade while administrators Deloitte Restructuring Services seek either a recapitalisation…

Toowong Private Hospital’s voluntary administration signals wider systemic issues

Transcript: AMA Queensland President Dr Nick Yim, ABC Radio brisbane, Breakfast with Craig and Loretta, Monday 19 May 2025 Subject: Toowong Private Hospital in voluntary administration  LORETTA RYAN: Across the country, a growing number of private hospitals are facing an uphill battle to stay in business. A major contributing factor is the difference between the cost…

Melbourne Rebels enter voluntary administration, RA offers support for 2024

Rugby Australia has confirmed that the melbourne Rebels have entered voluntary administration, as hopes grow that the Victorian Government may emerge as a longer-term saviour of the franchise. News that administrators had been appointed to the Rebels emerged last week, with their total debts owing reported to be between $9-10m, as the club’s major sponsor…

Builder picked for new WA maternity hospital enters voluntary administration

One of the joint venture partners chosen to build perth‘s new maternity hospital has entered voluntary administration after months of uncertainty, but the Western Australian government is adamant the project remains on track. Global management firm FTI Consulting has been appointed to examine the financial position of builder Roberts Co and its parent entity, RCAH…

Fears for Australia’s arts industry after Sydney’s Carriageworks folds due to coronavirus

Leading Australian artists say the collapse of Sydney arts and cultural institution Carriageworks should be a “wake up call” for governments to step in and help the struggling creative industries.Many arts and cultural organisations are suffering huge financial losses due to coronavirus restrictions imposed in various states.Carraigeworks in Redfern announced it was going into voluntary…

Luxury bridal brand Pallas Couture in voluntary administration | Inner East Review

A luxury Australian bridal brand worn by some of Australia’s top celebrities and WAGS has entered voluntary administration with around 56 brides-to-be awaiting delivery of their dresses. Pallas Couture, established by designer Joy Morris in 2001, is known for premium wedding dresses that could cost as much as tens of thousands of dollars. Advisory firm…

Deeds Brewing folds after 8 years

melbourne-based craft brewery, Deeds Brewing, will close after it failed to find an investor to bail it out of voluntary administration. Deeds entered VA on 13 March. On Instagram, Founders Pat Alé and Dean Milstein said their hearts were broken.   “We have a very sad announcement for you all. We have made the difficult…

Proof & Company places Australian business into voluntary administration

Asia Pacific’s leading independent spirits distributor Proof & Company has placed its Australian business into voluntary administration, citing “a local economic downturn” and a “changing” Australian spirits industry landscape. The administration process applies solely to its Australian subsidiary Sa’Pere Drinks, which is currently trading as Proof & Company Australia and includes Australian brands such as…