A week after it was put into voluntary administration, the official Liquidator for the brisbane Baroque Festival has issued a report that puts the company’s total liabilities at $994,762, almost $200,000 higher than previous estimates. Mayfields Business Advisors also suggests that there is “ample public evidence to suggest that the directors may have traded whilst…
An online flight booking company with links to collapsed budget airfare company Bestjet has left travellers thousands of dollars out of pocket after it entered voluntary administration just days after customers say they handed over money to the firm. sydney-based Fly365 appointed a voluntary administrator on Friday, wiping both its website and Facebook page and…
sydney Beer Co has joined the list of Australian breweries to be put into voluntary administration, just months after expanding into the United States. The brewery, co-owned by former Australian fast bowler Brett Lee and acclaimed writer and actor Matt Nable, had recently raised over $6m to fund its expansion into the US. RSM Australian…
By MAX ALDRED FOR DAILY MAIL AUSTRALIA Published: 08:42 AEDT, 17 March 2025 | Updated: 09:06 AEDT, 17 March 2025 A firm behind several major construction projects has gone into voluntary administration just weeks after completing a key project on the
The pandemic and the end of JobKeeper has pushed one of Australia’s biggest hostel groups into administration but the directors are hopeful the business will thrive after it’s restructured. Tourism Adventure Group (TAG), which went into voluntary administration at the end of June, had its second creditors meeting on Friday. In the meeting, landlords, employees,…
Virgin Australia announces support for Rex customers and people https://www.virginaustralia.com/au/en/_cookiesAcceptance/ disabled Mode This is a difficult moment for Australian aviation with Rex entering voluntary administration and announcing the immediate suspension of its 737 jet operations. It is also a reminder of the challenging nature of our industry. Attributable to Virgin Australia Group CEO Jayne Hrdlicka: …
A chain of high-end steakhouses has been shut down after the company that runs them went into voluntary administration. Botswana Butchery’s venues in sydney, Canberra and melbourne stopped trading yesterday, administrators BDO Australia said in a statement. The venues were known for selling expensive cuts of meat, with one $500 dish boasting a 1.6-kilogram wagyu…
New York-based Australian designer Dion Lee has placed his Australian business under voluntary administration. Dion Lee places Australian business into voluntary administration amid industry struggles. – Dion Lee The administration is being overseen by Antony Resnick of the Australian insolvency firm DVT Group. The move follows the withdrawal of investment and partnership by Australian brand…
Red Lea Chickens was placed into voluntary administration last week sydney chicken supplier said it has ‘no alternative’ but to wind down operations The supplier’s plant in Blacktown, in Sydney’s west, has operated since 1957 Workers learned their fate at a meeting held by administrators on Tuesday By AUSTRALIAN ASSOCIATED PRESS Published: 22:07 AEDT, 3 April 2018…
Rex Airlines has entered into voluntary administration as of 30th July 2024, with all flights cancelled between major airports. The Rex Group’s entire domestic fleet of nine Boeing 737-800 jets are now grounded until further notice, but the airline stresses that all regional flights are still operating as scheduled. Ernst & Young has been appointed…