By Scott Murdoch and Himanshi Akhand AUSTRALIA’S Star Entertainment is selling its half-share in a brisbane entertainment complex to its Hong Kong partners for A$53.0 million ($33.37 million), in a last-minute bailout for the cash-strapped casino group. Star has been trying to navigate mounting pressures to avoid voluntary administration. Its ASX-listed shares have been suspended as it has…
Details
Women’s fashion brand Bardot, which is headquartered in a historic Abbotsford warehouse on the banks of melbourne’s Yarra River, has entered voluntary administration. The clothes maker and retailer employs about 800 staff and trades from 72 Australian stores. Its competitors include local outfits Witchery, Sportsgirl and Country Road – as well as international brands, H&M…
Details
A Set small text size A Set the default text size A Set large text size The Rebels will take to the field in 2024 but their long-term future is on a knife’s edge, with voluntary administration looming for the melbourne-based Super Rugby franchise. It can be confirmed Rebels powerbrokers met with Wexted Advisors, who…
Details
Australian-owned and operated battery and smart inverter outfit Redback Technologies has announced the launch of its “next generation” home solar and battery range, just six months after a brief stint in voluntary administration. The brisbane-based company went into voluntary administration in March, just days after being a part of the Smart Energy Conference in sydney,…
Details
Credit: Hush Naidoo Jade Photography via Unsplash Marketing and technology group GrowthOps Australia has gone into voluntary administration, AdNews can reveal. GrowthOps formed in late 2017 as part of an eight-way merger, acquiring AJF Partnerships, 3wks, Digital Moshi, Institute of Executive Coaching and Leadership, jtribe, KDIS, Khemistry and Voodoo Creative. A local source told AdNews 18 people in…
DetailsCreditors of Designer Homeware Australia Propriety Limited gathered today in sydney to meet with liquidator Joubert Insolvency. An upmarket appliance retailer with two showrooms, a commercial business and a transactional website, Designer Homeware was placed in liquidation on 2 January 2014. The agenda at the creditors meeting at the CTA Business Club in Martin Place…
Details
The owner of a sydney cafe has allegedly threatened to put his business into liquidation if the Fair Work Ombudsman proceeds with legal action over underpayment allegations made by a former worker. The owner operator of Wild Sage Cafe in Cammeray, Arthur Antonopoulos, and his company Blue Hornsby Pty Ltd, are facing Federal Court…
Details
The death of a man with disability in NDIS-supported housing last month has sparked a police investigation and renewed calls for mandatory provider registration. The ABC can reveal a 42-year-old man died suddenly at a housing facility in the suburb of Acacia Ridge in Brisbane on March 14. The facility was run by a company…
Details
It was meant to be pay day for EC and M’s 400 strong workforce. But instead of getting their weekly wage, workers were yesterday called to a meeting at the Henderson headquarters and told to pack up their tools and head home. Peter Carter from the Electrical Trades Union says workers have been left in…
Details
In short: The Dolphin Discovery Centre, in WA’s South West, has gone into voluntary administration. The centre has faced challenging times since the COVID-19 pandemic, including staff shortages. What’s next: The attraction will remain open, but there will be some changes to its hospitality operations. A major WA tourist attraction that allows visitors to interact with dolphins…
Details