Sunshine Private Hospital in St Albans is cancelling surgeries and relocating patients as it is placed into voluntary administration. First on ABC Radio melbourne Drive, administrators say there was no funding available to continue operating the hospital, which only opened last year. Dr Gareth Weston, a Monash IVF Fertility Specialist who works at Sunshine Private, told…
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Many Australians have been left stranded at airports across the country after budget airline Bonza “temporarily” suspended all flights on Tuesday. The company entered voluntary administration within hours of the cancellations, and the administrators have since confirmed the fleet will remain grounded until Thursday, May 2. Here’s what we know so far. First up, what is…
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In short: A private hospital in melbourne‘s western suburbs has entered voluntary administration. The $140 million Sunshine Private Hospital was opened in March 2023. What’s next? Surgeries have been cancelled, with patients to be transferred to other hospitals. The company behind Sunshine Private Hospital in Melbourne’s west has entered voluntary administration, forcing hospital management to cancel surgeries…
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Several major projects in Victoria and New South Wales have been hit after the melbourne-based construction company Lloyd Group was placed in voluntary administration with Deloitte. The collapse of the construction firm, which mostly specialises in state and local government work, has upended the progress of 59 projects in the two states, and impacted about…
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A building company linked to underworld figure Mick Gatto has been targeted in an online campaign by sub-contractors who say the company has ripped them off after they did work on apartment complexes. Key points: The building company is accused of hiding money while refusing to pay workers The company told creditors it was struggling…
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Grant Thornton have encouraged customers seeking refunds to get in touch directly, after some ticket-holders complained about being stonewalled. “I purchased a $200 ticket with them before lockdown and obviously never was able to go,” student Alanna Pow said. “I know they have gone into liquidation so would I even be able to get my…
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SINGAPORE – Singapore-listed oil and gas company Linc Energy was slapped on May 11 with a A$4.5 million (S$4.54 million) fine by the Brisbane District court for serious environmental damage at its underground coal gasification (UGC) plant in Darling Downs, west of Queensland. Linc Energy was found guilty on five counts of wilfully and unlawfully…
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The rescue plan, put forward by owners Nathaniel and Callum Reeve, has been signed off on by creditors who have settled for just 15c on the dollar. South East Brewing Company, which trades as Kaiju Beer, located in Dandenong South in the city’s southeast,
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A melbourne-based training provider that has been operating for 16 years has collapsed into voluntary administration. MWT Institute was founded in 1999 and specialises in accredited training in music, financial and community services. Andrew Yeo and Gess Rambaldi from Pitcher Partners were appointed administrators of MWT Institute on September 3. A meeting of creditors is…
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melbourne-based property developer Bensons Property Group has avoided being plunged into liquidation after creditors signed off on a rescue deal, settling for half of what they are owed. Bensons, which collapsed in December with more than 1000 homes under construction worth about $1.5b, owed creditors more than $811m. Among those owned money are builders, other…
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