The collapse of an embattled home improvements business has left almost 100 customers out of pocket hundreds of thousands of dollars in deposits, with patios and landscaping work left incomplete. perth-based Western Home Improvements was officially put into liquidation on Tuesday after the Wangara company struggled to find labour to complete the $1.2 million in…
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Creditors including multiple suppliers and contractors of a failed music festival will likely get nothing after the company behind The Grass is Greener was wound up with debts of over $3 million. Hand Picked Events and Marketing went into administration late last year after low ticket sales for its shows in Cairns and Geelong left…
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By OLIVIA DAY FOR DAILY MAIL AUSTRALIA and NCA NEWSWIRE Published: 12:23 AEST, 10 April 2024 | Updated: 13:53 AEST, 10 April 2024 Yet another construction company has collapsed, leaving dozens of homeowners with unfinished properties and uncertain futures. perth-based builder Start Right Homes appointed Anthony Warner from CRS Insolvency Services as the business liquidator…
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Rex Airlines has announced it has gone into voluntary administration and cancelled all flights between major airports. Rex’s website showed no available flights between the capital cities from Wednesday, with passengers advised they could rebook with Virgin at no extra cost. All regional planes are still flying as scheduled, but no New England centre is…
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The construction of the new sydney Fish Market has been overshadowed by allegations of bullying and financial exploitation involving construction giant Multiplex and one of its key subcontractors, Sharvain Facades. Earlier in March, Multiplex appealed for government assistance after Sharvain Facades, the subcontractor that designed and manufactured the scaled roof, went into voluntary administration. Sharvain…
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Mwave has secured a lifeline following the voluntary administration of its former holding company, Esel Pty Ltd. The digiDirect Group acquired the online technology retailer and offered employment opportunities to all its affected staff. Mwave is The digiDirect Group’s latest acquisition, following library supplier James Bennett in May and online bookstore Booktopia in August 2024.…
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The couple then signed in February 2024 with Ultimo Constructions, one of WA’s best boutique builders and five-time winner of the HIA Australian Professional Small Builder of the Year award. They were told the house would be built within nine months. Cynthia Lu and Yusuf Khan at the launch of Modco Residential.Credit: Facebook Fast forward…
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The notice was posted by the Tuition Protection Service (TPS), which outlined that operations ceased as of May 1, with Worrells appointed as the liquidator. “The Tuition Protection Service is in contact with Worrells to inform them of The Language Academy’s obligations to students and to determine how we can support The Language Academy and…
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Australian online book retailer Booktopia has gone into voluntary administration, leaving customers in the dark about the status of their orders. An “urgent assessment” of Booktopia’s assets has been flagged, with a possible sale or restructure the focus of three administrators from McGrathNicol Restructuring, who have been appointed to head the evaluation of Booktopia Group…
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Translated by Nazia BIBI KEENOO Published April 30, 2025 Jennyfer, a French fast-fashion chain catering to teens and young women, has filed for court-ordered liquidation after four decades in business. The ruling came on April 30 from the Bobigny commercial court, following a request from company management due to persistent financial hardship. The decision had…
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