The Fair Work Ombudsman alleges that workers were not being paid weekend and public holiday penalty rates, as well as annual leave loading and overtime rates and that previous information provided by the company indicated that it owed millions of Australian dollars to its workers. Despite being conceived by Heston Blumenthal, Dinner by Heston melbourne…
Details
Rex administrators have told hundreds of employees they are unlikely to receive their wages or any redundancy payouts for “months” with airlines expected to cease operations by the end of the day. Rex Airlines was placed into voluntary administration on late on Tuesday night after it entered a trading halt on the Australian Securities Exchange…
Details
A chain of Hawaiian-themed salad bars called Poked have collapsed, with the directors attributing repeat COVID-19 lockdowns in sydney and melbourne as the driving factors. Founded in 2016, Poked Group operates eight restaurants employing about 50 staff, with seven located across Melbourne’s CBD and one on Sydney’s George Street. The restaurants sell customisable salad bowls,…
Details
The Australian arm of a brisbane-based biotech company that struck a $300 million deal to send COVID-19 home testing kits to the US has gone into voluntary administration. A meeting of Ellume’s creditors is to be held later this month. Ellume’s US business is not affected. Ellume rose to prominence last year when it signed…
Details
The developer is behind many high-profile projects including the redevelopment of the Nylex site in Cremorne The company was founded 20 years ago by Joe Russo Has delivered over 3,000 apartments since inception melbourne-based developer Caydon Property Group has gone into liquidation. The developer, who is behind many high-profile projects including the redevelopment of the…
Details
An award-winning gold coast brewing company has gone into voluntary administration, leaving up to 70 jobs at risk. Black Hops Brewing confirmed the “tough decision” to customers and investors after tax debts left it unable to continue. The popular beer is stocked in bottle shops and bars across the country and produces more than a…
Details
A young couple who put $97,000 towards their dream home have been left with just a concrete slab after a major building company suddenly collapsed – leaving hundreds of customers in limbo. Bethany McLaughlin, 27, and her fiancé Joel Patty, 29, from
Details
A popular melbourne craft brewery has entered voluntary administration, thrusting the jobs of about 50 people into question. Deeds Brewing in Glen Iris appointed administrators this week for its four associated businesses including Deeds Group, Deeds Taproom, Deeds Brewing Company and Future Proof Distilling. Deloitte’s David Orr and Glen Kanevsky have been appointed as joint…
Details
Part of major property developer Caydon Property Group has collapsed and been placed into liquidation. The company says it has been dealt one difficult market situation after another, pointing the finger at prolonged COVID-19 lockdowns in
Details
perth-based fashion clothing company Jeanswest has become the latest Australian retailer to enter voluntary administration. Consultants Peter Gothard and James Stewart from KPMG have been called in to support with the process, as the company looks to restructure its Australian operations. Jeanswest was founded in 1972, and has since grown into a substantial international operation.…
Details