Valhalla Taproom and Valhalla Brewhouse founder reveals why Lotus Beer Co has entered administration

Lotus Beer Co, the Geelong craft beer company behind Valhalla Taproom and Valhalla Brewhall, has entered voluntary administration. Company founder Scott Hunt said skyrocketing operational costs and a dramatic down-tick in demand were behind the move. Scott Andersen and Matthew Kucianski from insolvency firm Worrells were appointed as the administrators on Monday. Know the news…

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Niche NSW Builder sMLXL Placed Into Liquidation, Mona Vale Golf Club A Victim – channelnews

Another start up NSW builder SMLXL has been placed into liquidation, leaving several major projects in a state of flux including Mona Vale Golf Course, who after recently gutting their current club house were suddenly advised that their builder SMLXL projects had suddenly and without warning been placed into liquidation. ChannelNews understands that both retailers…

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Perth home builder goes under

The business’s website is down but archived pages include a blog post from February that said the business had hired extra support staff and started up its own team of bricklayers to tackle its workload. “With supply chain issues and border restrictions, it’s fair to say WA builder’s have had to adapt (or bust)!,” it…

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Iconic Aussie vacuum retailer Godfreys collapses less than two months after going into voluntary administration

Godfreys Group today announced it will commence “a progressive wind-down of operations” in Australia and New Zealand after administrators were unable to find a new buyer. In a statement, administrators from PwC said that “after conducting a comprehensive process to identify a purchaser for the business” there were “no viable offers to take the business…

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