Sydney Based Online Booking Company Goes Bust – Karryon

Fly365, an Aussie online flight booking company, with links to collapsed budget airfare company Bestjet, has left travellers out of pocket after it entered voluntary administration on Friday. sydney-based Fly365 deactivated both its website and Facebook page last week, leaving customers who believed they had secured flight bookings with little information about how to recover…

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Sage Institute of Fitness enters voluntary administration

Following the Federal Government’s crackdown on the vocational education sector, troubled fitness college network the Sage Institute of Fitness has reportedly entered voluntary administration. The sydney Morning Herald has reported that administrator Ferrier Hodgson, which has taken over three of Australia’s largest collapsed colleges, Phoenix, the Australian Institute of Professional Education and the Australian Careers…

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NSW government backs multimillion-dollar lifeline for Sydney arts hub Carriageworks | Sydney

sydney arts institution Carriageworks has been saved from administration after the NSW government backed a multi-million dollar lifeline from a group of 15 philanthropists. The multi-arts organisation that operates performance and gallery spaces in repurposed 1880s locomotive workshops in Sydney’s inner west owes more than $2m to more than 140 creditors, and went into voluntary…

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Brisbane’s HX Food enters liquidation

brisbane-based company HX Food Groups (Aus) Pty Ltd has gone into liquidation, and Grain Trade Australia has advised its members via a notice issued today. Grain Central understands a number of traders and service providers in southern Queensland are owed money by the company in relation to containerised sorghum exports. The company’s registered address is…

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Adriano Zumbo’s businesses placed into voluntary administration, with debts reportedly as high as $10 million

Famous celebrity pastry chef Adriano Zumbo’s businesses are reportedly facing a $10 million debt to creditors after three of his sweets-serving companies have entered voluntary administration. The companies, 611 Pty Ltd, Mel611 Pty Ltd and I’m So Fancy Pty Ltd had administrators DW Advisory appointed on July 22. The first two companies operate eight Zumbo…

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