Businesses that went bankrupt 2024: All the retailers, businesses, and companies that went bust in 2024 including Booktopia, Tupperware, and King Island Dairy

Popular Australian craft beer company Hawkers entered voluntary administration in early 2024, but its founder has insisted “it’s business as usual” for the team. The independent brewing company, based in Reservoir in Melbourne, announced in February it had appointed administrators. Hawkers founder and managing director, Mazen Hajjar, said the decision was made due to an…

Fears policymakers are not taking note of record insolvencies

Decade-high business insolvency figures may not speak for themselves, says NSW Small Business Commissioner Chris Lamont, who fears that ample data on SME hardships may go unconsidered by policymakers. Speaking at the Council of Small Business Organisations Australia (COSBOA) annual summit on Wednesday, Lamont said better regulation is equally as important to small businesses’ performance…

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