Patients left ‘devastated’ as Canberra fully bulk-billed GP and allied health clinic enters voluntary administration

A fully bulk-billed GP and allied health clinic in Canberra’s south has closed its doors, making what it called a “deeply difficult and disappointing decision” to enter voluntary administration. The Interchange Health Co-operative (IHCO) in Tuggeranong, which had almost 5,000 patients on its books, went into administration after a board meeting yesterday. In a statement…

GrowthOps Australia Enters Voluntary Administration

GrowthOps Australia enters voluntary administration GrowthOps Australia, the marketing and technology group formed through an eight-way merger in late 2017, has entered voluntary administration.  The company, which acquired several agencies including AJF Partnerships, 3wks, and Voodoo Creative, has appointed Katherine Sozou and Damien Pasfield of McGrathNicol as liquidators.  The company’s directors have decided to voluntarily…

McLaren Vale winery goes into voluntary administration

Fox Creek Wines in McLaren Vale has gone into voluntary administration. KPMG Australia’s Tim Mableson and David Kidman have been appointed as voluntary administrators. They have assumed day-to-day control of the operations and will continue trading on a business-as-usual basis while a restructuring plan is developed for creditors’ consideration. Tim Mableson, Turnaround & Restructuring Partner,…

GrowthOps Australia Enters Voluntary Administration

GrowthOps Australia enters voluntary administration GrowthOps Australia, the marketing and technology group formed through an eight-way merger in late 2017, has entered voluntary administration.  The company, which acquired several agencies including AJF Partnerships, 3wks, and Voodoo Creative, has appointed Katherine Sozou and Damien Pasfield of McGrathNicol as liquidators.  The company’s directors have decided to voluntarily…

All staff made redundant as Scottish company collapses

Andrew P Orr (Decorators), founded 40 years ago and based in Coatbridge in Lanarkshire, had a turnover of nearly £3 million and employed 32 staff.  The business, which the joint provisional liquidators noted provided a wide range of painting and decorating and related services including expertise in environmentally friendly coatings and finishes, experienced “significant cashflow…

CBA implements HECS debt lending assistance

The major has announced policy to help those with student debt access funding for home loans. The Commonwealth Bank of Australia (CBA) has introduced changes to how HECS-HELP debt is assessed, allowing better access to funding. Coming into effect today (9 April), CBA will no longer consider HECS debt if it is due to be…