Pro-Pac Packaging (ASX:PPG) Remains Suspended as Administration Process Continues

Highlights Pro-Pac Packaging (ASX:PPG) remains suspended from Quotation following the appointment of voluntary administrators in October 2025. The suspension relates to administration and financial reporting issues rather than unpaid listing fees. The company faces ASX deadlines linked to overdue reports and potential reinstatement requirements. Investors are monitoring restructuring outcomes, creditor recoveries…

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3000 hospitality closures as IRD enforcement bites

The number that should stop the recovery talk The hospitality squeeze has stopped being a margin problem and become a structural failure. Credit bureau Centrix confirmed on 1 September 2026 that 422 hospitality companies entered liquidation over the past year, up 42%, while another 2,900 businesses ceased trading altogether. Roughly 3,000 gone in twelve months.…