Most failed companies entering liquidation in Australia leave creditors with little or nothing, a new ASIC review has found – and the data arrives as insolvency continues to run at elevated levels across the economy. ASIC published Report 843 on Tuesday, examining 26,664 liquidation appointments between July 1, 2021 and June 30, 2025. The regulator…
REVEALED: Liquidator appointments for businesses in the Mosman council area for October 28 The Daily Telegraph Read the original article here
Court places Sunshine Coast solar firm into liquidation Toowoomba Chronicle Read the original article here
Freemantle Projects Ltd, founded in 2020, specialised in electrical installation services and worked with major clients including: Heathrow Airport British Airways Hermes Jet2 American Airlines The company offered a range of electrical solutions, from consultancy and design to installation, testing, and commissioning. The company’s website added: “We take pride in all of the projects and…
Voodoo Ray’s Limited passed a resolution to wind up voluntarily on 15 October, with Gary Steven Pettit of PBC Business Recovery & Insolvency Limited appointed liquidator the same day. Notices published in The Gazette on 21 October identify the company’s principal trading address as 95 Kingsland High Street in Dalston, where the pizza business launched…
Have you ever joined a travel club which provides holidays in luxurious locations on a timeshare basis? Well, Wendy Knowler reports that for years now, a club called Vacation Hub International (VHI) has dangled a ‘carrot’ in front of its members: Keep paying for 10 years and you’ll get a big chunk of your money…
Three lawyers got together to start Delta Law Corporation in June 2025, but their roots go back to their undergraduate days in the same cohort at the Singapore Management University. As their careers unfolded across several law firms, Cephas Yee, Joshua Tan and Sean Lee’s paths crossed repeatedly in the legal work trenches, enabling them…
The Australian company behind brake manufacturer Bendix has entered voluntary administration less than 12 months after celebrating its 70th anniversary. FMP Group (Australia) Pty Limited, whose name stands for Friction Materials Pacific, reportedly appointed Grant Thornton’s Tianne Nagy-Jones and Philip Campbell-Wilson as joint administrators on October 26, 2026. The first creditors’ meeting is scheduled for…
Value Industries delays Q2FY27 results citing unresolved insolvency proceedings scanx.trade Read the original article here
“It is slightly depressing as a journalist to constantly be talking about liquidations and companies going under,” he says. “The wider impact of it is the families behind them. These are mainly family-run businesses with staff who also have their own families. There is a massive domino effect.” Raynel says the reports he sees tell…