Stranded buyers face deposit blow in $30m Vic caravan crash – Herald Sun
Stranded buyers face deposit blow in $30m Vic caravan crash Herald Sun Read the original article here
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REVEALED: Latest business liquidations in Cabonne – The Daily Telegraph
REVEALED: Latest business liquidations in Cabonne The Daily Telegraph Read the original article here
EcoLiv enters liquidation leaving modular homes unfinished
Victorian modular home builder EcoLiv Buildings Pty Ltd has entered liquidation, leaving at least seven modular homes unfinished and creditors owed more than $1.6 million. The Bass Coast-based company was placed into liquidation following a general meeting of members on 22 June, with Andrew Schwarz and Benjamin Conrad of AS Advisory appointed as joint liquidators…
Hobart bars close without warning as Pub Banc goes into administration
Seven of Hobart’s most well-known bars and restaurants have closed their doors without warning, as the hospitality group managing them collapsed into voluntary administration, citing rising costs and changing consumer behaviour. The Pub Banc Group operates Cargo Bar, Jack Greene, Post Street Social, Observatory Bar, Republic Bar, Franklin Wharf Restaurant and Bar and the Franklin Wharf…
Seven Hobart pubs and clubs close without warning
Rising expenses and cost-of-living tightening of purse strings have been blamed for the immediate closure of seven pubs and clubs in one capital city. The group managing the Hobart venues announced on Monday it was entering voluntary administration and an urgent sale process to find new buyers had been launched. Related Article Block Placeholder Article…
ASIC puts $3.66bn figure on retail’s 4-year insolvency toll
Retail trade accounted for 238 voluntary administration appointments between 2021 and 2025, according to a new report from the Australian Securities and Investments Commission (ASIC), with total liabilities of $3.66 billion and median liabilities of $2.10 million per appointment. The figures are contained in ASIC’s Report 836, which reviews voluntary administration and deed of company…