Hello, it’s Harry here in Sydney. Here’s the news you need to start your day. Today’s must-reads:• Rex enters voluntary administration • BHP and Canva deals• Rio earnings Rex has entered into voluntary administration, the second domestic airline to fail this year in a market dominated by Qantas. Regional Express Holdings Ltd., as Rex is…
Please create an employee account to be able to mark statistics as favorites. Then you can access your favorite statistics via the star in the header. Register now Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set statistic alerts) please log in with your personal account. If…
$4m+ owed: How mining company collapse has hurt small business Rockhampton Morning Bulletin Read the original article here
In short: Australian book retailer Booktopia has gone into voluntary administration. The company has been trading at a loss for over a year and earlier made 50 staff redundant. What’s next? Administrators are looking at selling or restructuring the main Booktopia business and its three subsidiaries. Australian online book retailer Booktopia has gone into voluntary…
4 min read Last Updated : May 26 2024 | 11:11 PM IST In the three years since its launch, the prepackaged insolvency resolution process has had a slow start, with limited interest from micro, small, and medium enterprises (MSMEs) and lower recoveries than the normal corporate insolvency resolution process. In 2021…
The Advertiser Essentials $16 charged every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. This subscription entitles you to access 30 locked articles on The Advertiser website only within each subscription period, and does not…
End of story: ASX-listed online retailer Booktopia hits voluntary administration Startup Daily Read the original article here
Women walk past a closed Cafe Coffee Day shop in Srinagar, Wednesday, July 31, 2019. Photo: PTI 3 min read Last Updated : Aug 13 2024 | 1:53 PM IST Coffee Day Insolvency Proceedings NCLT: Coffee Day Enterprises share price were under pressure for a second day on Tuesday. At 1:20 PM, Coffee Day shares…
In short: The director of a festival company has been accused of trading while insolvent and using income generated from events to pay her personal rent, which she denies. Many artists, musicians and other contractors of The Gathering of the Goddesses festivals in Victoria and Tasmania say they were not paid for their work and…
Online book retailer Booktopia has appointed voluntary administrators after it failed to secure enough funding to avoid collapse. The Australian online business has appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee a sale, or the selling of parts. “The Administrators are undertaking an urgent assessment of Booktopia’s business while options for…