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The Victorian government’s financial troubles are widely documented. In 2023-24, the state had the nation’s highest per capita net debt and the lowest credit rating (AA). The trend growth in Victoria’s debt is equally alarming. The two leading international rating agencies, S&P and Moody’s, warned that if debt levels are not managed, Victoria’s credit rating…
On the 28th March 2025, Dr John Wood hosted a notable conference at Lancaster Castle, with Dr Sofia Ellina, Dr John Tribe, and Prof. Emeritus David Milman acting as chairs. The conference focused on the evolving landscape of insolvency law, with keynote papers provided by Paul Bannister, Head of Policy at…
Keppel Completes Voluntary Liquidation of Subsidiary TipRanks Read the original article here
Print and direct marketing businesses Reacon Australia and MMW3 Degrees have been placed into voluntary administration. One of the administrators Andrew Blundell of Cathro and Partners issued a statement today obtained by Sprinter. “On 8 April 2025, Andrew Blundell and Simon Cathro of Cathro and Partners were appointed administrators of Reacon Australia and MMW3 Degrees…
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, 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…
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, 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…
Dispute over unpaid rent by HBC At the heart of the court proceedings is a dispute over unpaid rent to RioCan-Hudson’s Bay JV, a joint venture between HBC and RioCan Real Estate Investment Trust. The retailer operates 12 stores in properties leased from the JV, but company lawyers argue that its current cash flow does…