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Starlink rise and spectrum starvation blamed as rural internet provider Evolution Networks goes into liquidation

Manning told the Herald: “We have advertised the business for sale as a going concern. All interested parties should contact the liquidators as a priority. We are currently liaising with several interested parties.” The first liquidator’s report, released today, lists total assets and Evolution’s total deficit as “unknown” at this point. Funds on hand at…

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No Cookies | Herald Sun

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No Cookies | The Advertiser

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Great Wrap enters voluntary administration

Husband-and-wife-led material science company Great Wrap is in administration, with a reported $39 million in debts, citing a slump in demand as retailers and FMCG businesses began to recycle plastic in-house. Great Wrap was founded in 2019 by Jordy and Julia Kay, a winemaker and an architect respectively. They launched their first stretch wrap product…

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