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Friday, 10 July 2015

SMEs forced to use credit cards, personal loans for finance: Small Business Commissioner

Access to finance is still a significant barrier for Australian small businesses, with entrepreneurs increasingly turning to credit cards, family and personal loans to fund their ventures. by Renee Thompson
 

Thursday, 9 July 2015

Family-owned kitchen manufacturer Niaz Kitchens collapses after 29 years in business

A family-owned business specialising in manufacturing kitchen fit-outs has collapsed into voluntary administration. by Eloise Keating
 

Wednesday, 1 July 2015

Working seven days a week for no wage: Franchisee claims Wendy’s breached duty of care as landlord locks him out of his store

A Wendy’s franchisee, who was locked out of the store he owned and operated for more than two years, claims the ice cream and hot dog chain breached its duty of care. by Eloise Keating
 

Friday, 5 June 2015

Fashion house that has operated since 1996 collapses into voluntary administration

A Melbourne-based clothing manufacturer and wholesaler founded in 1996 has entered voluntary administration. by Eloise Keating
 

Monday, 1 June 2015

Iconic Queensland restaurant and food festival collapses

The parent company of an iconic Noosa restaurant, which also owns and operates the major food and wine festival in the region, has collapsed into voluntary administration. by Kirsten Robb
 

Tuesday, 26 May 2015

Thousands of insolvent businesses could be saved with new safe harbour laws, says liquidator

Around one-third of businesses liquidated could be saved and billions of dollars recovered for the Australian economy if the government adopts draft safe harbour recommendations from the Productivity Commission. by Kirsten Robb
 

Tuesday, 19 May 2015

Vocation forced to repay $8 million and withdraw thousands of students’ qualifications

Troubled training provider Vocation has been forced to repay $8 million in funding to the Victorian government as it seeks to regain an even keel in the industry. by Kirsten Robb
 

Monday, 18 May 2015

MissChu 2.0: Turnaround specialists Mawsons reveal control of 75% of MissChu and outline expansion plans

The Melbourne-based restructuring firm that helped turn around jewellery chain Bevilles has taken charge of Vietnamese restaurant chain MissChu and has plans to open more pop-up shops and expand the company’s catering service. by Eloise Keating
 

Tuesday, 12 May 2015

83-year-old business W.E. Smith Engineering collapses

A New South Wales engineering company that was established in Sydney in 1922 has collapsed into voluntary administration. by Kirsten Robb
 
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