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Event company that was to bring Reese Witherspoon to Australia for motivational talks collapses into voluntary liquidation

An event company that had sold tickets to a series of motivational seminars with actress Reese Witherspoon has collapsed into voluntary liquidation. Stanley Morgan Accountants...
Newborn in baby sling

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Baby sling brand Hug-a-Bub collapses into voluntary administration

The company behind the popular baby sling brand, Hug-a-Bub, has collapsed into voluntary administration. Hug-a-bub Australia Pty Ltd, which was incorporated in 2001, has temporarily...
Nails

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Nails and fencing business Otter Group bought by Airco Fasteners after falling into receivership

The assets of nails and fencing business Otter Group have been bought out of receivership by Australian hardware business Airco Fasteners. Otter Group is one...
Jones the Grocer, Charlie & Co and Becasse collapse into administration

Cashflow

Jones the Grocer enters voluntary administration for the second time

Gourmet food retailer Jones the Grocer has collapsed into voluntary administration for the second time. PPB Advisory were this afternoon appointed as administrators to JTGS,...
employee

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“Walking dead” companies on the rise as ATO debt sits at $34 billion

The number of companies on the verge of collapsing is on the rise, warns national accounting firm RSM. These so-called "zombie companies" have higher-than-average debt levels...
retail

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Menswear retailer Man to Man collapses into liquidation

Menswear chain Man to Man has called in liquidators, just over a year since it emerged from voluntary administration under new owners. Man to Man...

Cashflow

Why this business owner decided to buy cleaning franchise James’ Home Services out of liquidation

Building a business from the ground up is a momentous challenge, but nothing compares to rescuing a "broken" company, according to the owner and...
retail

Cashflow

Menswear chain with 15 stores collapses into liquidation amid tough market conditions

A menswear chain with 15 stores has collapsed into liquidation as the sector faces tough trading conditions, including low margins and high rental costs. PO...
travel

Cashflow

Travel agency collapses into voluntary administration after proposed merger fell through

A travel agency that was turning over approximately $2 million annually has collapsed into voluntary administration after a proposed merger fell through. The travel divisions...

Cashflow

Sports development program Mr Soccer collapses into voluntary administration

A training and skills development business set up by a former professional soccer player has collapsed into voluntary administration. Mr Soccer Pty Ltd called in voluntary...
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Is the age of ownership over?

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Owning a car, house or designer bag has always been a big financial commitment, but once upon a time it was a commitment people...
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