Cashflow
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 adop…
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…
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 Miss…
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. W.E. Smith Enginee…
ASX-listed strip club operator collapses
The only strip club operator listed on the Australian Securities Exchange has collapsed into voluntary administration. Planet Platinum Limit…
ASX-listed drug company Pharmanet Group collapses
A Perth-based drug company listed on the Australian Securities Exchange has collapsed into voluntary administration. The Pharmanet Group is …
An insider’s account of the “spectacular implosion” of Pie Face
Sule Arnautovic, managing director of Jirsch Sutherland and one of the administrators responsible for keeping Pie Face alive, has admitted t…
All 103 remaining Homeart stores to close, 550 jobs lost
Iconic homewares retailer Homeart is set to be liquidated, with all 103 stores nationwide set to close and around 550 staff to lose their jo…
Homeart liquidation fears grow, with 103 stores and 550 jobs on the line
There are growing fears Homeart could be liquidated, with the iconic homewares chain offering discounts of up to 80% on merchandise and clai…
Children’s wear retailer Rhubarb collapses into voluntary administration, closing six retail stores
Home-grown children’s wear brand Rhubarb has collapsed into voluntary administration. Originally founded in 2002 as a homewares designer a…
