$2m hole uncovered in Brisbane restaurateur’s company administration
A Brisbane restaurateur’s company, which established a popular waterfront venue on the Sunshine Coast, has entered voluntary administration with an estimated debt of more than $2m.
Company Collapses
The latest news on Queensland company collapses
$20m disappeared from failed builder before collapse: court told
The boss of failed Queensland builder Privium allegedly set up a complex series of transactions before its collapse that saw $20m effectively disappear from the company, a court has heard.
Troubled beauty empire enters liquidation with $1m tax debt
A beauty empire that operates more than five clinics in Brisbane has entered liquidation with an Australian Taxation Office debt of almost $1m.
Major Qld supplier to Coles, Woolies collapses
A Queensland-based supplier of plant-based and meat-free products to Woolworths and Coles has collapsed, with fears of product shortages.
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Officeworks-backed circular economy pioneer in liquidation
A circular economy pioneer that started out as the World’s Biggest Garage Sale charity and is part-owned by Officeworks has gone into liquidation.
‘How was this allowed to happen?’ Contracts torn up in tower mess
Contracts for more than 60 apartments in a Gold Coast development have been torn up, leaving “heartbroken” buyers buyers without their long-awaited homes. Read how it happened
Major Brisbane restaurant chain collapses
A major restaurant group with six venues across Brisbane including in Fortitude Valley, Newstead and Milton has entered into voluntary liquidation.
Funding failure claims battery maker Redflow
Voluntary administrators have been appointed at battery maker Redflow, a move that raises concerns over the viability of the Albanese government’s Future Made in Australia policy.
Transport company liquidates owing $600k+ to creditors
The director of a liquidating transport and logistics company disputes the company traded while insolvent, which was under financial duress since 2022.
Qld scaffolding company enters voluntary administration
A Queensland scaffolding company, which supplies equipment for projects from the Gold Coast to Bundaberg, has entered voluntary administration.
Popular cabaret club company in liquidation owing millions
A company behind a Gold Coast cabaret club hailed as Australia’s answer to Moulin Rouge is in liquidation after being unable to pay millions in debt. Read what it means for the risque venue
Carl’s Jr burger chain collapses in Australia
The flamboyant US chain has collapsed in Australia with its stores closed and placed into administration, as the consumer downturn hurts the restaurant and fast-food industry.
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