Aussie footwear brand Wittner collapses into administration
Famous Australian footwear brand Wittner has collapsed, with administrators appointed to the more than century-old company citing rising cost pressures.
Company Collapses
The latest news on Queensland company collapses
American ‘Village Roadshow’ bankruptcy unrelated to GC theme park giant of the same name
United States company Village Roadshow Entertainment Group – which no longer has ties to the successful Gold Coast theme park giant of the same name – has collapsed in a $1.57bn debt pile.
Collapsed veteran builder has $20m debts
Administrators have revealed a veteran Gold Coast building company owed almost $20m when it went into administration last month. Read how much was in trust accounts meant for subbies
Brisbane restaurant liquidated after owners get ASIC black mark
A popular inner Brisbane restaurant has entered liquidation after its two owners were disqualified from running companies by ASIC over their other failed companies.
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Firms on cusp of collapse beg for help as ATO chases $35bn
As the ATO chases down $35bn in debts, an increasing number of small businesses at risk of collapse are calling in liquidators to prepare restructuring plans.
Cult burger chain collapses as ‘record-level’ insolvencies rock hospitality
A popular burger bar is one of the latest high-profile Brisbane hospitality companies to fold after years of skyrocketing operating costs and tightening customer spending.
Director flaunts European trip on socials despite $7m company debt
The director of a Sunshine Coast construction company that owes nearly $7m has shared a series of lavish overseas holiday snaps on social media.
$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.
$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.
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.
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