Dozens of unsecured creditors have been left $3m out of pocket after a Melbourne-based medicinal cannabis company entered administration following the sale of key assets to a rival producer.
New analysis aims to throw some light on one of the murkiest areas of airline loyalty schemes.
A string of more than 20 companies, which have been involved in the remanufacture and distribution of diesel engine parts for more than 50 years, have collapsed into insolvency.
SA is in a battle with Victoria for an $800m sustainable fuel project, with the promise of hundreds of new jobs and a foothold in an emerging industry aimed at slashing emissions in aviation.
The administrators of Australian computer and video game retailer Mwave have revealed the business may have traded while insolvent, as details of the company’s $30m collapse are exposed.
A Sydney businessman, once considered NSW’s “most wanted” after fleeing overseas with a bullet in his shoulder, is at the centre of a rollercoaster court action featuring an alleged kidnapping and a $10m Covid supply fraud.
A deluge of flailing businesses taking advantage of a system to help them avoid large chunks of debt has drawn attention from the tax office.
Casino operator Crown has made a revealing trademark move amid speculation it could take on management of Star Entertainment’s Queen’s Wharf in Brisbane.
Billionaire Annie Cannon-Brookes has unveiled the first phase of a multimillion dollar revival of an iconic Queensland island that’s been in the doldrums for 14 years.
Australia’s best Hipcamp spots have been crowned with private landowners revealing how the lucrative side hustle has now become their major money spinner. See the list of top camp spots
Creditors of a veteran construction firm, which collapsed in April owing almost $19m, have targeted properties owned by its directors as a liquidator reveals the company had lost more than $2.7m in subcontractor retention money.
Hash Tayeh, the high-profile head of the Melbourne fast-food chain, has resigned as CEO of Burgertory and food and beverage company QSR Collective.
Three fake Victorian lenders are facing up to 15 years behind bars after they were found guilty of swindling nearly $1.5m from over 120 hopeful homebuyers in an ‘interest-free mortgage’ scam.
They’re the ‘last man standing’ in an industry dominated by overseas giants, but this Victorian family business – one of Australia’s oldest – has three rules that grew their $175m empire.
Original URL: https://www.ntnews.com.au/business/victoria-business/page/7