Posts tagged "liquidation"

A former business liquidator has been sentenced to seven year's jail time after he was found to have committed three counts of fraud.

Perth-based startup Bux Global that received over $65 million from investors has been placed into liquidation with just $50,000 left in the bank.

Darby's Fresh Bake has closed 27 stores after suffering declining sales in regional shopping centres, leaving 105 employees looking for work.

Heightened online competition and "a retail sector verging on recession" have caused NSW retailer Shoe Box to collapse into liquidation, as the sector braces for even more consolidation.

Insolvency experts say small businesses are “doing it tough”, but that won’t stop the tax office and government bodies from stepping in to a…

Mobile application and software developer Buzinga has entered liquidation, with a some clients allegedly left with incomplete projects.

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Brisbane-founded recruitment startup iRecruit made its Shark Tank debut on Tuesday night, but a lot has happened at the company since the te…

Hundreds of creditors are owed $12 million following the appointment of liquidators to Brisbane-based apartment builder CMF Projects, with r…

Backpacker tour operator Wicked Travel has entered liquidation owing a reported $1 million to employees, customers and other businesses.

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It once had plans to take on tech giants Apple and Spotify, but troubled music streaming startup Guvera Limited has now reportedly ceased al…

A Queensland-based real estate startup that raised $1.5 million in funding last July has entered liquidation, after facing financial trouble…

A small business owner has opened up about the difficulties of managing cashflow in a growing business, after his personal training compan…