Insolvency
Harbour views, poker machines not enough to save RSL club from cash woes
The Kirribilli Club has been placed in voluntary administration months after it sought $2000 from members following a hike in rental costs.
- by Andrew Taylor
Latest
Darlinghurst Theatre goes into administration owing ticket holders
The Darlinghurst Theatre Company will be offered free rent in a desperate bid to prevent it going bust.
- by Andrew Taylor
Bonza hopes dashed, hundreds sacked after no rescue bid emerges
More than 300 workers at budget carrier Bonza have been told their roles have been terminated as no one has offered to buy the plane-less airline.
- by Amelia McGuire
Cyberattack target MediSecure enters voluntary administration
The national prescription delivery service provider, which was victim to a cyberattack that compromised personal health information, will face its creditors later this month.
- by Millie Muroi
Chinese variety retailer Miniso goes into administration for a second time
The Japan-inspired discount chain store has appointed administrators yet again as consumers close their wallets.
- by Jessica Yun
Exclusive
Rozelle
The high-profile Sydney yoga studio at the centre of a decidedly un-zen scandal
Egg of the Universe has been accused of trading while insolvent, owing tens of thousands of dollars while plunging further into debt and making generous loans to directors.
- by Sally Rawsthorne
Updated
Fashion retail
Australian fashion label Dion Lee collapses
Dion Lee will be run by administrators as a going concern as the hunt for a new buyer begins.
- by Jessica Yun and Melissa Singer
What small businesses really want from the budget
Australians are spending less, and the government has ruled out cash injections in Tuesday’s federal budget. Small business is caught in the middle.
- by Jessica Yun
‘There is trepidation’: Why business owners like Jared are worried about their future
Spiralling costs, high interest rates and lower spending are driving more businesses into insolvency.
- by Andrew Taylor
Bonza’s lessors push ahead with plans to remove planes from Australia
Lawyers told the Federal Court that Bonza’s aircraft leases had been terminated last week, while emails confirm its backers knew in March of a plot to shut it down.
- by Amelia McGuire
All Bonza flights cancelled until Wednesday with no refunds imminent
Bonza administrator Hall Chadwick says early discussions with the owners of the airline’s grounded fleet will continue into next week, with all flights cancelled before then.
- by Amelia McGuire