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Ultimate Kitchens & Bathrooms collapses owing $4.6 million; CreditorWatch says more insolvencies to come

February 12, 2025 No Comments

Australia’s toll of failed construction industry businesses will climb further, data company CreditorWatch warned on Wednesday after a high-end home renovations business went into liquidation

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PE firm behind Bonza, Melbourne Victory calls in insolvency experts

February 12, 2025 No Comments

The private equity backers of Bonza and the melbourne Victory A-League team have called in a restructuring firm to provide advice on “operational challenges” at

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Glen Iris’s Deeds Brewing Reopens After Avoiding Liquidation

February 12, 2025 No Comments

In March this year, after 14 years in business, Glen Iris brewery

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Company ACB Group at centre of Derrimut industrial fires enters voluntary liquidation

February 12, 2025 No Comments

The chemical company at the centre of two industrial fires in melbourne‘s west, including one that left a worker dead, has collapsed owing creditors more

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Kleev Homes goes into liquidation with Melbourne construction company owing $3.3million following collapse

February 4, 2025 No Comments

Another construction company has gone under leaving behind millions of dollars worth of debt with more than 100 tradies still waiting to be paid.   Kleev

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Shock as beloved Aussie restaurant collapses

February 4, 2025 No Comments

Top melbourne restaurant Calia Australia will forever close its doors after going into liquidation. The business submitted a notice to wind up the company to

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Iconic homestead closed after business operator goes bust

January 30, 2025 No Comments

  The company that leased an iconic homestead southwest of melbourne has collapsed, leaving locals concerned about the heritage-listed property and at least one bride-to-be

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Furniture chain collapses into administration after family liquidates a string of companies

January 30, 2025 No Comments

D.I.M Furniture went into administration this week, the latest in a string of companies to be liquidated by melbourne’s Dimarelos family. Glenn Crisp and Malcolm

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Building company linked to underworld figure Mick Gatto allegedly ripped off workers

January 29, 2025 No Comments

A building company linked to underworld figure Mick Gatto has been targeted in an online campaign by sub-contractors who say the company has ripped them

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Beloved toy store to return to Australia

January 29, 2025 No Comments

Toys R Us could be making a return to Australian shores, with the toy retailer announcing plans to open “one of the largest” toy stores

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