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Major cosmetic chain on the brink of collapse

Body Catalyst, a non-surgical cosmetic medicine chain with 29 clinics across Australia has gone into administration, with major concerns for the company’s future.The 45 companies associated with the business, which was founded by Samantha…

Staff ‘screwed’ in $45m company collapse

A string of companies involved in the building industry have collapsed into liquidation with cumulative debts of more than $45 million. A news.com.au investigation has found that 11 companies that appear to be linked to a cabinet…

‘Grown men crying’: Shock at $45m collapse

All employees at a Sydney joinery and manufacturing business heavily involved in corporate and commercial construction have lost their jobs and the firm has ceased to trade. On Friday morning, 30 cabinet makers rocked up to the Wetherill…

Major twist as Evergrande faces collapse

Embattled Chinese property juggernaut Evergrande has once again wriggled its way out of shutting down completely two years after becoming the most indebted company in the world. On Monday local time, many thought the property developer was…

BREAKING – Popular publishing business to shut

UK-based youth publisher LADbible is restructuring its Australian business at the end of 2023, with 52 Australian staff at risk of redundancy across its Sydney and Melbourne offices.A source, who declined to be named, told news.com.au that…

Building company collapses after court order

A residential building company has collapsed into liquidation just a few months after landing in court over nearly $1 million in unpaid debts.News.com.au can reveal that the Victorian Supreme Court ordered Melbourne-based Como Homes Pty Ltd…

Sara Lee update after shock collapse

After its shock collapse into administration, it has been revealed that iconic dessert brand Sara Lee may be saved, with news that more than 40 parties are interested in buying the business.Administrator Vaughan Strawbridge from FTI…

$1.7m collapse in major hospitality chain

An arm of a major hospitality business has quietly collapsed into liquidation, impacting nearly 250 staff members and a handful of other creditors. Melbourne-based Legacy Hospitality Group Pty Ltd went into voluntary liquidation earlier…