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Administration and liquidation

Family-owned and operated Oscar’s in the Valley announced on Tuesday that it would be ceasing operations.

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Administration and liquidationPremium
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Popular Swan Valley restaurant closes without warning

The family-owned and operated venue announced on Tuesday that it would be ceasing operations ‘immediately’, with the beloved business handed over to liquidators.

Brooke Rolfe

The two brands have 51 stores across Australia and New Zealand

RetailPremiumPopular clothing brands collapse despite improving sales

The two brands have 51 stores across Australia and New Zealand, including 42 full-price boutiques and nine discount outlets, as well as concession stands in department stores Myer and David Jones.

Cheyanne Enciso

The Red October Village had been reactivated to cater for mining at Devon Pit.

MiningPremiumWA gold miner brings in administrators

A Laverton gold miner has appointed administrators to two subsidiaries following a fight with a contractor. 

Matt Mckenzie

The Cliff Head gas plant off the Dongara coast.

Herd on the TerracePremiumOil you’ll need is spare cash for this unusual real estate

If you’ve ever wanted to own an unmanned oil platform off WA’s Mid West coast then boy, do we have good news for you. Plus: One Nation’s new kid on the block picks a familiar name as chief advisor.

Wiluna Mining mines in Wiluna.

Herd on the TerracePremiumIt’s make or break as gold miner approaches ASX return

We take a look at the books as Wiluna Mining’s long and treacherous journey back to the bourse hits the make or break moment. Plus: Compliance cops put Weststar Industrial in their sights.

DevelopmentWA is demolishing homes built by Inspired Property Group in Hamilton Hill.

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Administration and liquidationVideoPremium
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Bureaucrats missed red flags in Inspired demolition blunder

The builder of six Hamilton Hill homes demolished this week had been given a clean bill of health by DevelopmentWA despite public red flags about its finances.

Matt Mckenzie

DevelopmentWA is demolishing homes built by Inspired Property Group in Hamilton Hill Brad Pettitt

Administration and liquidationPremiumGovernment demolishes six homes left unfinished by Inspired

WA families struggling to find homes have suffered a cruel blow with DevelopmentWA bulldozing six houses half-built by collapsed construction company Inspired Property Group.

Matt Mckenzie

NXT (Tec, that is, not Builds) had been linked to a world-class luxury resort nestled within Western Australia’s spectacular countryside, Chittering Manor.

Herd on the TerracePremiumModular company collapses leaving homes unfinished

There’s a modular mess awaiting liquidators after Perth construction hopeful NXT Builds hit the wall with homes unfinished. Plus: Bitcoin bull stampedes the exit.

Wiluna Mining is set to relist before the end of the current quarter.

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MiningPremium
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IPO blow as Wiluna Mining wields axe on gold jobs

Nearly 100 jobs have been axed by Wiluna Mining as the gold play’s hopes for an initial public offering  of up to $200 million within weeks take a hit.

Matt Mckenzie

Everywhere: The extent of flight tracking data for Fortescue’s private jet. Pictured is Fortescue executive chair Andrew Forrest at Scitech.

Herd on the TerracePremiumWhere in the world was Andrew Forrest?

It’s the beginning of a beautiful friendship for Andrew Forrest’s Fortescue in Morocco. Plus: Ben Wyatt’s GST slam dunk; and a new chapter in WA luxury builder’s insolvency intrigue.

The Royal Hotel, Wellington St, Perth.

Administration and liquidationPremiumTop WA hospitality venues enter administration

The companies behind The Royal Hotel, Ciao Dandy and Busselton Pavilion have gone into voluntary administration amid a ‘restructuring’ process, but will continue trading.

Adrian Rauso

Shenton Quarter in Shenton Park has been plagued with issues. P

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Commercial PropertyPremium
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JV behind Shenton Quarter project goes into administration

The joint venture behind the luxurious but trouble-plagued in Shenton Park goes into administration

Kim Macdonald

South West dairy empire Mundella has collapsed.

end of an eraPremiumLocal dairy favourite collapses after year-long battle

West Australians have had their last spoonful of an award-winning, local favourite yoghurt after the food processor went into liquidation.

Melissa Pedelty

Australian activewear brand Stax was bought out on Monday. Instagram

RetailPremiumNew owners rescue iconic WA-born Stax

Stax customers who lost money on unfulfilled orders could get relief after the collapsed activewear brand was bought out of receivership.

Cameron Micallef

Kareem Hassan pictured in 2022.

RetailPremiumMan behind WA smoking empire hit with $1.2m tax bill

The man behind a WA smoking empire and one-time investor in a Northbridge nightclub has been hit with a $1.2 million tax bill.

Matt Mckenzie

Rosendorff jeweller’s sole remaining store in the Hay Street Mall, which was shuttered by Lease Equity on behalf of the landlords on Thursday

RetailPremiumLandlord locks up CBD store in ‘peaceable re-entry’

The last remaining Rosendorff store has been temporarily shuttered by the leasing agents due to a dispute between the under-fire jewellery store owner and the landlord.

Rebecca Le May

The Cliff Head oil platform off the Dongara coast.

Administration and liquidationPremiumFresh details on oil minnow’s countdown to collapse

Directors of troubled oil business Triangle Energy Global were “contingency planning” with insolvency experts three weeks before a huge decommissioning bill sent the company underwater.

Matt Mckenzie

Cockatoo Island

MiningPremiumFailed island iron ore miner owes $150m

The miner’s creditors include the WA Government, which is owed $1.5 million in unpaid royalties, commodities trading giant Trafigura and the Kimberley Ports Authority.

Sean Smith

Soils Ain't Soils franchisee Nabil Bazzi's multimillion-dollar drug empire came tumbling down when one of his couriers became a police informant.

Administration and liquidationPremiumANZ seeks to sell WA drug kingpin’s frozen assets

ANZ is trying to flog two Crawley homes linked to jailed WA drug kingpin Nabil Bazzi as it pursues debts of more than $4 million.

Matt Mckenzie

The Cliff Head clean up cost has been estimated at $200 million.

EnergyPremiumAnother ASX-listed minnow fails over oil clean up bill

ASX-listed Triangle Energy Global has collapsed into administration, sparking heightened concerns about the huge clean up bill for a Mid West oil project.

Matt Mckenzie

CreditorWatch attributed WA’s low insolvency rate for retail to the State’s strong economy.

RetailPremium‘WA the best place to be’ amid retail killing season

WA has emerged as one of the few bright spots in a national retail sector grappling with a prolonged period of challenging conditions that have already led to the demise of a string of well-loved brands.

Cheyanne Enciso

Stax founders Don Robertson and Matilda Murray. Supplied

BUSINESSPremiumExtent of WA-raised brand’s financial demise laid bare

New filings with the corporate watchdog show the huge amount of money a collapsed Australian brand owed to staff, suppliers and even the taxman.

Cameron Micallef

Yoni Levy pictured outside the sole remaining Rosendorff store in the Hay Street Mall after rescuing it in 2019.

RetailPremiumEx-Rosendorff director chased over tax debt claims

The former company behind iconic Perth jewellery brand Rosendorff has been placed in liquidation, while its director is being chased for an allegedly unpaid tax bill.

Rebecca Le May

The Cliff Head oil platform southwest of the Dongara coast.

EnergyPremiumOil platform clean up bill fears as energy tiddler collapses

A tiny company that pocketed Government cash as it spruiked plans to move into carbon capture and storage may have left taxpayers with a multi-million dollar WA oil platform clean up bill.

Rebecca Le May