Sarah Sharples

An Australian business once described as a “cult fashion empire” has collapsed owing $2.4 million with influencers, stylists, models and big name luxury brands owed money.

A company that spectacularly collapsed owing $7.5 million gives a glimpse into Australia’s entertainment industry as it struggles to come back from the “devastating” impact of the pandemic, with fears hit shows are becoming too hard to stage.

The fallout of a collapsing company has exploded onto the streets of one Aussie suburb, with neighbours of a proposed site enduring break-ins, dumped rubbish and terrifying encounters with criminals.

The crisis engulfing an Australian childcare chain appears to be spreading, with another centre abruptly closed as staff from numerous sites chase unpaid wages, while a company that supplied casual educators revealed it’s owed a staggering amount.

Australia’s childcare industry is facing a massive crisis as major players collapse, impacting hundreds of workers and parents, with the situation described as a “mess” and “disgusting”.

An embattled childcare chain has had another 12 centres placed into administration, with the provider’s debt bill now expected to stretch into the millions, as the company has been accused of “chaos and calamity” that has caused “incredible distress”.

An Australian childcare chain’s future is being questioned, with panicked parents pulling their children out of one centre as they fear the service is about to go under.

A childcare chain with sites around Australia is facing questions about its future as parents at one Sydney campus were abruptly left without care and staff at the centre claim they haven’t been paid for weeks.

Australia’s retail industry has been hit by another blow with major chain Ally Fashion collapsing and up to 185 stores across Australia impacted.

A veteran police officer has slammed Australian banks, accusing them of being “totally uncooperative” when it comes to assisting in identifying scam offenders and stopping stolen money being “skipped” through accounts.