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Australia

Derrimut Gym’s administrator provides update following first creditors’ meeting

19 / 11 / 2025
HM Advisory's Stephen Dixon has been appointed as administrator to Derrimut Gyms which includes three companies.
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Australia

Aramis Vineyards enters administration amid industry challenges

18 / 11 / 2025
McLaren Vale wine producer Aramis Vineyards has entered administration with debts exceeding $1 million to the ATO.
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Australia

Nikolaos Solomos’ Derrimut Gym empire faces pressure as administrators assess offers

18 / 11 / 2025
Administrators are assessing offers for Nikolaos Solomos’ Derrimut 24:7 Gym, with any buyer expected to cover all staff entitlements.
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Australia

Full circle for Michael Lazaris as Throwback moves into Sydney Kings’ former home

12 / 11 / 2025
Fourteen years after launching Throwback in a 10sqm storeroom at a basketball gym, Michael Lazaris is turning a long-held dream into reality.
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Australia

Collapsed Brisbane pool builder owes more than $1 million

11 / 11 / 2025
Stunning Pools has gone into liquidation owing more than $1.04 million, leaving customers, tradies, and suppliers out of pocket.
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Australia

Private lender Gemi faces $5 million loss in Adgemis collapse

Private lender Gemi Investments has warned investors it faces losses of more than $5m after loans to former pub baron Jon Adgemis soured.
11 / 11 / 2025
Australia

Adrian Portelli lodges bid to buy Derrimut 24:7 Gym as Nikolaos Solomos hands it to administrator

Billionaire Adrian Portelli has submitted a formal expression of interest to acquire the debt-ridden Derrimut 24:7 Gym chain.
10 / 11 / 2025
Australia

Derrimut 24:7 founder Nikolaos Solomos places key company into administration

Derrimut 24:7 Gym founder Nikolaos Solomos has placed the largest company in his struggling fitness empire into administration.
06 / 11 / 2025
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Opinion

Opinion

A dark side of Greece: Part 2

07 / 11 / 2025
I came across a book of short stories in English by author Konstantina Sozou-Kyrkou, called Black Greek Coffee.
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Opinion

Wills without the Trojan War

17 / 10 / 2025
After nearly 15 years in the legal industry, I’ve lost track of how many matters I’ve worked on involving family disputes over estates.
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Opinion

A dark side of Greece – Part 1

05 / 09 / 2025
Unlike other more carefree summers in which financial ease more often than not corresponded to “getting away”.
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Australia

Iconic Kensington restaurant Grotta Capri faces demolition for new housing

13 / 05 / 2025
A once-iconic Sydney restaurant is set to disappear as the former Grotta Capri site in Kensington is approved for redevelopment.
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Australia

Kosmidis family’s service station chain in SA bought by industry giant

27 / 05 / 2024
Petrol station giant BP Australia has acquired South Australian fuel and convenience retailer X Convenience from the Kosmidis family.
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Australia

Lobster Cave owner Bill Ferg faces nearly $1 million bankruptcy claim

23 / 10 / 2024
Owner of Melbourne's renowned Lobster Cave restaurant, Bill Ferg, is facing a bankruptcy claim of nearly $1 million.
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