Companies wound up by ASIC in 2023–24 financial year

ASIC assisted employees gain access to the Fair Entitlements Guarantee scheme (FEG) by exercising its wind-up powers and appointing liquidators to abandoned companies.

The table below lists a number of employees and outstanding entitlements based on information received from employees when requesting ASIC exercise its powers under section 489EA of the Corporations Act 2001 pursuant to guidance outlined in Regulatory Guide 242. ASIC does not warrant the figures represent the actual number of employees and entitlements that may be paid under the Fair Entitlements Guarantee scheme, administered by the Attorney-General’s Department.

Companies that ASIC has wound up in the 2023–24 financial year

Company	ACN	Panel liquidator and firm	State	Number of employees	Entitlements	Date
The Aussie Breadmaker Pty Ltd	169 847 385	Paul Gerard Weston of DW Advisory	NSW	1	$30,552.65	8 March 2024
Victory Management Services Pty Ltd	605 314 341	Robert Woods from Deloitte	VIC	7	$128,523.39	16 November 2023
Workers First Pty Ltd	600 518 278	Mitchell Mackenzie Herrett of RSM Australia Partners	QLD	2	$20,681.50	9 November 2023
Dodge Cork Pty Ltd	000745906	Sean Wengel from William Buck	NSW	1	$35,362.80	29 August 2023
Gaggle.Net.Au Pty Ltd	644 952 769	David Raj Vasudevan from Pitcher Partners	VIC	1	$17,230.00	29 August 2023
Construction 8 Pty Limited	159 639 835	Richard Stone from RSM Australia Partners	NSW	1	$24,826.80	29 August 2023
Triton Group Investigation Services Pty Ltd	147 698 557	Travis Kukura from RSM Australia Partners	WA	2	$25,661.36	28 August 2023