On the Money: something to wine about, bitter disclosure, Datacom's red ink and more

Summer dreams, ripped at the seams. (Image: DepositPhotos)

Sat, 08 Jul 2023

The not-so-Sacred HillThe receivers and liquidators of failed Sacred Hill vintner look like they’re settling in for the longer haul.In a case of the old Friday afternoon filing, the receivers of Sacred Hill Vineyards – Rees Logan and Andrew McKay of BDO – provided a wee update on their administration that’s seen haircuts all round since the group’s businesses were hocked off to help repay Westpac’s $52.4 million loan.The latest report notes that the receivers are still trying to recover outstanding receivable...

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