Macadamia company goes into voluntary administration

MACADAMIA roasting and salting company Macaz has gone into voluntary administration, with creditors due to meet tomorrow morning in Lismore.

The Alstonville-based company started up in 1991 and has a reported annual turnover of nearly $9 million.

The Australian Securities and Investment Commission was notified of an application to wind up the business on November 10.

Condon Associates Group Managing Principal, Schon Condon, was appointed administrator on December 8, pending a possible vote at the meeting.

A spokeswoman at Macaz declined to comment other than to confirm the administration was voluntary.

Creditors wishing to attend tomorrow's meeting were advised to lodge proofs and proxies to Mr Condon by 4pm today.



'It could be the difference between life or death'

'It could be the difference between life or death'

Sporting clubs can apply for grants for life-saving technology

How this school-leaver scored a permanent job with council

How this school-leaver scored a permanent job with council

18-year-old's internship has turned into the start of a new career

Splendour Day 2: Millennial music dissected

Splendour Day 2: Millennial music dissected

What is Millennial music? How good is it?

Local Partners