Appointment details
| Appointment type | Liquidation |
| Appointment date | 8 February 2017 |
| Appointees | George Georges, John Lindholm |
| Companies subject to Administration | Australian Careers Institute Pty Ltd ACN 129 234 920 (Collectively referred to as the ‘Group’) |
| Office | Melbourne |
KPMG contacts
Hannah Mcconalogue
hannah1@kpmg.com.au
+61 3 9288 6461
Background information
On 8 February 2017, Ferrier Hodgson partners, George Georges and John Lindholm were appointed as joint and several Voluntary Administrators of Australian Careers Institute Pty Ltd and a number of associated entities (the Group) pursuant to a resolution of the Board of Directors.
Unfortunately, a Deed of Company Arrangement (DOCA) proposal has not been received. Therefore, the Administrators regret to advise that operations of the Sage Institute and WYN have ceased in all locations, effective 10 March 2017.
As a consequence, Sage Institute and WYN Institute are no longer taking any more enrolments and with the assistance of ACPET and the Department of Education we are supporting our current students to be placed in other training providers to teach out their current course, or if possible, have their fees re-credited (if they have a VET FEE HELP Loan) or refunded, (if they are a Fee for Service student). Further information for students is outlined in the Closure FAQ document below.
Note
If you were studying with the Group, please contact the Independent Tertiary Education Council Australia (formerly the Australian Council of Private Education and Training) on 1300 421 017 between 9:00am to 5:00pm AEST from Monday to Friday, or via email at enquiry@iteca.edu.au.
If you are a creditor, please contact the Liquidators on +61 3 8663 8613.
Information for employees
Information and circulars for employees.
Information for students
Information and circulars for students.
Information for creditors
Information and circulars for creditors.
ASIC insolvency material
The Australian Securities & Investments Commission provides resources on insolvency for directors, practitioners, employees, creditors and investors.
Support
Coping with the emotional impact of financial distress.
Beyond Blue
The beyondblue Support Service provides confidential, one-on-one counselling with a trained mental health professional.
Phone: 1300 22 4636
Lifeline
Phone: 13 11 14 Australia-wide
Online crisis support chat (7:00pm to 4:00am daily)
