65-year-old Mount Isa Rodeo enters voluntary administration due to financial difficulties and low ticket sales.
The Mount Isa Rodeo, a 65-year-old event in Australia, has entered voluntary administration due to financial difficulties and disappointing ticket sales for 2024. Administrators Michael Brennan and David Stimpson from SV Partners will oversee efforts to restructure the organization. Employee entitlements are protected under Australian law, and a creditors' meeting is set for October 31, 2024, to discuss future options for the rodeo, which significantly impacts the local economy.
October 21, 2024
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