"Deliveroo’s decision to quit the Australian market, after what have been boom
times for food delivery platforms, may seem surprising. But the writing has
been on the wall for some time.
The British-based platform – one of the first to start operating in Australia –
announced yesterday it was going into voluntary administration.
It cited “challenging economic conditions” and an inability to achieve “a
sustainable position of leadership in the market” as key reasons for its
Creditors must now await decisions by the appointed administrator, KordaMentha,
about how much of the money they are owed will be paid.
Crucially, those potentially out of pocket include up to 15,000 couriers who
worked for the platform as independent contractors.
They are not officially employees, so they are not covered by the federal
government’s Fair Entitlement Guarantee, which ensures workers left in the
lurch by an employer declaring insolvency can receive some of their unpaid
wages, annual leave and other entitlements."
*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics