Brindabella Christian College directors escape disqualification despite $12m
ASIC has refused to investigate or ban former directors of Brindabella Christian College. The school has $12 million in unpaid creditor claims.
The collapsed Brindabella Christian College has left creditors waiting over a year for $12 million. The school went into administration in March 2025.
The tax office sought to wind it up over unpaid tax debts. ASIC chair Sarah Court told the Senate the regulator lacks evidence to investigate.
They found insolvent trading since at least January 2021. ASIC and the charity regulator have blamed each other over who should police board failures.
The administrators found former owners misused school funds. This included buying a robotic dog.
It also included asking families to pay fees upfront to cover the tax debt. Between 2021 and 2024, about $30,000 in political donations to the Liberal Party were charged to a company card.
The school was sold in May 2025 for $30 million. But creditors have not yet been paid.
- $12 million
- Unpaid creditor claims
- January 2021
- Insolvent trading since
- $30,000 to Liberal Party
- Political donations charged
- $30 million
- School sale price
Why it mattersA regulatory gap lets directors avoid blame even when creditors lose millions and governance failures are clear.
AustraliaAustralian creditors, including staff, parents and the tax office, remain unpaid after a major education provider collapsed under insolvent management.
✓ Claims checked against the source. checked 2 h ago
Open this story in InSnip →
