Grow Boating in Administration

Grow Boating Australia Ltd, the industry body established to promote boating beyond the existing boating community, has been placed into administration.

Melbourne chartered accountants Dye & Co Pty Ltd were appointed as administrators this morning at the request of current Directors.

Grow Boating Australia chairman Barry Jenkins said an independent audit had revealed several impediments and commitments that Grow Boating Australia would be unable to honour.