Episode Details

Three iconic Western Australian dairy brands—Mundella Foods, Margaret River Dairy Company, and The Cheeky Cow—are now in liquidation after a failed rescue plan, leaving suppliers and employees facing millions in unpaid debts. The collapse stems from director Hayden Russell’s failure to honor the agreed-upon terms of a company arrangement, triggering an investigation into possible insolvent trading and questionable transactions. While some suppliers like dairy farmer Phil Hall lament the loss of generational livelihoods and note Russell initially paid better prices, others like former employee Mairee Wall express anger at the rapid decline in standards and the erosion of the once-praised Mundella brand. Administrators blame poor financial controls, missing records, and bad management, alleging the companies were trading while insolvent as early as last year—and those findings are now being reported to regulators.

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