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Melbourne Star permanently grounded, company goes into liquidation


Visitors to Melbourne will no longer be able to ride the city’s beleagured observation wheel, as the attraction’s operating company today announced it was going into liquidation. 

 

The first picture in the first photobook created for my daughter’s birth is not my daughter. It is the view from my hospital window of the Melbourne Star. 

 

The giant observation wheel has been a part of the city’s skyline for more than 15

years, during which time it has welcomed more than 300,000 visitors every year, with international and interstate tourists making up 45 per cent of the business.

 

”Unfortunately, the global COVID-19 pandemic and subsequent travel restrictions and sustained shutdowns, adding to pre-existing challenges of operating amid increased high-rise development and changes in the Docklands area, has made it impossible to sustain the business,” the directors of MB Star Properties said. 

 

The directors of the wheel have ensured they “are absolutely committed to doing the right thing by our dedicated team and have made arrangements to ensure all our employees will be paid their full entitlements”.

 

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Published: 6 September 2021

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