Maverick Campers placed into liquidation after stock seizure

Fetch Business Solutions Pty Ltd, which trades as Maverick Campers and Caravans, entered liquidation on 1 October 2026, with Yulia Petrenko and Malcolm Howell of Jirsch Sutherland appointed liquidators after a secured creditor took possession of company stock.

The Adelaide-headquartered caravan retailer operated showrooms in Adelaide, Brisbane, Perth and Melbourne and had been in business for almost ten years. Based on the company’s currently available books and records, liabilities appear to exceed $6 million.

The collapse followed a dispute with an unnamed financier. Founder and chief executive Matthew Winen said the company had been negotiating over approximately $500,000 of debt when it was informed that caravans held across Australia would be repossessed. According to Winen, the company had expected the financing issue to be resolved before receiving notice that the stock would be taken.

The liquidators confirmed that a secured creditor had taken possession of stock over which it asserted security rights. They are examining the circumstances surrounding that action, including the validity of the creditor’s claimed rights. The removal of the stock materially affected Maverick’s ability to continue normal trading and fulfil existing customer orders.

Winen said the company had 72 forward orders worth approximately $5 million and was holding about $575,000 in customer deposits at the time of liquidation. He said more than half of those customers had paid deposits of less than 10%, while a smaller group had paid between 40% and 50%. The liquidators have said their immediate focus is on affected customers and creditors and on preserving value and maximising recoveries.

Winen also said staff wages, superannuation, rent, supplier payments and amounts owing to the Australian Taxation Office were up to date when the business entered liquidation. The liquidators have not yet completed their investigations and have cautioned against drawing conclusions about the causes of the failure until the company’s financial position has been more fully assessed.

The collapse comes amid broader pressure across Australia’s caravan sector, with businesses carrying substantial stock and work-in-progress are being squeezed by higher finance and operating costs, while consumers are taking longer to commit to large discretionary purchases, according to the liquidators. They are now reviewing Maverick’s books and records, creditor claims, asset position and the circumstances leading up to their appointment.