ABC News – Top stories ·general ·1 hour ago

Dream holidays shattered in $4.3 million travel agency collapse

AVG Travels, a Melbourne-based travel agency, was placed into liquidation in May 2026, leaving customers with losses totaling $4.3 million. Affected clients, including Arun Jhunjhunwala's family, are urging the federal government to reinstate a compensation scheme for travel agency failures. The collapse highlights ongoing concerns over the regulation and protections within the Australian travel sector.

Summary by OZbrief · ABC News – Top stories

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