Esoteric Festival bites the dust in a $2.8 million swirl of debt
3 Articles
3 Articles
Esoteric Festival bites the dust in a $2.8 million swirl of debt
Victoria's eight-year-old psychedelic music and arts festival, which locked out punters at the last minute this year, goes into voluntary administration owing millions to ticketholders, contractors and employees.
Esoteric Festival Collapses Into Voluntary Administration With Over A$2.8 Million Owed
Esoteric Festival has gone into voluntary administration after the sudden cancellation of its 2025 event in Donald, Victoria. The company behind it, Esoteric Festival Pty Ltd, owes more than A$2.8 million to ticketholders, suppliers, contractors, and staff. The collapse follows the last-minute revocation of the festival’s occupancy permit by a municipal building surveyor. With 11,000 expected attendees, the permit was pulled just days before gat…
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