Nick Deane.
Creative agency Wonderkarma, with offices in Brisbane and Vanuatu, has gone into liquidation.
Declan Lane and Simon Cathro of Cathro and Partners have been appointed liquidators, according to documents lodged with corporate regulator ASIC.
A meeting of shareholders approved the voluntary winding up January 31.
Clients include Aurizon, Australia's largest rail freight operator, and the Catholic Diocese of Toowoomba.
Other agencies have started to contact Wonderkarma staff, said to number about 15.
Kirsty Visman, managing director at Superdream, said staff should drop her a line if they were looking for a new home.
"Shocked and saddened to hear of the liquidation of fellow independent creative agency Wonderkarma," she said.
"This industry is tough and the appetite for big budget creative campaigns has been shrinking for some time."
The company last year expanded to South Australia and to Vanuatu.
Wonderkarma Vanuatu was run in Port Vila by Nick Deane, who founded the company in 2012.
Deane last year reportedly said his family’s cultural connection to the region was a key driver of the Vanuatu expansion.
“My husband Brad and I were looking for a sea change for our family, to achieve a better work-life balance,” Deane said.
At that time, Tim Kho was appointed general manager Wonderkarma Brisbane.
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