Mitch, I'm pretty much in the same situation. My company is under voluntary administration, and has been put up for sale. It's made the business news quite a few times over the last 6 weeks. I haven't read too much into this thread, so I'm sorry if this doesn't all apply to you.
Whatever you do, do not leave your job right now. If there are potential investors, they take responsibility of your entitlements (annual leave, reimbursements) and are bound by the law to pay them. If they cherry-pick and decide they will not need you once they take over, there are two ways of getting your entitlements. Through GEERS, and through the ATO. This also applies if you go into liquidation.
If you leave now, it makes it much harder to get all of your annual leave. GEERS pays entitlements for a MAXIMUM of up to 3 months. They could pay two days if they wanted to. It's all assessed on a case by case basis. It's best to wait and see if potential buyers decide to keep people on board. If they do, it makes your life a lot easier. You DO NOT apply through GEERS when under administration. It will get you nowhere, as it only applies when you WILL NOT receive your entitlements. Under administration, you HAVEN'T YET RECEIVED. Apply once you go into liquidation, or they are bought over.
Super is a different story. My business didn't pay everyone's superannuation from late June until December 7th (when VA commenced). The cnuts!! Administration has to pay your entitlements from that day forth, until the company is either sold off, or liquidated. They cannot pay anything prior to their appointment.
I'm currently in contact with the ATO, GEERS, and 2 employment lawyers to ensure that I get everyone owed to me in regards to super. I'm currently out over 2.5K.
Someone suggested employees are last on the list. That's wrong. Staff are also creditors of the business. The order goes as follows:
1. Administrator's fees
2. Banks & Employees
3. Suppliers etc. All other creditors of the business
PM me if you need more details dude.