Australians have reacted with shock and confusion to the news that a beloved beer brewing company has collapsed into administration.
On Tuesday, brisbane’s popular Ballistic Beer Company went into voluntary administration, according to a filing lodged with ASIC.
The firm, which is one of Queensland’s best-known independent brewing companies, has appointed Jason Stone and Paul Allen from PKF melbourne as administrators.
Ballistic Beer Company’s co-founder David Kitchen has indicated the business is hoping to trade its way out of disaster.
He assured industry publication The Crafty Pint that the appointment was to massively restructure the business.
“The present intention is to continue trading,” Mr Kitchen confirmed. “Ballistic Beer is still available online, in venues and at great retailers nearest you.”
“The aim of that VA [voluntary administration] is just to reorganise and restore the balance sheet,” he told BrewsNews, another trade press publication.
Now the community is rallying to stir up support and sales for the embattled brewer.
One of those community members is Peter Russo, local MP for the state seat of Toohey, who called on everyone to visit the company’s flagship Salisbury Brewery venue, which sits…
