One of Australia’s oldest chocolate brands has entered voluntary administration for a second time, with the rising cost of raw materials and shipping squeezing its margins. Ernest Hillier Chocolates was founded by English migrant Ernest Hillier in sydney in 1914 and is thought to be Australia’s first chocolate manufacturer. Its Hillier’s and Newman’s branded chocolates…
Iconic Australian beverages brand Billson’s has plunged into voluntary administration. The company produces ready-to-drink vodka, craft beer and cordial at its brewery in Beechworth in the north-east of Victoria. Husband and wife team Felicity and Nathan Cowan announced today that they made the “excruciating and difficult decision” to enter administration. Iconic Australian beverages brand Billson’s…
Seer Medical cofounders in happier times [from L to R]: Professor Mark Cook, Dr Dean Freestone, and George Kenley. A medtech company named Victorian Startup of the Year in 2022 and backed by Breakthrough Victoria has entered voluntary administration with a “potential sale or large-scale restructure” on the cards. Pitcher Partners’ Lindsay Bainbridge and Andrew…
Media entrepreneur Antony Catalano has used a tense general meeting of Keybridge Capital – which could see director Nicholas Bolton booted from the board – to accuse the chairman of frustrating proceedings and lying to shareholders. A meeting was scheduled at 4:30 pm in melbourne on Monday – hours after the investment company was formally…