Billson’s Brewery enters voluntary administration

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…

Australian Airline Rex Enters Voluntary Administration

Australian airline Rex has entered into voluntary administration, the second domestic airline to fail this year in a market dominated by Qantas Airways Ltd. Regional Express Holdings Ltd., as Rex is formally known, has appointed Ernst & Young as administrators, according to a statement on Tuesday. Domestic flights on Rex’s fleet of Boeing Co. 737…