omadvertiser.com.au
THE ADVERTISER, Friday, August 2, 2024 - Page 1
r
u l Yo oca LY ire K Sh L EEdigo
n
WrI Fo
BEECHWORTH - CHILTERN - RUTHERGLEN - STANLEY - YACKANDANDAH Friday, August 2, 2024
Phone (03) 5723 0100
$2.00 (inc.GST)
www.omadvertiser.com.au
INSIDE
Indigo interview Page 5
HAPPY 110 YEARS Beechworth Red Cross branch members Maureen O’Flaherty (left), Linda Erskine, Linley Sewell, Julia Smith (president) and Margaret Harms are looking forward to celebrating the special Red Cross anniversary. PHOTO: Coral Cooksley ■ Story page 2
Hole in one hero Page 7
Billson’s at the brink
THE much-loved Billson’s, owner of the famous brewery brand, has entered voluntary administration with proprietors Nathan Cowan and his wife Felicity making the announcement on Wednesday. They have appointed Rob Smith and Matthew Hutton from McGrathNicol as administrators to help them through a deterioration of market conditions. The maker of non-alcoholic cordials and premixed
Beechworth business fights g to turn the tables after economic downturn effects profits p BY STEVE KELLY skelly@ nemedia.com.au
alcoholic drinks said “incredible business growth” that masked several mistakes with their systems and processes was the reason for the decision. Mr Cowan said, “After some incredibly successful
years, Billson’s has encountered some severe growing pains and a raft of unforeseen challenges over the past six months resulting in a need to restructure”. It comes after Billson’s cutting of several jobs in March this year due to “cost of living pressures and a change in consumer behaviour”. “Our customers’ choices are influenced by the cost of
living pressures, while we are battling working capital challenges, the rising costs of energy, freight, ingredients and raw materials, and the third highest spirit tax in the world,” Mr Cowan said. “The inevitable restructure will impact not only the team, but the community of Beechworth and the broader region. “I’m ultimately responsible for the health of the business
INDUSTRY LEADING NO BULL!
RETHINKING THE EVERYDAY
TX205 TRAILED CHAINLESS BALEFEEDER
and to have this happen on my watch is crushing. “We weren’t able to predict the speed nor the magnitude of the shift in the market conditions. I’m devastated.” Mr Cowan said that over the past seven years they have worked tirelessly to revitalise the business by developing a unique range of flavourful drinks and to restore the historic brewery into a vibrant
tourist destination and we are proud of our achievements in both those areas. “Billson’s has experienced overwhelming support from consumers and fans all over the country and has built strong partnerships with wonderful retailers and suppliers, and our commitment to those partnerships is unwavering,” he said. ■ Continued page 3
RRP
$31,438
5 YEAR
INC GST
WARRANTY
SPECIAL PRICE
$27,990* INC GST
SEE IT IN ACTION
*PRICES EXCLUDE FREIGHT & PRE-DELIVERY CHARGE*.
k k n n i i Bale Feeder h h T T
271 Tone Rd Wangaratta VIC 3677 (03) 5722 9933
Brendan Breen 0427 202 737
Hayden Murray 0409 814 296
www.mcgregor-machinery.com.au