Sydney Beer Co enters administration

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Sydney Beer Co entered administration last Friday, Australian Securities and Investments Commission (ASIC) filings showed.

The company tapped Richard Stone and Brett Stephen Lord from RSM Australia Partners as administrators.

Sydney Beer Co’s website states that former cricketer Bret Lee and actor and writer Matt Nable co-founded the company.

Dean Joseph Woodbridge and David Richard Catterall are listed as directors on the ASIC documents.

Sydney Beer Co is among the brewers to enter administration recently, along with Kaiju and Billson’s.

Earlier this month, Prime Minister Anthony Albanese said his government would freeze the indexation on draught beer excise for two years.

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