Billson's Brewery secures future as creditors approve restructuring plan

Billson's Brewery in Victoria has avoided liquidation after creditors voted to approve a restructuring plan. The iconic brewery, which entered administration in July, will now focus on its venue experience and traditional flavors. Owners Nathan and Felicity Cowan expressed gratitude for the support, stating the plan will protect jobs and allow for new hires. The restructuring aims to revitalize the business as it prepares for a busy summer. Local business leaders welcomed the decision, highlighting the brewery's significance to the community. They expressed hope for the company's future and its role in preserving the town's heritage.