The Australian businesses that collapsed into voluntary administration in 2023
Sara Lee
Sara Lee was established 52 years ago in New South Wales and has been selling frozen cheesecakes, pies, crumbles and ice creams since.
The dessert company announced it appointed FTI Consulting in October.
The decision was made to restructure and sell the company while operations continue.
BoozeBud
Online alcohol retailer BoozeBud was founded in 2014 and traded multiple hands before it returned to its founders' management.
It collapsed in May after struggling to cope with the nation's economic stresses.
Michael Brereton and Sean Wengel of William Buck were appointed administrators.
BWX
Major beauty and wellness company BWX had ownership stakes in Sukin and Zoe Foster-Blake's Go-To skincare range.
It sunk into administration in April with FTI Consulting taking over management.
The company said customer destocking and inventory and working capital issues were behind the decision.
Rivet Mining Services
Rivet Mining Services provided bulk haulage to mining companies across the country.
It entered administration in March and appointed FTI Consulting to handle the collapse.
Its parent company Blondie Trading also went under and appointed FTI.
Jenny Craig (Australian arm)
The Australian and New Zealand companies of popular weight loss and nutrition business Jenny Craig appointed voluntary administrators, just days after the US parent company officially filed for bankruptcy.
It was soon sold and still operates today.
Made By Cow
The New South Wales-based company Made By Cow had sold its milk in Woolworths and Coles stores.
It plunged into voluntary administration in May and appointed Kortha Menda.
The company attributed the decision to rising interest rates and inflation.
Porter Davis Homes
Melbourne-based Porter Davis Homes boasted 470 employees and had more than 1500 homes in progress.
In March, it announced its collapse and appointed Grant Thornton Australia.
The company said thin margins and escalating building costs contributed to the decision.
Purely Byron
Actor and model Elsa Pataky's skincare brand Purely Byron collapsed in March, less than a year after it was launched.
DW Advisory were appointed.
The brand was founded last year after Pataky came up with the idea when she moved to Byron Bay in 2014.
PBS
PBS begun as a family-owned firm in Canberra 33 years ago before expanding across New South Wales and Queensland.
It went into voluntary administration in March with RSM Australia Partners Jonathon Colbran, Richard Stone and Mitchell Herrett appointed administrators for the five entities that made up the building company.
PBS collapsed owing $25 million to its creditors and making redundant 180 of its staff.
In2Food Group
In2Food Group provided food to commercial kitchens, cafes, restaurants and aged care homes across the country.
It was placed into voluntary administration in March - the second time in two years.
Global accounting firm HLB Mann Judd took over management.
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