Price Plastics Pty Ltd and Price Plastics Holdings Pty Ltd - Voluntary Administration

Price Plastics Pty Ltd and Price Plastics Holdings Pty Ltd entered voluntary administration on 9 September 2025, with David Hardy, James Dampney and Gayle Dickerson of KPMG appointed.

The Melbourne-based manufacturer has supplied plastics to industrial and consumer markets for decades.

The engagement was referred to KPMG by Grant Thornton, with National Australia Bank identified as a secured creditor. The administrators have confirmed they will continue trading the business while assessing options.

While the specific causes of distress have not been disclosed, the plastics sector has been under sustained pressure from rising energy and input costs, competitive imports, and increasing regulatory requirements.