Video News Bulletin: 11 July

Every week, Food & Drink Business editor Kim Berry brings you the latest news in the food and beverage manufacturing sector. This week: Treasury FIRB investigations, Wide Open Agriculture, sugar debate, Pure Foods Tasmania, Barentz and Crush Dynamics. 

This week saw the debate on taxing sugar sweetened beverages (SSBs) return to centre stage. As Australia – and the world – grapple with the reality more than eight million people die every year from an unhealthy diet, is another sin tax the answer to reducing obesity and diabetes?

In this episode, Food & Drink Business editor Kim Berry is joined by Australian Food & Grocery Council (AFGC) CEO, Tanya Barden, to discuss the current state of play for Australia’s food and grocery sector.

The Australian Institute of Packaging will be running a panel at the upcoming National Food Waste Summit, with a focus on Save Food Packaging. The summit runs from 24-25 July at the MCEC in Melbourne.

Welcome to The Food & Drink Business Top 100 Food & Drink Companies 2023 report. Compiled in collaboration with IBISWorld, this flagship report ranks by revenue Australia’s biggest players in the food and drink sector. Who made it into the Top 10, which companies rose in the ranks with impressive revenue growth, and which ones fell – it’s a fascinating informative glimpse into Australia’s largest manufacturing sector.

Red Tractor, ALDI collab to ease food insecurity

Health food company, Red Tractor, and ALDI Australia have joined forces to support food relief agency, Foodbank Australia, with a campaign to help reduce food insecurity. The “Buy One, Give One” initiative will see Red Tractor donate a 1.6-kilogram bag of oats to Foodbank, for every bag of equivalent size sold in ALDI. The campaign starts on 17 July.

ACCC seeks feedback on sustainability collaborations guide

The ACCC has released a draft guide on sustainability collaborations between businesses. It explains the competition law risks that may arise and how the commission may be able help even if there are potential competition concerns.

Maggie Beer Holdings CEO resigns

Maggie Beer Holdings CEO, Kinda Grange, has resigned, 15 months after she was appointed to the role. Grange says she's looking to progress her career and will remain with the company until a new CEO is found.

Artificial Intelligence and Machine Learning in the food and drink sector

Marcel Koks is the Industry and Strategy Solution director for the Food & Beverage sector at Infor, a global business cloud software company. With more than 20 years' experience in working with companies implement enterprise applications for resource planning and supply chain management, Koks shares his insights with Food & Drink Business on how AI can help businesses improve process productivity and efficiency. 

Australian Vintage offloads and exits vineyards

Seppeltsfield Estate owner, Randall Wine Group (RWG), has acquired the 230-acre Lyndoch vineyard in the Barossa Valley from Australian Vintage. Meanwhile, the sale of Belvino’s Balranald Vineyard releases Australian Vintage from its long-term lease of the property.

Sanitarium delivers an Australian first with latest plant milk range

The Sanitarium Health Food Company is continuing its history of innovation in the health food market, with the launch of a new generation of plant milks that incorporate superfood ingredients for targeted health benefits.

Bega Group 'toasties' to 125 years

Australian dairy and food company, Bega Group, is celebrating its 125th anniversary and plans for the future with a classic cheese and Vegemite toastie.

Packaging News

A $40m investment in advanced mechanical recycling for soft plastics will see the construction of a new processing facility in South Australia at Recycling Plastics Australia’s Kilburn premises, with the application of proprietary technology supplied by PreOne.

The concepts of 'collection' and 'creation' have come together in a new brand identity for fast-expanding packaging and resource recovery and recycling operation Close the Loop, which has positioned itself as a circular economy leader operating in four major global regions. 

Singapore-headquartered VektroPack, which recently opened an Australian office, has launched kerbside recyclable paper-based packaging for Coles’ Bake and Create and Simply baking chocolate range. Recyclability has been verified by Opal.