Synlait Milk has reported a $75.4 million net loss for FY26, but a return to operational stability in the second half delivered a sharp improvement in earnings as the dairy processor continued its turnaround.

Australian ready-made meal business, Fast Fuel Meals, has entered voluntary administration, with more than $20m in creditor claims outstanding as the company considers a change of ownership.

CocoCoast is targeting $200m in annual revenue within five years after growing 53% in the past year, as it looks to exploit gaps in the US beverage market created amid tariff disruption.

The evolution of fermentation from familiar tradition to a powerful platform for future food innovation was the topic of conversation at a recent invitation-only Novonesis business breakfast for business leaders from the Australian and New Zealand food and beverage industry.

Food & Drink Business’ latest print issue is hitting desks, bringing readers up to speed with the innovations, partnerships and industry achievements shaping the Australian industry.

Allied Pinnacle has been recognised by The Arnott’s Group for its continued partnership to build a more sustainable wheat flour supply chain, following significant progress in reducing its carbon impact.

Tasmanian whisky distillery Sullivans Cove is increasing its presence in selected international markets as stocks produced following its landmark 2014 World Whiskies Awards win reach maturity.

The Asia Pacific International Spirits and Wines Alliance (APISWA) has appointed Ian McKendrick as its new executive director.

More than seven million Australian adults could be using GLP-1 medicines by 2036, and the packaged categories most exposed are already recording double-digit declines among current users, according to new research from EY.

In a first for the professional services company, PwC, it will offer workplace opportunities for graduates of OzHarvest’s Nourish program. Nourish is part of the food rescue organisation’s social enterprise hospitality business, Gastronomy.  

With Australia’s productivity slide concentrated in industries that make, move and sell physical goods, supply chain automation company, Dematic, says the national debate has been looking in the wrong building.

Seedlab Australia has supported more than 600 small FMCG businesses, generating over $30 million in combined program value and Woolworths sales.

South Australian ready-meal business Local Kitchen Co has become the first in the state to enable SaH and NDIS participants to walk into a store and buy pre-made meals using their package funding.

Endeavour Group and data analytics firm Quantium have launched Distilled Data, a platform giving the retailer’s trade suppliers access to combined point of sale and aggregated shopper data across Dan Murphy’s and BWS.

Ingredients distributor, Brenntag, says its Innovation & Application Centre for Nutrition in Jakarta, will provide food and beverage manufacturers in the region access to formulation development, application testing, laboratory analysis, pilot production and technical training.

Brisbane-founded and owned beef brand, Senku’s Pure Wagyu fillet – bred and raised on a Central Queensland farm, has taked the top global title at the World Steak Challenge in Amsterdam.