Treasury Wine Estates announced the resignation of CEO, Tim Ford, with news the CEO of Lion, Tim Fischer, will replace him from 27 October. Ford has been at TWE for 14 years, five as CEO and managing director. Fischer will receive a $4 million sign-on fee as compensation for forgoing incentives with Lion. Read more
Chicken breeding technology producing allergen-free eggs, and research on NoLo alcohol production are among 24 projects sharing $50 million in Round 14 of the government’s Cooperative Research Centres Projects (CRC-P) initiative.
Lion has acquired the remaining 50 per cent of leading gin brand Four Pillars, having bought 50 per cent of the distiller four years ago. Four Pillars joins Lion’s Vanguard Luxury Brands distribution business to form a new, stand-alone spirits division called Four Corners Global Spirits.
China relations, export advice, and resolving supply chain issues were just some of the topics covered at the recent Global Food Forum. Kim Berry was there.
Sugar prices have rallied amid tight ‘fundamentals’ around the globe. Rabobank associate analyst Pia Piggott provides an outlook for the sugar market.
The 2023 Queensland AgriFutures Rural Women’s Award winner Emma Gibbons was recognised for her innovative pet food business and commitment to regional manufacturing. Pippa Haupt writes.
Treasury Wine Estates has entered a water licence sale and leaseback agreement with Duxton Water for $39.1 million. The deal encompasses 4770 megalitres (2799 megalitres of high security and 1971 megalitres of high reliability) of permanent water entitlements associated with vineyards it is looking to offload.
While the Bubs Australia board and shareholder faction Save our Bubs go ten rounds in the play pen, the company says it has more than five years’ worth of its Bubs Supreme product in multiple warehouses.
The $392 million Industry Growth Program (IGP) inches closer, with a discussion paper launched asking how the program should be designed and operate to get the best outcomes.
As part of its 100-year anniversary, Vegemite is releasing a remake of its iconic 1950s Happy Little Vegemites TV ad. More than 10,000 kids applied to appear alongside one of the original cast, Trish Cavanagh.
With a recipe passed down through generations, cousins Monique Sutevski and James Projcevski created DNA Distillery. Pippa Haupt speaks to the co-founders of Sydney’s first rakija distillery about its homage to culture, tradition, and legacy.
The Mid-Low-No Alcohol Wine Awards, hosted by Wine Pilot, received more than 140 submissions this year, with Fourth Wave Wine’s Tread Softly winning trophies in several categories.
Cobram Estate has made the Australian Financial Review’s Sustainability Leaders 2023 list for the second consecutive year in the category of Agriculture & Environment, which recognises companies making sustainability progress while delivering business value.
The number of Australian adults consuming ready-to-drink (RTDs) beverages has almost doubled since 2020, with overall alcohol consumption still higher than pre-pandemic levels, but lower than the Covid peak.
Green Endeavour, trading under the names Suncoast Fresh and Fruitlink has paid a penalty of $13,750 after the ACCC alleged it failed to prepare, publish and make publicly available the terms of trade on which it was prepared to trade with growers.
TOMRA Food has appointed Peter Lamb as vice president, head of sales for TOMRA Fresh Food. The new role aims to strengthen TOMRA’s global support of fresh fruit and vegetable packhouses.
The Australian Packaging Covenant Organisation (APCO) has opened applications for the 2023 APCO Annual Awards. This year, the awards include an independent judging panel by the Banksia Foundation.