News

The federal government has announced it is investing $14.9 million into nine projects worth over $40 million under Round 10 of the Cooperative Research Centre Projects (CRC-P) initiative.

Australian cultured meat company Vow has secured $7.7 million (US$6 million) seed funding from some of the country’s leading venture capital companies.

Freedom Foods Group’s recovery plan took another step forward this week with confirmation three existing board members will retire at the AGM on 29 January 2021.

Ingham’s will sell its New Zealand dairy nutrition business to SunRice Group for around $10.79 million (NZ$11.5 million). The sale is expected to be completed by the end of March.

The Arnott’s Group will buy the Cereals and Snacks business from Freedom Foods Group for $20 million in cash. The sale is set to be completed by 1 March 2021.

Accolade Wines will sell two of its wineries and relocate production of Petaluma, Croser and Grant Burge portfolios to its Tintara and St Hallett wineries.

The Australian Competition & Consumer Commission has handed down its report from the perishable agricultural goods inquiry, making four recommendations.

Direct wine-to-consumer business Naked Wines announced a $5 million rescue fund – Stop the Squeeze – to support quality Australian independent winemakers affected by China’s wine tariffs.

The second round of grants from the Manufacturing Modernisation Fund (MMF) is open, with businesses able to apply for $100,000 to $1 million to invest in new technology.

Grounded Foods co-founder Veronica Fil shares how the team is championing sustainability with its cauliflower and hemp seed cheese in the US. Doris Prodanovic writes.

Contract manufacturer ABC Filling will consolidate its operations at its Lisarow site on the Central Coast after receiving a $1.8 million NSW Government regional investment grant.

The labour market has been ever changing in 2020. APG Workforce national business development manager Neil Bentham takes a look back on the labour requirement phases of COVID-19.

No business was untouched by COVID-19 in 2020. Food & Drink Business asked industry leaders about the pandemic’s impact, both immediate and into the future.

Nestlé Australia has promised to accelerate local commitments to decrease its greenhouse gas emissions. The move follows news from its global HQ that it would halve emissions by 2030.

Slater & Gordon has filed a class action against Freedom Foods Group and its auditors, Deloitte Touche Tohmatsu in the Victorian Supreme Court.

Australia’s seafood industry is calling on consumers to switch one meal a week to Australian seafood, as the local lobster industry reels from the impacts of the nation’s trade tensions with China.