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Inghams Group reported a 65 per cent drop in profit in the first half of FY26, causing the share price to fall almost 16 per cent, wiping $172 million from its market capitalisation. Read more
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.
Beston Global Foods Ltd has received a $2 million grant through the South Australian Government’s Regional Growth Fund to expand its lactoferrin plant in Jervois, South Australia.
Woolworths has completed the fitout of its 15,000-square-metre customer fulfilment centre in Sydney’s west, the company’s largest online hub. It will create up to 900 new jobs for personal shoppers.
Arnott's Group has announced an $8 million upgrade to its Shepparton plant. The investment will see the plant supply the growing Asian soup market, expanding its export business by 400 per cent.
It took a global pandemic to focus attention on the need for a robust, nimble and diverse manufacturing sector. For AMGC MD Dr Jens Goennemann, now is the time for Australian manufacturing to shine.