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
Australians love eggs, consuming around 263 per person every year compared to the global average of 161. With such demand and recent industry changes and challenges, Kinross Farms has chosen innovation over hesitation in its operations.
Food Standards Australia New Zealand (FSANZ) is undertaking a second round of public consultation on the case of cell-cultured quail, after reviewing its overall safety and consumer understanding of cultured meats.
Perfection Fresh has partnered with Mexican grower, Campos Borquez, to bring Calypso mangoes to the US market. After four years of rigorous trials, propagation is underway for the first commercial plantation early in 2025.
Australian cocktail company, Curatif, has become the first producer to win a category in the International Wine & Spirit Competition (IWSC) three years in a row, awarded World’s Best RTD Producer for the third time in 2024.
The Western Australian government is assisting agrifood and beverage businesses to capture export market opportunities at five upcoming international trade events, held across Asia and the Middle East.
Surplus food marketplace app, Too Good To Go, is setting up shop in Sydney, doubling its Australian presence since launching in Melbourne in August.
Singapore will hear from 10 female agrifoodtech entrepreneurs at the Women Founders & Funders Singapore 2024 pitch night next week, recognising women from across the Asia-Pacific region and the UK.
The Government of Italy and the EU have called on the Anti-Dumping Commission to terminate its investigation “without further delay” into SPC Global’s allegations that Italy is dumping tinned tomatoes on the Australian market at reduced and subsidised prices, causing material injury to the local industry.
In the first major alternative proteins partnership between Australia and China, Nourish Ingredients has signed a joint commercial agreement with Chinese biotech company Cabio Biotech to manufacture and distribute Nourish’s flagship product, Tastilux, throughout the Asia Pacific region.
The New South Wales government’s Return and Earn program is partnering with food relief organisation, Foodbank NSW & ACT, aiming to raise $250,000 to help feed families in need this summer.
Shipping costs have risen 12 per cent annually, driven by soaring fuel costs domestically and internationally. Labour market volatility and the rising cost of warehouses have also played major roles according to Steve Zammit, CEO of the Australian logistics technology platform, Interparcel.
The Federal Court has dismissed claims by global coffee company, Koninklijke Douwe Egberts BV (KDE) that Australian coffee brand, Vittoria, was passing off its freeze-dried Vittoria branded coffee as KDE’s Moccona brand by packaging the product in a glass jar.
Wine merchants, Samuel Smith & Son and Negociants Australia, have appointed Ty Menzies as the new executive director sales for Australia and New Zealand, effective December 2024.
Scientists from CSIRO have worked with agricultural innovation company, Nufarm, to increase oil yield from plants. This breakthrough will help advance the production and use of biofuels, such as sustainable aviation fuel.
New Zealand-based ethical soft drink brand, Karma Drinks, is accelerating its Australian expansion, aiming to double its business size within three years as part of a global growth strategy.
Increased promotional activity in the first quarter of FY25 did not translate to sales growth, with CEO Steve Donohue saying while the retail business was growing its market share and loyalty base, the challenge for the category “right now, is one of sales, first and foremost”.