News

MD & CEO of The a2 Milk Company, Jayne Hrdlicka, has stepped down. Hrdlicka said the reality of the company's growth trajectory would mean the role was “too difficult to manage” with her other commitments.

Bubs Australia Ltd has announced it raised $30 million before costs from a share placement to new and existing investors. The shares were sold at $0.95 per share here and overseas.

Pernod Ricard Winemakers has become the first major wine company in Australia to source all of its electricity from 100 per cent renewable energy.

Coles will pay Norco $5.25 million after an ACCC investigation found an "egregious breach" of Australian Consumer Law.

The founders of Balter called it “a massive day” as it announced the craft brewery had been bought by Carlton & United Breweries. Balter started on the Gold Coast in 2016.

Chantale Millard has been appointed CEO of Longtable Group. Her appointment follows the resignation of Laura McBain, CFO Michael Caragounis and the retirement of chair Tony Robinson in the last five weeks.

The food and beverage manufacturing sector showed strong performance in November, despite the Australian Industry Group Australian Performance of Manufacturing Index (PMI) falling to its lowest level since August 2016.

Researchers from the University of New South Wales have developed a way to turn banana plantation waste into biodegradable and recyclable packaging.

Foodservice distributor Bidfood Australia will be eliminating cage eggs from its supply chain by 2025. The company provides 115 million eggs to the foodservice industry each year.

A little idea from a little region in the Queensland Tablelands has evolved into a big global opportunity in the functional foods market. Samantha Schelling writes.

Metcash has announced a $237.4 million impairment to goodwill and other assets in its food business. It comes after 7-Eleven would not renew its east coast supply contract, which expires in August 2020.

v2food has secured a factory site in Wodonga, Victoria, with the plant-based meat company expecting to invest around $20 million in the facility. The new site follows only a week after the company’s $32 million Series A funding announcement.

More than a quarter of Australians over the age of 18 have consumed spirits in an average four-week period, with gin representing the largest pick-up in recent times, a report from Roy Morgan has found.

The AIP has called for speakers for the 2020 Australasian Packaging Conference, to be held in Melbourne in April.

A study by James Cook University's Molecular Allergy Research Laboratory has found an "alarming" level of undeclared and potentially deadly allergens in imported products.

New Zealand is a key supplier to the global food market. Its capacity to meet future nutritional demand is linked to the speed at which technology is adopted, writes Emma Wheeler of KPMG New Zealand.