News

Breakthrough Victoria has appointed Rod Bristow as its new chief executive officer, managing the Victorian government’s $2 billion Breakthrough Victoria fund. He takes over from inaugural CEO Grant Dooley, who decided to step down in August 2024.

At the end of last week (5pm, 7 February) confectioner Yowie Group called in its loan facility with its major shareholder, Keybridge Capital Limited. Three days later Keybridge went into voluntary administration.

Macadamia company, Marquis Group, has reported a strong 2024 harvest season, closing out with empty warehouses. Growers benefited from a significant increase in the Notional Price, which rose from $1.80/kg in 2023 to $3.20/kg in 2024.

Maxum Foods latest dairy commodity update paints a picture of a still-volatile market, as shifting milk output trends and evolving trade policies impact producers.

A study by The George Institute for Global Health has found only 63 per cent of alcohol products in Australia displayed the mandatory pregnancy warning label, despite being given a three-year period to phase in.

After years of pandemic-driven spikes and subsequent corrections, the latest data from IWSR shows ecommerce sales of alcoholic beverages are forecast to surpass $36 billion by 2028, reflecting a 20 per cent increase in value over the next five years.

2025 marks the 10th annual International Day of Women and Girls in Science, an occasion to promote female role models in science fields and support the creation of an inclusive environment for young women. Food & Drink Business spoke with experienced food and beverage innovation consultant, Dr Angeline Achariya, about the current state of the industry for women in science, and opportunities to improve.

The ACCC has rejected the Infant Nutrition Council’s (INC) application to continue the infant formula marketing agreement for another five years citing concerns over its effectiveness and impact on competition.

Jet Technologies, specialist distributor of products across the FMCG, food and beverage, industrial, manufacturing, printing and packaging sectors, has two BDM positions available in Melbourne.

Entries are now open for the 2025 Hive Awards, and close 21 February. Check out 2024's Best NPD Award winner, Perfection Fresh.

Suntory Oceania is holding a national recruitment drive for 80 new roles in its dynamic Liquor Route-to-Market team, as the business gears up for the launch of its $3 billion multi-beverage business in mid-2025.

At the start of the year, there is a lot of talk about trends in food and beverage. What consumers want, new flavours, new textures, and more. But what about on the operations front? Regional GM and senior VP for cloud software company, Infor, Terry Smagh shares his three predictions for the year ahead.

SPC Global CEO, Robert Iervasi, has written to shareholders, reassuring them recent share price movements reflect short-term market dynamics, not the company’s operational or financial performance. SPC’s share price has fallen almost 50 per cent since it listed on the ASX on 17 December.

ASIC’s appeal to the Full Federal Court in its case against Noumi’s former CEO and MD, Rory MacLeod, has been successful. The court found that providing documents to ASIC in accordance with a voluntary disclosure agreement did not waive a valid legal professional privilege (LPP) claim.

Coles has launched a national campaign to help fund paediatric care, equipment and projects, with sales from select brands raising money for national children’s charity, Hospitals United for Sick Kids.

Saputo Dairy Australia’s (SDA) Cobram site has received the 2024 Business of the Year award by Goulburn Murray Local Learning and Employment Networks (GMLLEN) for the Moira Shire local government area.