Read more
Global food business, Kraft Heinz, has reported a statutory loss for FY25 and halted plans to split the business while it focuses on returning the company to profitable growth. CEO Steve Cahillane also announced an $860 million (US$600m) investment plan. Read more
CSIRO has focused on supporting Queensland businesses in its latest Innovate to Grow round, a free R&D training program helping small to medium-sized enterprises (SMEs) transform ideas into research-ready projects. Applications close 16 March.
Infant formula company, Nuchev Limited, has appointed Nathan Cheong as its new CEO, taking up the role from Mick Myers, who will transition to COO in conjunction with his previous position as CFO.
Entries are now open for the 2025 Hive Awards, and close 21 February. Check out 2024's Business Excellence Award (Headcount <75) winner, Kommunity Brew.
A selection of Victorian wineries will be featured at the world’s largest wine museum in France as part of a two-year partnership with the Victorian government.
With Coca-Cola’s acquisition of Billson’s Beverages finalising, Coca-Cola Europacific Partners (CCEP) is taking on the responsibilities of sales and distribution for the brand’s range of alcoholic ready-to-drink (ARTD) beverages. In an exclusive with Food & Drink Business, CCEP general manager – Licensed, Australia, Mitchell Lenaghan, and Coca‑Cola vice president of ARTD, ASEAN and South Pacific (ASP), Matthias Blume, explain what it means for the business.
Victorian distillers are set to receive government support to expand production, with the opening of applications for the Business Growth Fit-for Purpose grants, as part of the $20 million Distillery Door Program launched in 2021.
The Senate Committee has released its report on the National Organic Standard Bill 2024, which took 26 submissions from stakeholders into consideration to decide how to proceed with regulating organic products in Australia.
Entries are now open for the 2025 Hive Awards, and close 21 February. Check out 2024's Business Excellence Award (Headcount >75) winner, The Dinner Ladies.
Treasury Wine Estates says its walking away from trying to sell its Commercial brands portfolio because the offers received were too low to be considered. At the Premium end of its business, Penfolds delivered an “outstanding result”.
The National Farmers Federation Horticulture Council is calling for an independent review of the national food safety regulators developing new food standards, focused on the updated regulations introduced for berries, leafy vegetables and melons yesterday.
The launch of Allied Pinnacle’s product range using the high fibre wheat brand, Wise Wheat, has been more than 20 years in the making. Following decades of R&D, the wheat contains six times the fibre of regular wheat flour without impacting the texture or flavour of the finished product.
To mark the 50th anniversary of the National Wine Show of Australia, the nation’s capital will host a four-day festival from 12-15 June, set to become an annual tourism event – the National Wine Festival of Australia.
Entries are now open for the 2025 Hive Awards, and close 21 February. Check out 2024's Local Manufacturing Award winner, Openway Food Co.
The government has released its Strategic Examination of R&D discussion paper, prepared by the panel members announced in December, led by Tesla chair and former Telstra CFO, Robyn Denholm.
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.