News

Kakadu plum, a native bushfood, has proven to be a promising natural alternative to synthetic chemicals used to preserve meat, according to University of Queensland research.

Bubs Australia says its 3Q24 results show the company is on track to exceed its FY24 forecast of $100 million gross revenue, with an underlying gross margin of 40 per cent.

Confectionery company Yowie recorded a ($1.07 million) loss in 3Q24 due to cost overruns, with its Easter production and the planned shutdown of the Ernest Hillier factory for major upgrades.

The West Australian government says its two-year partnership with the Mid West Food Industries Alliance will build more competitive and innovative food industries and boost growth and employment in the region.

At its Koonunga Hill vineyard in the Barossa Valley, Treasury Wine Estates (TWE) has enclosed 14 hectares of luxury grape vines in a nylon canopy, as it prepares for more extreme climate events and changing regional conditions.

Endeavour Group says joining the Sustainable Wine Round Table will help it work with suppliers to develop and implement meaningful sustainability initiatives. Endeavour is the first Australian retailer to join SWR.

The seemingly unstoppable rise in ready-to-drink (RTD) beverages is well documented. So, what are the key factors driving this trend and the implications for the beverage companies manufacturing them? As Lion launches the RTD Kirin Hyoketsu Lemon into the on tap format, Lion’s RTD brand director, Penni Terrey, talks to Food & Drink Business about just what makes this category so successful and where it’s heading. 

Lyre’s Spirit Co and Edenvale received gold medals at the recent World Alcohol-Free Awards, with 11 Australian producers being recognised out of a field of 450 entries.

As almond growing and processor, Select Harvests, nears the end of the 2024 harvest, it says the 2024 crop may be lower than its original forecast, but it is on track to be one of the largest crops the company has ever produced.

Wide Open Agriculture continues to expand the adoption of its lupin protein, Buntine Protein, with two consumer products containing the protein launched into the retail market.

Dash Water and strawberry farmers Darren and Tarn Hayes, have “wonkified” the Big Strawberry in Koonoomoo, Victoria to send the message that wonky fruits and vegetables are just as beautiful and delicious as any other.

Specialist regional food and fibre marketing and communications agency, C7EVEN Communications, says opening an office in Japan will help Australian food and fibre brands looking to access the Japanese market.

Research led by the University of Queensland (UQ) has uncovered substantial health benefits within the ancient (it was first found in the Jurassic period) and culturally significant bunya nut (Araucaria bidwillii).

Global yoghurt company, Chobani has announced Scott Hadley as its new managing director for Australia/New Zealand. Hadley was previously CEO of ASX-listed TasFoods.

Under pressure from shareholders to cut costs, Unilever has released a revised sustainability strategy that CEO Hein Schumacher describes as “unashamedly realistic”, while critics call it shameful.

Accolade Wines has launched a website to support the buy-back proposal it put to grape growers in the Riverland region. Chief supply chain officer, Joe Russo, said it was critical that growers had adequate information about the proposal.