News

Thomas Foods International has moved from two shifts to one extended single shift at its Lobethal processing facility, due to drought and lower livestock supply. The company said it was a “difficult but necessary decision”, given current market conditions.

One of the country’s biggest owners of pubs, bars and hotels, Australian Venue Co, has attracted a new private equity partner to support its next stage of growth.

Annual food price inflation eased to 3 per cent in the June quarter, according to the latest Consumer Price Index (CPI) data from the Australian Bureau of Statistics (ABS), down from 3.2 per cent in the March quarter. Meanwhile, egg prices continue to soar.

Australia’s largest egg company, Sunny Queen Australia, has been inducted into the Queensland Business Leaders Hall of Fame for its commitment to innovation and reputation as the leading Australian producer, marketer and distributor of egg products for over 50 years.

Sydney craft breweries, Wayward Brewing Company and Akasha Brewing Company, have been acquired by Powder Monkey Group, an independent hospitality collective with operations across the UK and Australia.

T garage Insights and Strategy and The Brand Power Company have signed an agreement for its AI-powered innovation platform, InsightIQ, to be rolled out internationally through Brand Power’s hometesterclub.com global review platform.

Australia’s premier conference on alternative proteins, AltProteins 25, has released its program for the event, which will be taking place in Sydney for the first time, on 14 October. Organiser, Food Frontier, says it is embracing a “provocative new format”.

Australian ag-tech company, MEQ, has achieved US Department of Agriculture (USDA) certification for its MEQ Camera V2 Technology for accurately and precisely measuring the yield and quality of beef.

From outright abstinence to Dry January and the rise of no-alcohol products, moderation is reshaping the global beverage alcohol landscape. The latest research from beverage alcohol data and insights leader, IWSR, looks at the complex and ever-changing trend variations among different age groups and markets.

Australian wine consumption is undergoing a significant transformation, according to the inaugural State of the Grapes report, a collaboration between Wine Australia and Endeavour Group. The new data uncovers large scale shifts in the nation’s palates, giving insight into what the wine shelves of the future could look like.

Buderim Ginger has been inducted into the Queensland Business Leaders Hall of Fame in recognition of its world class ginger products and distinguished global reputation. The company was founded in 1941 by five Buderim ginger farmers in response to a global ginger shortage during World War II.

Western Australia’s first AgTech-focused landing pad, PropaGATE, is bringing global innovation to the state’s doorstep, connecting international solutions with local industries to address real-world challenges, starting with wastewater in beer production.

Entries are now open for the 2025 Melbourne Royal Wine Awards, an annual opportunity for Australian winemakers to have their wines benchmarked against peers and receive feedback from expert judges to improve quality and inspire innovation.

The Western Australian Food Industry Education Collaboration (WAFEC) program is working to connect talented STEM students with food and beverage businesses across the state.

Digital freight and logistics platform, Ofload, is continuing to push for growth and strategic expansion – with the appointment of former WiseTech Global group financial controller, Harmen Fredrikze, as its new chief financial officer.

The Women Founders and Funders Singapore Pitch Showcase is returning on 5 November, to spotlight and celebrate women-led entrepreneurship as a driving force in building regenerative food systems and resilient economies.