News

Synlait Milk’s half year result to 31 January 2025 reported a net profit after tax (NPAT) of $4.8 million, up 105 per cent on the prior corresponding period (pcp). Acting CEO, Tim Carter, said the result was a “considerable commercial achievement”.

The Australian Renewable Energy Agency has opened a second round of its Powering the Regions Fund: Industrial Transformation Stream program, with $70 million in additional funding available to support industrial decarbonisation solutions.

The first stage of the inaugural Australia-China Winemaker Immersion Program has wrapped up, with four Chinese winemakers heading home after three weeks of collaboration and learning during Treasury Wine Estates’ vintage season.

Agrifood innovation accelerator, Farmers2Founders, has launched a new initiative to support Queensland-based female founders. TekWomen QLD aims to provide Queensland-based women with the tools and support to build, launch, and scale startups in the agrifood-tech sector.

The year-long investigation by the Australian Competition and Consumer Commission into pricing practices by the major supermarkets has delivered 20 recommendations, with the caveat there is “no silver bullet” to address the issues identified and, in some cases, further investigations are needed.

This month marks five years since the Australian National Cabinet implemented lockdown restrictions in response to severe acute respiratory syndrome coronavirus 2, or COVID-19. AIFST scientific advisor, Adjunct Professor Deon Mahoney, reflects on the response from the food sector, and the lessons learned for the future.

Health and wellness trade show, the Naturally Good Expo, is returning to Sydney on 26-27 May 2025, bringing its innovation showcase competition, Pitch Fest, with it. The event will take place on 26 May at the ICC Sydney, Darling Harbour, free to all registered Naturally Good Expo attendees.

Australia’s oldest family-run distillery, St Agnes Distillery, is celebrating 100 years of pioneering spirits in 2025, with a series of events in Adelaide and Renmark where brandy enthusiasts will immerse themselves in the rich heritage of St Agnes.

The judging is over and the results are in... finalists for the 2025 round of the annual Australasian Packaging Innovation & Design (PIDA) Awards have been revealed with a high number of innovative designs recognised across multiple categories – the most in Food and Sustainability.

Gas and engineering company, BOC, has begun supplying carbon dioxide (CO2) to industry from its new carbon dioxide processing facility in Longford, Victoria.

New research from not-for-profit organisation, End Food Waste Australia, has revealed improvement in behaviours and perceptions around household food waste, six months on from the release of The Great Unwaste campaign.

Executive members of the International Fresh Produce Association ANZ have unanimously elected Premier Fresh Australia COO, Dean Gall, as the new chair. He has also been appointed as the region’s representative on the global board, a position to be formalised later this year, and replaces Richard Bylaardt with immediate effect.

Top Shelf International (TSI) says it has officially sold its Campbellfield production facility to Idyll Wine Co (IDL). It announced the proposed sale in February.

Market research company, T Garage, is using its proprietary Insight IQ tool and AI to better understand consumer sentiment. Partner and director of Strategy, Jed Simpfendorfer, and Research director Amanda Leigh-Jones, reveal their findings on what consumers want in the chilled dairy category. 

The City of Sydney has plans to expand its food waste reduction scheme in partnership with circular economy solutions company, Goterra. Since January, the New South Wales-first council trial has turned food waste from inner Sydney into around 19,000 kilograms of fertiliser and 6000 kilograms of protein-rich animal feed.

The latest data from inventory management software company, Unleashed, has shown export-focused Australian food and beverage manufacturers are maintaining significantly less excess stock, as the United States' controversial tariff policy unsettles the global market.