The inaugural winner of The Golden Hive Award was Kommunity Brew. This beverage company from Western Australia embodies everything The Hive Awards represents and the best traits of food and beverage manufacturing.

In a bid to become a global B2B dairy nutrition provider, dairy co-op Fonterra says it’s looking to divest some or all its global consumer business, including Fonterra Oceania.

While Treasurer Jim Chalmers talked up Australia’s future and cherry-picked emerging industries to allocate funds to, the brewing and distilling industry felt the full brunt of a cold shoulder.

The Food and Beverage Accelerator (FaBA) and the Grains Research and Development Corporation (GRDC) are co-investing on innovation projects in the grains and legumes industry.

Refrigerant Reclaim Australia (RRA) says its successful recovery of synthetic greenhouse gas refrigerants reflects the HVAC sector's commitment to reducing emissions.

Treasury Wine Estates has bought back 2799 megalitres of high security water entitlements from Duxton Water for $25.2 million after they entered a water licence sale and leaseback agreement last year.

The 2024 Budget had little in the way of new or extended grant programs, but a long overdue review of Australia's R&D ecosystem is welcomed. Increased funds to increase the number of women and people from diverse backgrounds into STEM related fields was also acknowledged as a positive step. 

The 2024 Budget might have delivered back-to-back surpluses, but CPA Australia said the investment incentives for selected industries was good, there was “no shot in the arm” for small business.

In his Budget 2024 presentation, Treasure Jim Chalmers said Chalmers said the Future Made in Australia agenda would be guided by a new National Interest Framework to “better align economic incentives with our national interests” under a Future Made in Australia Act.

From Prime Minister Anthony Albanese’s impassioned Future Made in Australia speech last month, to Treasurer Jim Chalmers delivering the 2024-25 Budget last night, for the manufacturing sector it is clear some futures shine more brightly than others.

Saputo Dairy Australia has confirmed the renewal of its national partnership with food relief charity, Foodbank, for two more years. Last year, Saputo donated just over 595,000 meals and 8400kg of groceries. 

Global ingredient solutions company, Tate & Lyle, says that having its new greenhouse gas emissions reduction targets validated by the Science Based Targets initiative will significantly accelerate its decarbonisation program.

Good Drinks Australia (GDA) says its 3Q24 results shows the company has the scale, capability, and agility to navigate the difficult trading conditions currently impacting the beer industry.

Food rescue and relief companies, SecondBite and FareShare, say their merger will revitalise the food relief sector. The new company will launch on 1 July.  

Although the wine industry is facing a long-term structural decline in a number of markets, alternative wines offer opportunities for growth, IWSR's latest report says.  

Following the sold-out success of last year’s inaugural Foodpreneurs Festival, founder Chelsea Ford says this week's event is bigger and better. It is running on 16-17 May at Swissôtel Sydney.