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Take a look at the stories that caught everyone’s attention on the Food & Drink Business website this week: Tempo Group acquires Nourish Foods; Treasury Wine's reinforced sustainability strategy; SecondBite's new CEO, and a big week for Wide Open Agriculture, which entered into a non-binding MOU with Saputo Dairy Australia, and acquired the assets of European Lupin producer Prolupin

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Packaging News

Australia's environment ministers have declared packaging reform urgent and named soft plastics as an initial priority, but offered no firm timetable or regulatory commitments. SPSA has welcomed the soft plastics focus, while Boomerang Alliance and WMRR have raised concerns about the lack of concrete action.

Economic analysis commissioned by SPSA estimates national recycling reforms could deliver up to $278m in net productivity gains and stimulate up to $2.6b in capital investment each year.

A cross-sector open letter is urging national leaders to agree on a pathway for regulated producer responsibility schemes at the September Environment Ministers Meeting.