Aussie VC invests in world-first food waste tech

The Beverage Reconciliation Industry Network Group (RING) has seen major beverage companies join forces to help First Nations businesses build connections with corporate procurement teams during Indigenous Business Month. The partners include: Asahi Beverages, Australian Venue Co., Coca-Cola Europacific Partners, Coles Group, Diageo, Endeavour Group, LION and Suntory Oceania.

Murray Cod Australia (MCA) reported a record 175.9 tonnes of fish sold in 1H27, lifting sales volume by 45.7 per cent. Net sales rose 34.2 per cent to $3.92 million, as it shifts away from using seafood distributors.

End Food Waste Australia (EFWA) is moving away from its Food Pact program to launch End Food Waste Australia Membership. EFWA says it provides a more flexible model for organisations of any size.

Net revenue for Bubs Australia fell 9.8 per cent to $23.1 million in Q1 FY27, with operating cash outflow widening to $6 million from $4.4 million on the prior corresponding period.

Australian food processors are facing a growing commercial squeeze as major retail and foodservice customers want stronger environmental credentials from suppliers, while continuing to push hard on price. New modelling from the Australian Meat Processor Corporation (AMPC) shows Australia’s red meat processing sector could achieve net zero emissions by 2045 without sacrificing profitability.

Perfection Fresh has admitted to cartel conduct in supplying vegetables to ALDI and will jointly ask the Federal Court with the ACCC to impose a $12 million penalty. The NSW-based wholesaler is Australia’s second-largest fresh vegetable supplier.

Circana retail scan data shows sales of bottles of shiraz under $10, fell 8.3 per cent over the past year, but sales above $35 grew 6.9 per cent. According to the data, shiraz accounts for two in every five dollars spent on bottled red wine in Australia, which covers the year to 4 October 2026.

Sullivans Cove Distillery has turned casks left over from its brandy production into a new single malt release, Double Cask Batch Nº DC0127, priced at $250.

With six generations of consumers shopping side by side for the first time, poor product quality registered as the biggest frustration across the board, with 47 per cent saying they were most annoyed when food spoils too quickly or doesn’t last. The finding comes from the latest report by UK-based product intelligence platform, Vypr into Australian consumers, Six Generations, One Shelf.