News

What's next for Australian packaging reform? The Department of Climate Change, Energy, the Environment and Water has outlined a three-option framework for proposed reforms to the packaging system.

Recording a net loss after tax of $182.1 million ($60.4 million adjusted) and total group gross profit down 61 per cent to $56 million, Synlait announced a one-off 20c/kg MS (milk solids) payment to South Island dairy farmers to shore up its milk supply.

Wine Australia recently showcased Australian wine on the global stage in North American and Nordic markets, with a series of roadshows in Houston, Vancouver, Stockholm and Copenhagen.

Fonterra Co-operative Group has released its revised strategy, revealing plans focused on the ingredients and foodservice sectors in an aim to grow value for farmer shareholders and unit holders.

A nationwide campaign to unite Australians on a quest to reduce the amount of food waste we all make at home – The Great Unwaste – was launched yesterday, on the UN’s International Day of Awareness of Food Loss and Waste. Developed by the not-for-profit End Food Waste Australia, the project aims to transform how we think about and manage food through simple changes that have a big impact.

Health and wellness food company, Forbidden Foods, has completed the acquisition of 100 per cent of the issued capital of plant-based non-dairy brand Oat Milk Goodness (OMG), with the companies settling for $3.42 million.

The ACCC, halfway through its 12-month Supermarket Inquiry, has released its interim report. With 81 submissions, seven roundtables, and 21,481 responses to its consumer survey (the most ever received), the commission said it had identified “a number of key issues” that will be scrutinised in the final report. 

One year on from the launch of Largo Beer, founders and Lime Cordiale musicians, Oli and Louis Leimbach, have received fantastic results – including a win at the World Beer Awards.

Sanitarium has proposed a merger of Weet-Bix and Nestlé’s Uncle Tobys Vita Brits. The ACCC is reviewing the deal, investigating how it will impact pricing, quality, and competition.

After 30 years with the business, six of those as CEO, Steve Donohue says he is stepping down as CEO and managing director. Donohue and the board said it was “the right time” for a new leader.

It’s been quite the week. If the major retailers thought they were out of the Weeds of Scrutiny, the ACCC put a swift end to that. Another food and beverage manufacturer declared voluntary administration, this time, dairy processor, Beston Global Food. Food & Drink Business editor Kim Berry reflects on the week that was.

Future Food Systems has released the first line-up of speakers for For Food’s Sake. With conversations ranging from circular economy to strengthening local economies, the summit is on 27-28 February 2025 at the Pacific Bay Resort, Coffs Harbour.

With just two weeks left, AltProteins 24 is fast approaching. Taking place on Thursday, 10 October, at the Sofitel on Collins in Melbourne, this year’s theme, Serving Solutions, will bring together world-class experts and industry innovators.  

Thomas Foods International says its latest board and senior executive appointments will ready the company for its next stage of global growth. Tony Stewart is stepping down as group CEO to become an executive director.

Meat & Livestock Australia’s latest report shows 2023 was a stable year for the red meat industry, with an $81.7 billion turnover, after volatile market conditions in previous years.

The New South Wales government has launched its Advanced Manufacturing Research Facility’s (AMRF) Connect hub, aiming to boost domestic manufacturing capability by connecting industry and investors.