News

A new wine initiative by the New Zealand wine industry has launched in Australia, offering a selection of lighter-in-alcohol wines at major retailers across the country.

Food and beverage production companies have reversed a two-year trend of net working capital reductions, a report by McGrathNicol Advisory says.

Demand for plant-based milks has skyrocketed in Australia over the past five years as traditional dairy industries attempt to wrestle back momentum. IBIBWorld senior industry analyst Matthew Reeves writes.

Bubs Australia will launch into Vietnam’s largest baby store chain Bibo Mart from December. The Vietnamese infant nutritionals market is estimated to be worth around AU$2.2 billion.

Seven Australian seafood companies recently pitched their solutions to industry issues at this year's Fish 2.0 Global Innovators Forum in Silicon Valley.

Coopers Brewery has achieved a two per cent growth in sales volumes during the 2018-19 financial year, yet its profit has dropped to $23.1 million, an $11 million loss from the previous year.

Murray River Organics has announced its exports have increased by 27 per cent over FY2019, attributing sales to Chinese customers as the major contributor to the increase.

Bioscience company Chr Hansen is using ‘good bacteria’ to fight listeria contamination. Doris Prodanovic speaks to ANZ CEO Kylie Evans to find out how.

South Australia’s Randall Wine Group has become the region’s largest vigneron with the acquisition of four more vineyards in McLaren Vale, totalling 142 hectares.

Bubs Australia and China’s Alibaba have signed a master distribution agreement to import adult goat dairy products into China. The sales volume is expected to be worth AU$10 million in the first year.

Coles customers can now place unlimited home delivery orders through the company’s new subscription-based service, Delivery Plus. The service aims to save hundreds of dollars for customers on their delivery costs.

Meat and food processing company JBS Australia has announced a paddock-to-primals traceability system for its King Island Beef brand as part of its relaunch.

Bill Heague will lead as the newly appointed general manager of Mars Food Australia. Heague returns to the local arm of the business following his role as market director in the Mars Central Europe cluster.

When Freedom Foods embarked on its ambitious growth strategy, a comprehensive safety system was needed. Its partnership with Rapid Global has more than delivered.

Murray River Organics will provide an increase of up to $200 per tonne for its third-party dried fruit growers as part of the company’s Sunraysia Grower Water Support Package for the 2020 crop.

Hive + Wellness, one of Australia’s largest packers and marketers of honey, argues Australia could face a honey shortage, with the current season forecast to be the lowest on record.