News

Being vigilant, proactive and greater resilience are needed to address the supply chain obstacles and connectivity exposed by COVID-19, a new report from the APEC Policy Support Unit says.

US almond growers’ group Blue Diamond Growers has accused Freedom Foods of breaching its licence agreement and fraud. It is seeking US$16 million.

In the biggest business-boosting budget in Australia’s history, federal Treasurer Josh Frydenberg announced a $35bn programme designed to help beleaguered businesses get back on their feet.

It’s World Egg Day, and Sunny Queen Australia is asking “how do you like your eggs?”, encouraging Aussies to get creative in the kitchen to celebrate.

Danone’s milk formula brand Karicare has committed to reduce and offset 100 per cent of its carbon emissions at each stage of the product lifecycle by 2030.

Dairy commodity markets have weakened globally, while specific factors continue to influence prices and create diverging trends. Maxum Foods procurement director Dustin Boughton provides this market report.

Denada proves it doesn’t need sugar to be classified as ice cream. Two-thirds of the team, Charlotte Haygarth and Sophie Lawrence, speak about going against the grain in the better-for-you market.

Lark Distilling Co is one of four nominees in the running for the title of Worldwide Whiskey Producer of the Year, following its gold and silver medal wins at the International Wine and Spirits Competition.

Five Australian companies are on the shortlist of 45 start-ups part of Rabobank’s global food and agri startup program FoodBytes! Virtual Pitch for 2020.

Perth-based Holista Colltech will launch one of the world’s lowest GI, clean label white breads into North America, as it enters an agreement with US bread maker Costanzo’s Bakery.

The September/October issue of Food & Drink Business is out now. We look at the latest trends in ingredients, organic producers tapping into the snacks and confectionery market, dairy processors' response to COVID-19 and much more.

Tanarra Capital has invested in Australian family-owned dairy company Barambah Organics, while former Accolade Wines ANZ MD Matthew Stanton is its new CEO.

Fonterra CEO Miles Hurrell has said it is “time to pass the baton” of its China farms to local partners after “successfully developing productive model farms” in the country, selling the hubs for NZ$555 million.

Pure Foods Tasmania will establish an incubation fund for Tasmanian food and beverage start-ups, to help develop new proprietary products, as well as provide strategic guidance to grow the businesses.

Fruit and vegetable processor SPC has taken a majority stake in a frozen food manufacturer to grow its capabilities in aged care and health markets.

Australia’s first accelerator program specifically designed for start-ups operating in the native ag+food sector is working with 12 early stage native food and agriculture businesses across Australia.