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Food & Drink Business brings you a round-up of the top stories making news this week. 

ICYMI: v2foods founder resigns, Hard FIZZ creates advisory board, ASIC sues Freedom Foods, Vow applies for FSANZ approval, and Scott's Refrigerated Logistics enters receivership. 

Packaging News

The World Packaging Organisation has named 234 winners for the WorldStar Packaging Awards 2026, which were selected from 481 entries submitted across 36 countries.

ACOR is calling on the Government to urgently introduce packaging reforms or risk the collapse of Australia’s plastic recycling sector and face millions of tonnes of plastic waste polluting the environment.

As 2025 draws to a close, it is clear the packaging sector has undergone one of its most consequential years in over a decade. Consolidation at the top, restructuring in the middle, and bold innovation at the edges have reshaped the industry’s horizons. At the same time, regulators, brand owners and recyclers have inched closer to a new circular operating model, even as policy clarity remains elusive.