The news you need to know: February 2026

Welcome to Food & Drink Business PLAY. Here are our top stories for February – from food safety and major retail scrutiny, to a big sustainability investment and a new global player backing an Australian beverage business.

Packaging News

Flexible packaging industry veteran Joe Foster is launching a new independent venture, Foster Packaging, returning to his roots following a recent leadership role in Australia’s packaging and recycling sector.

APCO CEO Chris Foley has delivered a candid message to members: Australia’s packaging targets were missed, the system settings are flawed, and reform needs to embrace practical, enforceable change.

As part of a $20m long-term investment in Tasmania, Visy has opened a new Packaging Hub in Devonport, to supply cardboard packaging to dairy, brewery, berry and fresh produce customers across the state.