This week’s Top 5 stories

Take a look at the stories that caught everyone’s attention on the Food & Drink Business website this week: Woolworths CEO Brad Banducci resigns; shifts in the plant-based meat landscape; merged businesses form Fonterra Oceania; Bega relocates Betta Milk manufacturing to Hobart; and Wide Open Agriculture looks to offload its retail brand. 

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Packaging News

Multi-Color Corporation (MCC) has successfully completed its financial restructuring process and emergence from its prepackaged Chapter 11 process.

The AFGC has welcomed Budget measures aimed at boosting manufacturing, while warning that Middle East instability could drive costs across food, grocery and packaging supply chains.

The Boomerang Alliance has backed a federal Greens bill proposing a national packaging EPR scheme, saying it reflects growing frustration over stalled packaging reform and missed recycling targets.