News

Australian climate technology company, Rumin8, has been given provisional registration by the New Zealand Agricultural Compounds and Veterinary Medicines for its methane reducing feed additive to be tested on commercial livestock.

PepsiCo Australia is extending its partnership with Indigenous non-profit, Jawun, for a further three years. The PepsiCo Foundation has been providing funding to support Indigenous communities through Jawun since 2021.

The current linear food supply chain needs to be updated; it’s wasteful and harmful to the environment. Pivoting to circular economy practices can reduce waste and address food shortages, but a lack of awareness, complex logistics, and the investment needed can pose significant barriers, but change is possible.

After months of a divestment strategy and restructuring program to reduce debt, Mighty Craft has gone into voluntary administration after the collapse of a proposed merger with Better Beer. Liam Healey and Quintin Olde from restructuring company, Ankura, have been appointed administrators.

Australian no alcohol wine producer, Edenvale, has invested $5 million into a new processing facility, featuring cutting-edge dealcoholisation technology created in partnership with BevZero and Logichem.

Australian start-up, Food Recycle, says its $3 million capital raise will help commercialise its patented technology that turns food waste into high-performance animal feed. The raise will be through crowd funding platform, Swarmer, with an EOI opening on 8 August.

The Federal Court has reserved judgment on the appropriate penalty in proceedings brought by Australian Securities and Investments Commission (ASIC) against Noumi, regarding alleged historic breaches of the company's disclosure obligations.

Almost none of Australia’s top 20 food businesses have begun to assess nature-related impacts, dependencies, and risks in their value chains, with even less disclosing them, a report released today by the Australian Conservation Foundation (ACF) has found. In the first assessment of its kind, the ACF says it hopes its The Future of Food benchmark report will help shift the food system to “strive for greater outcomes”.

Accolade Wine parent company, Australian Wine Holdco Limited (AWL), has acquired Pernod Ricard’s Australian, New Zealand, and Spanish wine portfolio for an undisclosed sum. Subject to regulatory approvals, the deal is expected to be finalised in 2H CY25. 

Australia's biggest recycling company, Visy, has commissioned the country's first oxygen-fuelled glass furnace at its recycling and remanufacturing facility in Penrith, Western Sydney.

Reality and potential. That is what this week’s Global Food Forum in Brisbane boiled down to. More than 400 people working in agriculture and food and beverage manufacturing – let’s call it what it is, our food system – brought together to hear about the industry feeling the weight of myriad issues while bright and ever present in the distance, the industry’s own green light at the end of the dock with its promise of opportunities, growth, and economic security.

At the 12th annual Global Food Conference this week, Visy chair, Anthony Pratt, delivered a keynote address of positivity and promise. While his sentiment might not have been a dominant one throughout the day, Pratt’s message was clear, the sector has shown immense growth and will continue to do so.

The post-pandemic era has resulted in a swaying range of public opinion towards companies. Roy Morgan has conducted its End of Financial Year webinar – where CEO, Michele Levine discussed public opinion of corporate Australia.

Energy prices, high production costs, and excessive regulation were recurring themes at this year’s Global Food Forum, held in Brisbane yesterday (17 July). More than 400 industry leaders across the food and agribusiness sector were in the room. Here are just some of the highlights.

The Western Australian government is continuing to support the local food and beverage manufacturing sector, investing half a million dollars into the latest edition of its Agrifood and Beverage Voucher Program.

A new research report, commissioned by Cancer Council, has investigated the impact of zero alcohol products on Australian teenagers, as concerns arise that they could be a gateway to future alcohol usage.