Woolworths Group still expects its earnings to increase by 2.8-3.8 per cent to roughly $1.7 billion before tax and interest this year, despite a write-down of its New Zealand unit, a $209m loss against Endeavour Group, and an under-performing Big W.

Eleven Brisbane-based businesses have been selected for Brisbane Economic Development Agency’s (BEDA) 2024 Future Food Global Accelerator program. This year’s participants are progressing a range of innovations from seaweed technology to freeze-dried goat feta.

Heinz has partnered with national charity Eat Up to donate its Beanz to Eat Up’s school lunch program. A recent survey by Heinz revealed that almost a third of Australian parents have had to budget for and change what they put in their child’s lunchbox due to inflation.  

Food redistribution platform Yume says its latest $2 million seed funding round, led by an Asia-Pacific-based early-stage venture capital firm, Investible, will go towards growing its technology capabilities in preparation for expansion overseas. 

The family that bought Darrell Lea out of voluntary administration in 2012 has come to the rescue of another loved brand, Sara Lee. Klark and Brooke Quinn have acquired the business as a going concern, securing more than 200 jobs and an assured supply of frozen desserts.  

A project led by CSIRO’s Trusted Agrifood Exports Mission is digitising safety compliance and quality assurance for food producers to reduce the regulatory burden and unlock insights and opportunities missed in a paper-based piecemeal system.

Victoria Bitter has launched its first major advertising campaign in more than five years, featuring a change to the famous VB anthem, and a broader, more inclusive theme aiming to redefine what ‘hard work’ means. 

Mountain Culture Beer Co’s Status Quo Pale Ale took top honours at this year’s GABS Hottest 100 Craft Beer competition. It was the second year in a row for Mountain Culture, with 436 craft breweries submitting 1877 beers for consideration by the voting public.

In this series, Food & Drink Business revisits its Rising Star alumni. Our regular Rising Star feature in the print magazine profiles founders and their young companies, selected for innovation, creativity, tenacity, and potential. This week, we catch up with OMGhee founder Lisa Ormenyessy.

The installation of a 20-megawatt electrode boiler at Fonterra’s Edendale plant in New Zealand is the latest step for the dairy giant to stop using coal by 2037.

The Australian Competition and Consumer Commission is set to undertake a 12-month inquiry into pricing within the supermarket industry, Prime Minister Anthony Albanese announced at the National Press Club on Thursday (25 January). 

The Advanced Manufacturing Growth Centre (AMGC) has revamped its membership structure and the benefits with each level to continue its commitment to creating a connected Australian manufacturing ecosystem.

A major change to the packaging of popular Australian confectionery brand Allen's is on its way, with a makeover seeing the reduction in plastic it uses equivalent of the weight of 4.6 million Snakes Alive lollies.

Chobani Australia has cut the plastic content by almost half in the packaging for its Gippsland Dairy 160g stirred yoghurt products, by removing the black plastic lid and plastic spoon-in-lid.  

The Alcohol Beverages Advertising Scheme’s (ABAC) new Responsible Alcohol Marketing Code came into effect on 1 January. ABAC is encouraging those involved in the marketing of alcohol to complete its free one-hour online training course. 

Teriyaki, matcha, and gochujang are some of the flavours leading or gaining traction with Australian taste buds, Kerry’s 2024 Taste Charts reveal. The charts are the result of 12 months' research into 13 individual regional markets.