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

Following the voluntary administration of Recycling Plastics Australia and confirmation that no Commonwealth packaging scheme will be introduced this term, voices from across the packaging and recycling value chain have delivered a blunt assessment of what is at stake.

Pact Group CEO and managing director Sanjay Dayal has advised the board that he intends to leave the company, with an executive search now under way for his successor.

With a Commonwealth packaging scheme ruled out this term, pressure is building ahead of the 18 September Environment Ministers Meeting, as industry, recyclers and environmental groups demand clarity on what meaningful national reform can still be delivered – and when.