A billion dollar loss. A $3.5 billion dollar bet on Australian protein. And a reporting season that said more about manufacturing decisions than it did about margins. Welcome to the August edition of PLAY, your monthly wrap-up of the biggest stories shaping Australia’s food and beverage manufacturing industry. Let’s get into it.

Our Top 100 2025 edition of Food & Drink Business magazine is more than the annual flagship Top 100 Report. Industry leaders reflect on the year past and the one ahead, we provide our annual news review, M&A wrap-up, and all the executive moves, and a Roman-inspired sports drink, Posca, is our final Rising Star for 2025.

Top 100 2025: Inside the list

Food & Drink Business and IBISWorld present this year’s Top 100 companies, a ranking of Australia’s largest food and drink companies by revenue. This year reflects a sector positioning itself for immediate term viability and long-term competitiveness.

SA govt $109m lifeline for wine industry

South Australian grape growers will have access to loans of up to $500,000 to turn unviable vineyards into more sustainable uses under the South Australia Wine Industry Transition and Growth Package, the state government says.

ARA launches industry-first Sustainability Framework

Australia's rendering industry has strengthened its sustainability credentials, with the ARA formally launching its first Sustainability Framework at the conclusion of its 18th International Symposium.

AMGC Decarbonisation Fund: “massive opportunity”

When the Advanced Manufacturing Growth Centre (AMGC) recently unveiled its new $10 million SME Industrial Decarbonisation Fund, the reaction across Australian industry was immediate. Alongside constructive questions about practicality and timing, one message came through clearly: manufacturers are paying close attention to the opportunity.

NewCold expands Truganina cold-storage hub

Global cold-chain logistics company, NewCold, has officially opened its $200 million freezer expansion, adding 80,000 pallet positions to Australia’s largest automated cold-storage operations.

Dairy faces supply squeeze and protein demand

Australia’s dairy sector is expected to continue growing in 2026/27 – although at a more measured pace – as global dairy markets enter a period of transition, according to Rabobank's latest report.

Baiada opens major Tamworth poultry plant

Baiada Poultry has opened a new large-scale poultry processing facility in Tamworth, significantly increasing its production capacity with advanced automation, chilling and traceability technology.

Cellular Agriculture Australia names new CEO

Cellular Agriculture Australia (CAA) has announced a leadership transition as it prepares for its next phase of growth in an evolving food innovation sector.

Packaging News

Australia's environment ministers have declared packaging reform urgent and named soft plastics as an initial priority, but offered no firm timetable or regulatory commitments. SPSA has welcomed the soft plastics focus, while Boomerang Alliance and WMRR have raised concerns about the lack of concrete action.

Economic analysis commissioned by SPSA estimates national recycling reforms could deliver up to $278m in net productivity gains and stimulate up to $2.6b in capital investment each year.

A cross-sector open letter is urging national leaders to agree on a pathway for regulated producer responsibility schemes at the September Environment Ministers Meeting.