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Treasury Wine Estates has reported a statutory net loss of $1,078.7 million for FY26, with $1.31 billion in post-tax material items from its US write-downs drowning out an operating result that landed ahead of guidance. Read more
Welcome to the July edition of PLAY, your monthly wrap-up of the biggest stories shaping Australia's food and beverage manufacturing industry. This month we're looking at court action, a major take-private deal, alleged tomato provenance fraud, new leadership and investment in manufacturing capability. Let's get into it.
With foodpro just weeks away and the Hive Awards winners recently crowned, the latest issue of Food & Drink Business is a reminder that an industry grows stronger when it gets in a room together. Our foodpro preview, Hive Awards review, and wrap of ConTech’s 30th conference are testimony to that. There are profiles of foodpro exhibitors, a spirited Rising Star, industry news and so much more.
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.
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.
Seedlab Australia says FMCG brands need to be more thoughtful about whether protein genuinely adds value, or whether it risks becoming the next overused health claim.
The ACCC has refused MicroStar Logistics’ proposed acquisition of assets from collapsed keg pooling operator, Konvoy, ruling for a second time that combining Australia’s only two keg pooling providers would substantially lessen competition.
FSANZ and the AFGC have weighed in behind the consumer regulator’s inquiries into the ABC’s food fraud investigation, as Simplot-owned Leggo’s rejects the findings.
Australia’s tax on alcohol has risen again, prompting warnings that taxed-spirits are becoming unaffordable and that rising drink costs are driving demand for cheap, illicit alternatives.
South Australian entrepreneur, Sarsha Harvey, has expanded Local Kitchen Co after taking over the former Bedford Industries’ ‘Cultivate’ site at Brooklyn Park.
Orora’s Australian cans operation has delivered another year of strong growth, helping the packaging group maintain steady underlying earnings despite challenging conditions across the glass market.
Amcor’s latest financial results point to a significantly expanded global packaging operation following its acquisition of Berry Global, with Australian packaging set to benefit from the global expansion.
In an initiative led by Viva Energy in partnership with Nestlé, a limited run of KitKat chocolate bars wrapped in locally manufactured recycled PP is rolling out to stores nationwide, demonstrating the potential for locally collected soft plastics to be returned to food-grade packaging in Australia.
