News

Melbourne-based craft brewery, Deeds Brewing, will close after it failed to find an investor to bail it out of voluntary administration. Deeds entered VA on 13 March.

Changes to the Competition and Consumer Act, including the power to divest supermarkets if found to have misused their market power, are key recommendations from the Senate Select Committee on Supermarket Prices. But Labor and Coalition senators delivered dissenting reports.

CSIRO says that its Just Meat protein powder can give an allergen-free protein boost to snacks and beverages, creating a lucrative opportunity in the $3.8 billion health and wellness market.

New Zealand-based peanut butter company, Fix & Fogg, has gone beyond “crossing the ditch” and aimed straight for the stars. The company was more than happy to satisfy a request for its nut butters from NASA astronauts for their six-month stay on the International Space Station.

A UNSW team has used ultrasonics to cut the time it takes to make cold brew coffee from 24 hours to three minutes. The trio attached their patented sound transmission system to a domestic espresso machine to make it happen.

This year’s pivotal event in the fight against food waste, the National Food Waste Summit, features an impressive line-up of international speakers and Australian experts passionate about addressing one of the most critical environmental challenges of our time.

Australian distilleries are bringing home the fourth largest medal haul of any country from the recent San Francisco World Spirits Competition. Melbourne-based Starward Whisky had a stellar show, scoring 13 Double Gold medals.

As consumers increasingly focus on better-for-you food and drink choices, opportunities grow for manufacturers to add functional ingredients to existing or new products to meet the demand. Kim Berry reports.

Pure Foods Tasmania (PFT) says its 3Q24 results should be viewed “through the prism of major restructuring” that was focused on “tight capital management, cost reduction, and product rationalisation”. PFT has also announced a capital raise.

Three years after resigning as managing director of Lion Australia, James Brindley is back in the role as the company announces a series of structural and people changes.

Chinese researchers have discovered a connection between alcohol content and temperature that could impact the way companies produce and market beverages.

Australian Vintage CEO, Craig Garvin, has been dismissed for conduct the board said, “displayed a lack of judgement and was inconsistent with the values of the company and the high standards expected of its CEO”.

The Victorian government has set out its plan to halve food waste by 2030, with objectives to build a circular economy, find new ways to prevent food waste, and reuse and recycle food to limit its impact. In the first of a series of Smart Business articles with Food & Drink Business, CommBank looks at how some of Victoria’s food and beverage manufacturers are answering the call for solutions.

Galway Pipe's Bourbon Barrel Tawny 10 YO has received the Best Wine from Australia Award at the Frankfurt International Trophy 2024. More than 2500 wines were entered this year, with nine Australian wineries bringing home 21 awards.

Health and wellness trade show, Naturally Good, has announced the finalists in its annual Naturally Good Awards, with a gala event on 3 June to reveal the winners. The trade show runs from 2-4 June at the Sydney International Convention Centre.

Co-founder and head distiller of Four Pillars Gin, Cameron Mackenzie, has been inducted into the Australian Distillers Hall of Fame. The announcement was made at the Australian Distillers Annual Conference this week.