News

The 2024 Budget had little in the way of new or extended grant programs, but a long overdue review of Australia's R&D ecosystem is welcomed. Increased funds to increase the number of women and people from diverse backgrounds into STEM related fields was also acknowledged as a positive step. 

The 2024 Budget might have delivered back-to-back surpluses, but CPA Australia said the investment incentives for selected industries was good, there was “no shot in the arm” for small business.

In his Budget 2024 presentation, Treasure Jim Chalmers said Chalmers said the Future Made in Australia agenda would be guided by a new National Interest Framework to “better align economic incentives with our national interests” under a Future Made in Australia Act.

From Prime Minister Anthony Albanese’s impassioned Future Made in Australia speech last month, to Treasurer Jim Chalmers delivering the 2024-25 Budget last night, for the manufacturing sector it is clear some futures shine more brightly than others.

Saputo Dairy Australia has confirmed the renewal of its national partnership with food relief charity, Foodbank, for two more years. Last year, Saputo donated just over 595,000 meals and 8400kg of groceries. 

Global ingredient solutions company, Tate & Lyle, says that having its new greenhouse gas emissions reduction targets validated by the Science Based Targets initiative will significantly accelerate its decarbonisation program.

Good Drinks Australia (GDA) says its 3Q24 results shows the company has the scale, capability, and agility to navigate the difficult trading conditions currently impacting the beer industry.

Food rescue and relief companies, SecondBite and FareShare, say their merger will revitalise the food relief sector. The new company will launch on 1 July.  

Although the wine industry is facing a long-term structural decline in a number of markets, alternative wines offer opportunities for growth, IWSR's latest report says.  

Following the sold-out success of last year’s inaugural Foodpreneurs Festival, founder Chelsea Ford says this week's event is bigger and better. It is running on 16-17 May at Swissôtel Sydney.

The food and beverage industry is complex, with myriad rules and regulations intersecting with the specific needs and challenges of each business. Jessica Olivier from RSM Australia explains how professional support can help.

End Food Waste Australia welcomes the recommendations for accelerated nation-wide food waste action in the report by the Senate Select Committee on Supermarket Prices, including date-labelling reform, product specification review and more transparent food waste reporting. 

The New South Wales District Court found Scott’s Refrigerated Logistics guilty of an incident in July 2021, which resulted in the death of a man during a vehicle changeover at Clybucca in New South Wales.  

More and more health-conscious consumers seek science-backed solutions. Trained innate immunity, clinically proven to offer immune benefits, presents exciting possibilities for food, beverage and supplement brands.

Woolworths and Coles have fallen so far in the minds of consumers their reputational crash has surpassed that of Qantas, Roy Morgan CEO Michele Levine says.

Ten start-ups have been selected for PepsiCo’s APAC Greenhouse Accelerator Program 2024. Designed to align to PepsiCo’s pep+ sustainability initiative, the 10 finalists deliver solutions in sustainable agriculture, circular economy, and climate action.