• Andrew Macaulay, PIAA.
    Andrew Macaulay, PIAA.
Close×

Power surges during heatwave conditions are damaging expensive printing equipment of PIAA member companies in another symptom of a dysfunctional power supply system, according to Andrew Macaulay, CEO (pictured), who blames high energy prices for the fall of RemaPak.

High-profile power crusader Macaulay is continuing to press for Government action as part of his long-running campaign to keep energy prices for printers on the agenda. He points to the slide into administration of RemaPak, the Sydney-based packaging company, as a symptom of high-priced energy.

“It’s ludicrous that Australia, one of the largest exporters of gas in the world cannot maintain supply to local industry at reasonable prices. Suppliers are talking about importing liquid natural gas to meet the shortfall, even as we ramp up export volumes from Queensland,” he said.

Macaulay points to comments by Rod Sims, chairman of the Australian Competition and Consumer Commission, that manufacturers relying on gas will certainly go under at current prices. Sims maintains there is currently a drastic energy shortage in Australia.

“All this feeds through to the higher power prices our members are paying as well as the disruptions to supply due to load shedding on hot days. Members are telling me that power surges are blowing up capital-intensive printing equipment as the network struggles to keep up,” he said.

The latest calls for action reflect a long-running strategy for the Association. According to Macaulay, PIAA members drove the early stages of the national energy policy debate.

“This is now seeing our Federal and State Governments start to take action to focus on the energy consumer’s need for reliable and less costly delivery. PIAA will continue to prosecute this argument.

“We have stepped up and negotiated a service on energy efficiency. This programme will offer members services in reducing their energy consumption, and is forecast to deliver significant saving to participants. The service has just commenced to roll out. It will be offered to all Sustainable Green Print accredited members," he said.

Food & Drink Business

Cobram Estate Olives (CBO) has formally claimed a purchase price adjustment of up to US$31.9 million on its California Olive Ranch (COR) acquisition and expects to pay no earn-out on the deal, as the Australian producer works through the completion of its largest ever transaction.

Maggie Beer Holdings (MBH) has pushed back the expected timing of its proposed $10 million sale of Hampers and Gifts Australia (HGA), with completion now targeted for February 2027 rather than a binding agreement signed by the end of this month.

RMIT University and End Food Waste Australia have launched the new Food and Beverage SME Packaging and Machinery Solution Centre, to help Australian food and beverage SMEs navigate the complex transition to more sustainable packaging and processing technologies, while protecting product quality and minimising food waste.