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The Andrews Labor government in Victoria is launching a new government body to support the transformation of the state’s waste and recycling systems.

Recycling Victoria aims to strengthen the state’s waste and recycling sector, driving innovation and industry security, helping circular economies to thrive, and supporting the introduction of the new container deposit scheme. 

The new entity will oversee new standards, regulations and reporting in the waste and recycling sector, to build community confidence and encourage businesses to innovate, invest and grow Victoria’s circular economy. 

Recycling Victoria will work with councils, industry, regional communities and traditional owners to create a better and more reliable waste and recycling system, reduce landfill waste, improve resource recovery, and cut greenhouse gas emissions. 

Delivering state-wide stewardship, planning, regulatory and market oversight functions, Recycling Victoria will have a strong regional focus and presence across the state. 

Recycling Victoria will also work closely with partner agencies, including Sustainability Victoria and the Environment Protection Authority. 

Victorians’ transition to a state-wide four-bin household waste and recycling system will also be monitored and enforced by Recycling Victoria.

“Recycling Victoria will help transform our waste and recycling system, with strong regulations holding service providers to the highest possible standards,” said Lily D’Ambrosio, minister for environment and climate action.

“This will help deliver a recycling system Victorians can rely on, as we divert waste from landfill and create thousands of new jobs. 

“By expanding and strengthening our waste and recycling capabilities across the state, we’re investing in the future of our environment and for all Victorians.” 

The Labor government says its transformation of the recycling and waste sector is fostering new industries, boosting the state’s economy by up to $6.7 billion by 2030, creating nearly 4000 jobs, and helping divert 80 per cent of all waste from landfill, supported by the new body.

Food & Drink Business

The Top 10 remained a stable list this year, with five companies holding their position – Fonterra (#1), JBS (#2), Coca-Cola Eurpacific Partners (#3), Asahi  (#4), and Thomas Foods International (#7). The biggest change was Treasury Wine Estates dropping out of the list, from #10 to #13.

Welcome to this year’s Top 100 edition. Each year, when we sit-down with IBISWorld to review the list, there is a sense of anticipation about what it will reveal. New entrants, big jumps and the inevitable tumbles, the list has it all.

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.