• Hon. Lily D’Ambrosio, Minister for Energy, Environment and Climate Change, is second from the left.
    Hon. Lily D’Ambrosio, Minister for Energy, Environment and Climate Change, is second from the left.
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PacPrint 2017 was opened this morning by Hon. Lily D’Ambrosio, Minister for Energy, Environment and Climate Change.

The minister reinforced the state government’s support for the development of new printing technologies at the opening.

Among the technology on display at the Melbourne Convention & Exhibition Centre this week is the first public demonstration of new ‘printable’ solar energy panels developed by the University of Newcastle (UON).

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Located on the lawn area between the MCEC and the Yarra River, the custom-built 100m2 pop-up site will allow the public to touch the material and walk through and under it, as well as introduce its potential to the 12,000 print industry professionals attending the show this week.

Minister D’Ambrosio said the project was an example of the innovative new energy technologies that can be developed in Victoria with the right support.

"It’s good for local manufacturing, and it’s good for jobs,” she said.

“Because of the manufacturing process used, these low-cost, light-weight cells have the potential to revolutionise the production of solar panels and solar energy, as well as helping to deliver a new ‘functional printing’ revenue stream for the printing industry.”

Print is the second-largest manufacturing industry in Australia, generating $8 billion per annum. 

PacPrint 2017 will run from today till 26 May.

Food & Drink Business

Australian Vintage has secured a $128 million debt refinancing through to March 2028, with an option to extend a further year to 2029, as the McGuigan wines owner reports a significant second-half cash turnaround and upgraded sales momentum heading into FY27.

Endeavour Group has used its first investor day since demerging from Woolworths to lay out a three-year transformation plan targeting $300 million in cost savings, a scaled-back dividend payout, and the exit of most of its winery and vineyard portfolio.

The winners of the 2026 International Wine Challenge (IWC) have been selected, with Australia performing incredibly well. Beresford Estate and Penfolds were singled out, receiving the top International Trophy in the Syrah and Cabernet Sauvignon categories respectively.