PLAY PKN: Video Bulletin 1 March

In the news: Frugalpac, Mother of Pearl Vodka, Close the Loop Group, IVE Group, JacPak, Coca-Cola Europacific Partners, Pro-Pac Packaging, Soft Plastics Taskforce, Visy.

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Food & Drink Business

The federal government is in pre-budget mode with prime minister Anthony Albanese announcing a new wave of economic reform under the banner of the Future Made in Australia Act. Thin on detail but heavy on promise, Albanese says it's time for the government to step in and shore up the country for a more competitive global economic reality.

Lactalis will close its factory in Echuca, Victoria this year as it consolidates operations at its Bendigo site, where much of an $85 million investment will be spent.

In a move to provide working capital and pay down debt, Top Shelf International (TSI) has signed a $5 million sale and leaseback deal on its Eden Lassie agave farm with a company owned by non executive director, Stephen Grove.