PLAY PKN: Video Bulletin 20 May

In the news: AUSPACK 2022, APPEX 2024, APPMA Awards, Amcor, Opal, Mondelez, Caps & Closures.

 
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Food & Drink Business

The federal government has confirmed it will not proceed with the Tax Laws Amendment (Incentivising Food Donations to Charitable Organisations) Bill 2024, saying the legislation contains “deficiencies that compromise its policy intent”, even as food insecurity remains at record levels across Australia.

A lot of food and beverage brands look strong when they’re small. They have one product, one pack, one clear idea and then they grow. That’s usually when things start to unravel, not all at once, but quickly enough to matter. The Creative Method founder and creative director, Tony Ibbotson, explains why – and growth is not the problem. 

Victorian-based Aquafab has completed a $620,000 Series A raise through Birchal, supported by over 300 investors. The company told Food & Drink Business that the funds will support continued national growth and plans in place to enter the US and UK markets this year.