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The federal government has invested an additional $55.8 million through the 2026 budget to address border and biosecurity threats from illegal foreign fishing in Australia’s northern waters.
Treasury Wine Estates has unveiled TWE Ascent, a multi-year transformation program that will more than halve its brand portfolio, exit commercial wine segments and consolidate investment behind Penfolds, DAOU and Matua as its global ‘Power Brands’.
Maggie Beer Holdings has received a non-binding offer to sell its Hampers and Gifts Australia business to an unnamed multinational buyer – at a fraction of the price it paid five years ago.
