PLAY PKN: Video Bulletin 30 June

In the news: Recopak, Pact Group, Aldi Australia, Australian Packaging Covenant Organisation - 2023 APCO Annual Awards, Australian Packaging and Processing Machinery Association - APPMA Awards of Excellence, Australian Institute of Packaging - new president.

Brought to you by Ball & Doggett.

Food & Drink Business

The a2 Milk Company has reached an in principle agreement to settle a shareholder class action for $62 million, drawing a line under litigation tied to its FY21 earnings guidance.

The Albanese government has accelerated access to three National Reconstruction Fund sub-programs, including a $1 billion zero-interest loan facility for fuel, fertiliser and other critical supply chain businesses, as global trade disruption continues to pressure Australian manufacturers.

Australia’s national science agency has proposed cutting up to 52 net roles from its Agriculture and Food division and exiting food ingredient innovation, precision fermentation, microbial technologies, and its national food innovation network – changes the food tech sector says leave a significant gap.