PLAY PKN: Video News Bulletin 29 January

In the news this week: Nestle, Smarties, Heinz, Matthews Australasia, Ralph Moyle, AIP, World Packaging Organisation

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Food & Drink Business

Western Australian produce companies, Fruitico Pty Ltd and Fresh Express Produce Pty Ltd, have each paid the maximum penalty of $99,000 for alleged breaches of the Horticulture Code – which the federal government recently initiated an independent review for after almost a decade without update.

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’.