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

Australia’s food and beverage manufacturing industry is converging on Melbourne this July for foodpro 2026, the country’s leading trade event for processing, packaging and innovation. Event director, Louise Brooks, looks at what attendees can expect.

SPC Global (ASX: SPG) says it remains on track to deliver 25 per cent growth in normalised EBITDA for FY26, with its Q4 trading update showing the $100 million equity raise completed in the quarter has cut net leverage to below 2x, as restructuring begins at its Shepparton site.

The New South Wales government is investing $28 million through the Agriculture Industries Innovation and Growth Program to support 14 innovative projects to help boost local jobs, regional economies and increase productivity across the agriculture sector.