The federal government has decided to defer the phased transition to full cost recovery for export regulatory services for one year, established a new Fertiliser Supply Working Group, and brought forward $6.15 billion in concessional capital to support Australian businesses affected by global disruptions.
Knorr, Hellmann’s, Maille and Frank’s will sit under McCormick’s roof in a transaction that marks Unilever’s exit from food manufacturing and the second-largest food deal in history.
Fonterra Co-operative Group has completed the sale of Mainland Group to French dairy giant Lactalis, closing a divestment process that began in mid-2024 when the co-op announced a strategic shift to become a pure-play global B2B dairy provider.