PLAY PKN: Video News Bulletin 30 October

In the news this week: AUSPACK, APPMA, Huhtamaki, KitKat, AIP, APCO 

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Food & Drink Business

Global seafood supplier, Safcol Australia, has broken ground on its new $80 million purpose-built food manufacturing facility in Edinburgh, South Australia – expected to deliver double the production capacity of the company’s current site.

The federal government has released its formal response to the Senate Select Committee on Supermarket Prices, rejecting calls for forced divestiture powers while advancing a suite of supplier protections, pricing regulations and competition reforms.

In a FY26 trading update, Bubs Australia forecasts revenue of $105–115 million but warns that reported EBITDA could land anywhere from –$2 million to +$2 million.