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Calls for sweeping national packaging reform are intensifying with independent MPs Dr Sophie Scamps and Kate Chaney joining the Boomerang Alliance in Canberra today, to press for urgent federal action on plastic waste.

PKN EXCLUSIVE: Australia’s growing dependence on imports is exposing critical weaknesses in its manufacturing base. Drawing parallels with past industry decline, Aleks Lajovic argues that without long-term policy support and a shift in perception, the nation risks losing sovereign capability in essential sectors such as plastics and packaging.

PKN’s latest quarterly print issue is hitting desks and landing in inboxes, bringing readers up to speed with the innovations, investments and strategic shifts shaping packaging across Australia and global markets in early 2026.

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Food & Drink Business

Advanced biomanufacturer, Cauldron Ferm, has raised $13.25 million in a Series A2 priced round led by Main Sequence Ventures, with participation from Horizons Ventures, SOSV, and NGS Super.

Global consumer goods business, Unilever, has confirmed it is in discussions with McCormick & Co on the sale of its Food business. Both companies have released statements saying while negotiations are ongoing there is no certainty of a deal.

Australian organisations could gain access to the world’s largest pooled research fund by early 2027, as the federal government begins treaty negotiations on association to Horizon Europe, the European Union’s $155 billion flagship research and innovation funding program.