Australia’s tax on alcohol has risen again, prompting warnings that taxed-spirits are becoming unaffordable and that rising drink costs are driving demand for cheap, illicit alternatives.
Gleb Tsipursky argues that AI’s value in food manufacturing will depend on learning from its mistakes, with frontline insights helping improve safety, productivity and decision-making.
Treasury Wine Estates (TWE) says it is dropping the value of its US business by a further $558 million in write-downs. This follows the $687 million of write-downs the wine maker made against the business unit in December 2025.
