In the news this week: Zero Co, APCO, Australian Dairy Federation, Pact Group, Woolworths Macro, Nestlé Starbucks by Nespresso, Sanitarium’s Weet-Bix, Goodman Fielder’s Praise.
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The New South Wales government has established its $25 million Agriculture Industries Innovation and Growth Program to increase uptake of innovative technology and equipment in the local agriculture sector. Applications close 23 January.
The Western Australian government has announced recipients for round seven of its Agrifood and Beverage Voucher Program, offering a share of $680,000 in funding to small-to-medium food and beverage companies.
Treasury Wine Estates has flagged softer near-term earnings as category conditions weaken across key markets, while outlining a broad reset of inventory, capital structure and operating costs under newly appointed CEO, Sam Fischer.