PLAY PKN: Video News Bulletin 16 April
In the news this week: Visy, Woolworths, Detpak, Nestle, Smarties, Hasbro, Bondi Sands, ABA, AIP, PIDA.
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Brought to you by Currie Group.
Treasury Wine Estates (TWE) has agreed to sell Seppelt to Stonier CEO and co-owner Aaron Drummond and partners, the latest step in its plan to cut its brand portfolio from 76 to fewer than 30. The deal includes the Seppelt brand, the Great Western winery and cellars, and the Drumborg vineyard. No price was disclosed.
South Australian grape growers will have access to loans of up to $500,000 to turn unviable vineyards into more sustainable uses under the South Australia Wine Industry Transition and Growth Package, the state government says.
When the Advanced Manufacturing Growth Centre (AMGC) recently unveiled its new $10 million SME Industrial Decarbonisation Fund, the reaction across Australian industry was immediate. Alongside constructive questions about practicality and timing, one message came through clearly: manufacturers are paying close attention to the opportunity.