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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Food & Drink Business

Since Mark Post introduced his cultured meat burger in 2013, the industry has attracted nearly US$3 billion in private investment and more than 150 founders have established new companies, developing innovative food products by leveraging cell biology and advanced biomanufacturing techniques. It hasn't been without its challenges and critics, but life sciences and biotech consultant, James Ryall, says cultured meat represents a lot more than an alternative food source.

Sustainable protein manufacturer, Harvest B, says its latest range is a world first, combining sustainable plant proteins with traditional animal proteins in a 50:50 blend to deliver a product with improved health, environmental, and yield claims.

The Australian Securities and Investments Commission says a number of changes to the leadership team is an “opportunity for executive renewal” and part of the commission’s “ongoing transformation towards being a modern, ambitious and confident regulator”.