The premium end of the market will help the new owners of Australian confectioner Darrell Lea differentiate themselves from market leaders Mars and Kraft, according to a market analyst.
Carlton & United Breweries (CUB) CEO Ari Mervis admits the SAB Miller subsidiary was wrong to change the recipe for Victoria Bitter (VB), but is changing the Aussie beer back to its original recipe.
Norway-based krill supplier Aker BioMarine announced Tuesday that Australian authorities have upheld the lion’s share of its Australian krill oil patent over a re-examination challenge lodged by competitor Neptune Technologies and Bioressources.
A multi-million dollar Australian pet food firm has snapped up troubled confectioner Darrell Lea for an undisclosed sum as it plans to delve into a new market area.
The Fonterra-dominated New Zealand dairy industry will experience a growth slowdown over the next decade as growth-driving factors evolve, agribusiness Rabobank has forecast.
Australasian food processing major Goodman Fieldr has inked an agreement to sell Integro, its commercial oils business, to a consortium comprising of GrainCorp and Gardner Smith.
Australia’s much debated and contested ‘container tax’ is one step closer to being implemented with a key government body giving its consent to the initiative.
The Plant & Food Research Institute in New Zealand has received more than NZ$5 million (US$4m) in the latest round of government-backed science funding to develop fish ranching.
Food manufacturers shifting their operations from Australia to New Zealand across the Tasman Sea have come under the scanner in the region with workers alleging the practice is being used as a threat.
Listeria-killing Listex P100 has been approved for use in Australia and New Zealand, making it the first bacteriophage product for food safety to be permitted for use in Australasia.
The Australian Food and Grocery Council (AFGC) has called on fast action to be taken to reform the country’s food processing sector in light of a recently published Senate report.
Cocoa compounds found in dark chocolate can reduce blood pressure in the short term and could help guard against cardiovascular disease, according to a recently released study.
New Zealand's biggest city - Auckland - is toying with the idea of dropping junk food advertising from public property – a move that could set a dangerous national precedent for food manufacturers.
The New South Wales (NSW) Food Authority has confirmed the safety of a re-formulated Nestlé infant formula product following consumer complaints that the new recipe was making children ill.
The Australian beverage industry has come out strongly against claims made by an environmental lobby group that drink makers are benefiting from a newly introduced ‘container tax.’
Nestlé Australia has ordered tests on its recently re-formulated Nestlé NAN H.A. 1 Gold infant formula after it received a number of complaints from parents that the 'new, improved' product was making their children ill.
Australia and New Zealand’s food standards regulator is calling for submissions on an application seeking to adopt World Health Organization (WHO) limits for chemicals in packaged water in the region.
Foster’s Group has hit out at complaints leveled at its Victoria Bitter (VB) brand Facebook page and upheld by the Australian Advertising Standards Board (ASB), arguing that brands are accountable for user comments as 'advertisements'.
A new report from the Riddet Institute has asked for a joint effort from industry and government to treble the value of New Zealand’s agri-food exports by the year 2025.
Free trade discussions between India and New Zealand have hit an obstacle with the former refusing any concrete move to open its dairy sector to the Kiwis.
Wine makers in New Zealand are planning to use an “influence the influencer” strategy in an aim to increase their market share in China’s booming wine market.
Struggling Australian food firm Goodman Fielder has lowered its full-year 2012 (FY12) earnings forecast as costly restructuring of its baking units and rocky trading conditions slam revenues.
Marketing non-core foods to children via product packaging in supermarkets should be of immediate concern to policy makers in Australia, a new study has concluded.
Australian manufacturers of branded foods could face strong competition over the next five years, suggests a new report, which predicts the share of private label products in supermarkets to increase rapidly over this period.
New Zealand has migrated to an industry-designed product recall and withdrawal system, which key businesses say will ensure even greater consumer protection.
The permeate-free revolution in Australian milk is well and truly underway after the country’s dominant retailers revealed their commitment to phasing out the additive from products.
The Chinese year of the dragon is shaping up as a boon for the New Zealand dairy industry in China, the head of a growing NZ-based infant formula company has said.
New Zealand’s government has opened the door for local beef and dairy farmers to take part in a new initiative to produce high-value marbled beef for the premium segment both at home and abroad.
Australia’s medicines regulator – the Therapeutic Goods Administration (TGA) - has added DMAA to its Schedule 9 list of prohibited substances and poisons that includes cannabis, salvia divinorum, GHB, heroin, psilocybin and LSD.
Chinese authorities are clamping down on smuggling ofNew Zealand beef and other meats into the country – although the mainstream New Zealand beef industry says it has little to worry about.
The Australian Association of National Advertisers (AANA) says that the nation’s new ‘independent’ Alcohol Advertising Review Board (AARB) should be scrapped for lack of results.
Australia’s GMP Pharmaceuticals hopes to tap into the infant formula potential in China with its pharmaceutical-grade production facility in New Zealand.
Australia’s carbon tax will hit the food industry hard with imports likely to be favoured in light of unavoidable price spikes, the Australian Food and Grocery Council (AFGC) has said.
Exposure to food colourings among Australian children has dropped over the last four years, according to a new report by Food Standards Australia and New Zealand (FSANZ).
Kraft Foods has urged Australasian authorities to remove restrictions on the package size of low-fat cheese enriched with phytosterol esters – less than two years after calling for their implementation.
Australian food firm Goodman Fielder is fusing its bakery business with three site closures as part of a strategic reorganisation of its business to reduce costs and improve efficiency amid struggling sales.
