Industries in the Food Manufacturing industry group transform livestock and agricultural products into products for intermediate or final consumption. The industry groups are distinguished by the raw materials (generally of animal or vegetable origin) processed into food products. It also includes the manufacture of beverages and tobacco products.
In another key decision regarding legal professional privilege the Federal Court has ruled that a company waived privilege by disclosing a report to ASIC, despite a voluntary disclosure agreement (VDA) aiming to restrict its use.
The market for non-alcoholic or low alcohol alternative drinks has exploded in recent years. With consumers becoming more health conscious than ever, coupled with demographic shifts away from alcohol consumption, it is no surprise that people have been drawn to the possibility of avoiding a hangover.
This article summarises the key information provided at the ANZ Food Regulatory System Stakeholder Forum that is most relevant from a food industry perspective, particularly the regulatory priorities that were identified for 2024.