Campari Australia has announced the sale of its manufacturing site located in Derrimut, Victoria to Garage Beverages Manufacturing. Agreements have been signed for the purchase of the facility, with sale targeted for completion towards mid-2025.
The federal government handed down its last budget this week before the election, expected sometime in May. Treasurer Jim Chalmers said the measures would help build a stronger economy, but the business response has been one largely of underwhelm – a lack of vision and real reform. For the food and beverage sector it was unsurprising with more tinkering around the edges with no meaningful policy development or direction.
Seedlab Australia has selected the latest cohort of entrepreneurs for Bootcamp 11, and opened applications for Bootcamp 12, continuing its mission to support the growth of early-stage FMCG businesses across Australia and New Zealand.
