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Twenty-twenty was an eventful year to say the least. As the tumultuous year comes to a close, the world is still reeling from the deadly Covid-19 pandemic, which has impacted every aspect of life and business.

But there was more to this year than disease and strife. Big deals were done, innovations launched, and progress towards sustainability was made.

To read the roundup of the most important stories of the year, published in PKN's Nov-Dec 2020 issue, click here.

Food & Drink Business

Wine Australia is running a coordinated program of trade, education and promotional activity across the Asia Pacific, backed by federal government funding, as the sector works to rebuild demand in China and diversify into Southeast Asia.

Australian beef exporters face a 55 per cent tariff on shipments to China for the rest of 2026 after the country exhausted its annual safeguard quota in under six months, removing tariff-free access to one of the sector’s largest markets.

A Western Australian truffle grower says it has unearthed the state’s first cultivated white truffle, opening a potential new product line for a region that already supplies the bulk of the Southern Hemisphere’s black truffle.