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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 Victoria has released the 2025 Victorian Wine Industry Economic Scorecard, which shows the state’s wine industry delivered a record $10.8 billion economic contribution in 2025, up 14 per cent year-on-year.

Australia’s agricultural sector has received a major boost in its ability to measure and communicate environmental performance, with the release of an expanded national Life Cycle Inventory (LCI) dataset covering more than 1500 farm-gate products.

Elders Limited has entered into an agreement with meat processing company, Australian Meat Group (AMG), to divest its Killara Feedlot business, for total consideration of approximately $195.8 million.