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The Department of Climate Change, Energy, the Environment and Water (DCCEEW) has released the National Framework for Recycled Content Traceability, which aims to transition to country to a circular economy by driving the reuse of recovered plastics, glass and other materials into new products.

The primary objective of the National Framework is to enhance the level of trust in recycled materials by providing guidance to businesses on how to collect and effectively share pertinent information regarding recycled materials.

The Framework utilises the GS1 Traceability standard to provide companies with a structure for tracking and tracing product as they move from origin to destination, which is a critical requirement in managing recycled materials.

“We welcome the delivery of this important framework. It will provide guidance to industry on how to manage recycled content,” said Maria Palazzolo, executive director and CEO of GS1 Australia.

“We are particularly pleased that government has reference the use of GS1 standards to solve some of the problems identified. Invoking standards that are already in use by more than 22,000 Australian businesses will make the task of implementing the framework considerably easier.”

GS1 concludes by saying the launch of the National Framework for Recycled Content Traceability is a testament to the Australian government’s commitment to sustainability, and is expected to contribute substantially to strengthening the nation’s recycling sector.

Food & Drink Business

The largest shareholder, director, and managing director of health and wellness company Jatcorp, Zhan (Jack) Wang has resigned, effective immediately. He remains the largest shareholder. Sunny Jian Xin Liang continues as CEO.

In recent years, there has been growing recognition that food and agriculture should be viewed not solely as economic sectors but as pillars of national resilience and security. The combined pressures of geopolitical tensions, natural disasters, tech vulnerabilities, and climate change are driving broader recognition of sovereign risk in food production and supply chains, placing it alongside traditional domains of national defence and security. MEQ CEO, Remo Carbone, writes.

The a2 Milk Company says it’s expecting mid to high single-digit revenue growth in FY25, updating its previous guidance of mid single-digit. EBITDA as a percentage of revenue is expected to be broadly in line with FY24. The company has also introduced a dividend policy.