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Nespresso has partnered with Australia Post in a move which will extend the coffee company's recycling program to those living in rural areas.

By using a special post satchel ordered online, consumers from anywhere in Australia can now mail their used aluminium capsules back to Nespresso through the post-back program.

The capsules are sent to a specialist recycling plant where equipment separates the recyclable aluminium from the used coffee grounds.

The grounds are then sent to make compost, and the aluminium from the used capsules is bailed and sent back into the aluminium industry to manufacture new products.

Food & Drink Business

The New South Wales government has established its $25 million Agriculture Industries Innovation and Growth Program to increase uptake of innovative technology and equipment in the local agriculture sector. Applications close 23 January.

The Western Australian government has announced recipients for round seven of its Agrifood and Beverage Voucher Program, offering a share of $680,000 in funding to small-to-medium food and beverage companies.

Treasury Wine Estates has flagged softer near-term earnings as category conditions weaken across key markets, while outlining a broad reset of inventory, capital structure and operating costs under newly appointed CEO, Sam Fischer.