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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

Victoria has brought together startup agency, LaunchVic, and the $2 billion Breakthrough Victoria fund to launch Innovation Victoria – the next stage of the state’s innovation ecosystem investment.

Treasury Wine Estates, in partnership with Australian Grape & Wine, Wine Australia and the China Alcoholic Drinks Association, is looking for four Australian viticulturists and winemakers to participate in the second year of the Australia-China Winemaker Immersion Program – with applications closing 26 July.

Coles Group has ended discussions with private equity firm TPG Capital over a potential acquisition of Greencross Pet Wellness Company, walking away just over two weeks after confirming it was undertaking due diligence on the pet retail and veterinary group.