Plans by fast-food giant McDonald’s to raise prices on its menu have been under fire, with the company forced to refute allegations that poorer suburbs – where consumers are more willing to...

The 2008 rice bumper harvest is coming to a close with better-than-expected production that could help ease prices, but there is expected to be an overall decline in global cereal production, according...

Australian Food and Grocery Council Chief Executive, Kate Carnell, has said today it was disappointing that high profile members of the community were still calling for ‘costly, outdated 1970s solutions...

Consumers have been slashing their spending for the last several months, feeding the already painful recession as millions of households are opting to save rather than buy. Within the consumer packaged...

Cadbury, the world’s second largest confectioner, has reported revenue growth of 7% as emerging markets and key brands build momentum. “In 2008, Cadbury completed its transformation into a...

One of the world’s leading flavours and fragrances firms has developed new technology that they believe will assist food manufacturers address the issue of high salt levels in processed foods. Givaudan...

The Rudd Government has altered their alcopop tax legislation to ensure the 70 per cent tax hike applies to ‘malternatives’ – products which taste like alcopops but use the alcohol extracted...

Chinese health chiefs yesterday promised harsh punishments for those guilty of the production, sale and use of illegal additives in food as they continue a nationwide campaign to improve the food system. “Some...

Heinz overnight reported an 11% rise in profit for the third quarter on the back of their sound decision to hedge translation exposures on key currencies, and higher organic sales of brands such as Heinz...

Australia’s largest food manufacturer, Goodman Fielder, has posted a 21.9% drop in profit despite a 12.2% increase in revenue in the first half of the financial year. The hit to profit was due to...