Nationally, Australia has committed to 70 per cent of plastic packaging being recycled by next year. The most recent figures suggest we are less than halfway there.
The packaging and consumer goods industry has abandoned its long-held antipathy to government regulation, and has been calling for a mandatory scheme to ensure national consistency and that the costs are fairly shared. In February, the federal Environment Department published the results of a government consultation that showed a clear majority of respondents supported Commonwealth regulation of packaging.
In August last year, co-regulator APCO announced plans to slug businesses hundreds of millions of dollars by 2027 to reduce packaging.
Planet Ark’s financial statements to…
