NESTLE and Australian recycler iQ Renew today announced the next steps in a trial which will see soft plastics collected through kerbside recycling and diverted from landfill.

The trial will commence with 2,000 households on the NSW Central Coast, with plans to extend it to around 140,000 homes.

With the vast majority of post-consumer soft plastic going to landfill, the trial aims to find ways to collect household soft plastic and turn it into a resource. 

Participating households will collect their clean soft plastics in a purpose-made bright yellow ‘Curby’ bag, then when the bag is full, tie it up, tag it and place it in their yellow recycling bin for pick up with their regular recycling collection. 

Tags will identify the bags and help to improve the sorting process, ensuring they can be separated from other recyclables. The soft plastics will then be shredded and become a resource for use in other plastic products, chemical recycling and energy recovery.

iQ Renew CEO Danial Gallagher said the trial aimed to test how collecting and processing soft plastics could be scaled up. 

“We are delighted to partner with Nestlé and launch the Curby soft plastic recovery solution on the Central Coast. By piloting the Curby solution, residents of the Central Coast will help demonstrate that preventing soft plastic ending up in landfill is not only possible, but simple and highly achievable,” Mr Gallagher said.

“The trial will help answer a few questions – how will the community adopt this? Can we keep loose plastics out of other recyclables? Will the bags survive the truck? Can we use regular shopping bags?

“We’ve been testing ways to separate and recover soft plastic from other items in household recycling, which is challenging for sorting facilities. This trial will allow us to test that at larger scale, with the hope of bringing much needed recycling innovation to all Australians,” he said.

Mr Gallagher said that as the trial rolled out, it is important that people not participating in the trial continue to use return to store programs for their soft plastics.

Nestlé Australia CEO Sandra Martinez said with soft plastics making up 30 percent of the plastic packaging used in Australia, the company wanted to be part of finding new approaches to boosting recycling soft plastic packaging.

“While Nestlé wants to reduce its use of virgin plastics and increase our use of recycled packaging, this won’t happen without robust collection, sorting and processing systems. Experience in Australia and round the world shows that people are more likely to recycle when it’s easy to access, and that kerbside is most successful,” Ms Martinez said. 

Ms Martinez said since the trial was first announced at the National Plastics Summit in March, the company had had many approaches from the waste and recycling industries, local governments, packaging manufacturers and other companies making packaged goods wanting to know more.

“We already know Australians want better access to recycling for their soft plastics. Seeing this enthusiasm shared by so many is encouraging, as collective action by those with a shared vision for a waste free future will be critical to solving this complex challenge at scale.”

Central Coast Council’s director roads transport and drainage, Boris Bolgoff said, "The Council is excited to be piloting new ways to recover soft plastics, using existing services and facilities at no additional cost.

“Right now more than half of Central Coast residents’ household waste is sent to landfill, with soft plastics being common due to difficulties in separating it from other types of waste and recyclables and limited markets for the product,” Mr Bolgoff said. 

“Soft plastics not only pollute our land but they also cause significant damage to our environment and marine life – which is something our residents value immensely.”

Residents in the Central Coast Council area can sign up to be part of the initial phase of the trial at curbythebilby.com.au

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STOIC Venture Capital has announced it has concentrated the bulk of its portfolio toward healthcare after significantly increasing its holdings to 17 companies since establishing two and a half years ago.

Stoic Venture Capital is the co-investment Fund of Uniseed, a commercialisation fund which focuses on financing early-stage companies that emerge from member universities.

Stoic Venture Capital partner, Geoff Waring said nine of the total 17 companies were developing new drugs, medical devices and treatments. The fund recently added Ferronova to its portfolio.

“Many investors prefer software to more medical and science-based technology because of the belief lengthy regulatory approval processes, clinical trials and quality-certified manufacturing processes means a longer holding period,” Dr Waring said.

“But in doing so, they do not consider that health venture capital investors typically sell to pharmaceutical companies at the end of phase 2 trials, while software companies must wait  to sell only after the product is long in the market with significant revenues.”

Dr Waring said Stoic Venture Capital’s close partnership with university-focused investment fund Uniseed gave investors access to some of the richest opportunities from Australia’s top universities that have the potential to improve the lives of millions of people.

“These companies are bringing new solutions to billion-dollar global health challenges, from enhancing immunity to treat respiratory diseases (Ena Therapeutics), to addiction rehabilitation (Kinoxis) and hot flushes in women receiving breast cancer treatment (Que Oncology),” Dr Waring said.

“Many are at an early stage of clinical development, but we believe they are the next generation of world leading medical and scientific companies.”

Dr Waring said Stoic Venture Capital’s portfolio not only had potential to deliver investors high returns but had a double purpose of contributing to the growth of Australian medical and scientific innovation.

“We recognise Australia’s need for stronger capabilities in health care to meet the needs of our ageing population,” Dr Waring said.

“Investing in health and science today, plays a vital role in creating a whole new generation of jobs and innovation for the future.

“We are committed to supporting early-stage health and science companies through initial trials to development and manufacturing.”

About Stoic Venture Capital

Stoic Venture Capital provides financing for early-stage companies, particularly those arising from university research. Stoic is unconditionally registered as an Early Stage Venture Capital Limited Partnership (ESVCLP) and takes a collaborative approach to investing in the highest potential companies.  www.stoicvc.com.au

About Uniseed

Uniseed is Australia’s longest running early stage commercialisation fund that makes investments in research emanating from five of Australia’s leading research organisations – The University of Queensland, The University of Sydney, The University of New South Wales, The University of Melbourne and the CSIRO. Uniseed is a mutual fund, owned by research organisations, for research organisations. The fund facilitates the commercialisation of its research partners’ most promising intellectual property and secures targeted investment in resulting products and technologies. Uniseed has supported 57 start-up companies to date, being the seed investor in most of these. www.uniseed.com

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THE Queensland Resources Council (QRC) has repeated its call for the State Government to commit to 10 years of stable royalty taxes to make the resource industry more attractive to global investors post COVID, and provide Queensland with economic stability and job security. 

The industry has also called on the government to “dramatically improve” its regulatory processes and cut excessive red and green tape. 

Chief executive Ian Macfarlane last week launched the mining and gas industry's 'You can count on us to help Queensland recover' campaign in the lead-up to the state election to raise awareness about the sector’s $74 billion annual contribution to the state economy. 

Mr Macfarlane said the only reason resources has been able to keep the state economy afloat during COVID was because of previous decades of large-scale investment in resources projects.

“Increased royalty rates and excessive regulation during the current term of the State Government has meant long term investors don’t regard investment in Queensland resource projects as positively as they have in the past,” Mr Macfarlane said. 

“The QRC is extremely concerned the Queensland Government doesn’t understand the long-term implications of the ‘go slow’ it has imposed on gas and mining operations over the past three years.

“Big resource companies that roll out big projects work on long-term timeframes, and they don’t like surprises.

“Offering 10 years of royalty stability and streamlining regulatory practices will immediately signal to potential investors that Queensland is open for business, and will translate to thousands of jobs and opportunities for Queenslanders.” 

Mr Macfarlane said the general public would be very surprised at just how difficult it’s become for resource companies to do business in Queensland. 

“The lack of legislative consultation with the resources industry, slow regulatory and approval processes, and the barriers being put in front of us has been unbelievable,” he said. 

“We have that many hoops to jump over and crawl through, by the time we get to the other side we’ve missed 10 opportunities to give Queensland another few decades of economic stability and jobs."

Mr Macfarlane said Queensland ranked 15th in terms of investment attractiveness in the globally recognised Fraser Institute survey of mining companies and investors released earlier this year, comparing poorly to Western Australia’s number one position.

“If you’re looking for the canary in the coalmine, this is it,” Mr Macfarlane said.

“Not only does Queensland rank behind Western Australia, South Australia and the Northern Territory, we’ve got 11 other international competitors ahead of us who companies would prefer to invest their money with.

“This a terrible result for such a resource-rich state and reflects poorly on the government.” 

Mr Macfarlane said the QRC needs to see real change in the Queensland Government’s attitude towards resources in the lead-up to the state election.

“Our industry needs the Premier to commit to a stable royalty regime for the next 10 years and to world class regulation processes to enable us to do what we do best, which is running world-class mining and gas operations,” Mr Macfarlane said. 

"Large scale projects that get off the ground will lead to thousands of jobs and billions of dollars in royalty taxes for the State budget for decades, so this is an opportunity for the government to secure Queensland’s future post-COVID. 

“A balance can be struck between supporting mining as an industry, and making sure companies meet legislative requirements and community expectations around their environmental responsibilities. 

“The resource industry is ready to work with any government to achieve this.”

www.qrc.org.au

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THE House Standing Committee on Social Policy and Legal Affairs is commencing public hearings for its inquiry into family, domestic and sexual violence, with the first two hearings to take place on September 7 and 8.

On Monday September 7, the Committee will hear from government agencies, research institutes and other organisations about the experience of family violence in the Australian community and the policies and programs in place to respond to it and reduce its prevalence.

On Tuesday September 8, the Committee will further discuss these issues with various bodies including legal sector and service provider organisations, as well as focusing on technology-facilitated abuse with the eSafety Commissioner.

Chair of the Committee, Andrew Wallace MP, said, "These hearings are an opportunity for the Committee to hear about the current evidence base on the problem of family and domestic violence in Australia, and the actions being taken by governments and community organisations to prevent and respond to it.

"We want to investigate what is working well, and where there could be improvements, both to reduce violence against women and their children and to allow them to escape violence.

"In addition, though the significant majority of Australians experiencing domestic violence are women and children, the Committee understands that there are also men who live with this kind of abuse, and we are conscious of the need to inquire into its damaging impacts irrespective of the sex of the perpetrator or the victim.

"The Committee is also keen to hear about the impact the COVID-19 situation has had on those experiencing family violence, and on family violence service providers."

Mr Wallace said, "The Committee will use evidence from these and future hearings in formulating its report and recommendations, which will seek to inform the next National Plan to Reduce Violence against Women and their Children."

These hearings are the first of several expected to be held for the inquiry between now and November 2020.

In order to ensure public safety during the COVID-19 situation, Committee members and witnesses will participate in the hearing remotely, via videoconference and teleconference. Interested members of the public are invited to watch the live broadcast, available at aph.gov.au/live.

Further information, including hearing programs and submissions to the inquiry, is available on the Committee’s website.

Public hearing details

Date: Monday, 7 September 2020
Time: 8.45am to 4pm
Location: Via videoconference

Date: Tuesday, 8 September 2020 
Time: 8.45am to 4pm
Location: Via videoconference

View the public hearing programs here.

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