
McDonald's to open 30-50 new stores across Australia in 2025 to fill restaurant gaps as fast food market shows promising growth
McDonald's Australia CEO Joe Chiczewski has said that the company is set to open up to 50 new stores at new locations across the country in 2026. He said that the decision has been taken with the main focus to address 'restaurant gaps' across Australia.'We're going to open more restaurants over the next 12 months,' Chiczewski told News.com.au. 'That is a key priority for our growth strategy. Not just the next 12 months, but over the next few years,' he said.This decision of McDonald's, one of the world's biggest fast food chains, comes at a time when many experts believe that the Australian fast food market is set to witness continued growth in 2025 with the success of several established brands and the rise of exciting newcomers, according to commo.com.au. Chiczewski further signalled that Perth may see a large number of new restaurants. 'I would expect over the next 12 months that we would open somewhere between 30 and 50 restaurants,' he said. 'We're absolutely committed to continuing to invest in the Aussie community.'
According to Sky News Australia, there are currently 1,050 McDonald's stores across the country. This comes as McDonald's announced on Thursday, July 3, 2025, that the franchise would lock the prices of select popular menu items to help Australians struggling with the cost of living.
Chiczewski stated that items such as the McSmart meal would remain $7, and Loose Change Menu items would remain $4. 'My commitment to Australian customers is clear: 24 hours a day, seven days a week, 365 days a year, you can count on us for great value at Macca's,' he said, Sky News Australia reported.'We're kicking off a year of value with a 12-month price promise on our McSmart Meal and Loose Change Menu. Since launching the McSmart meal, we're selling 600,000 McSmart meals a week,' he further stated. The announcement comes after the Fair Work Commission's ruling that McDonald's workers in South Australia are now able to negotiate better pay with their union and the franchise.According to the IMARC Group, known for sector-specific research and consulting solutions, the Australian fast food market size reached USD 18.0 billion in 2024. The Group has projected that the market will reach USD 26.0 billion by 2033, exhibiting a growth rate (CAGR) of 4.12% during 2025-2033.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
an hour ago
- Time of India
Clean tech revolution: Key role of critical minerals in Atmanirbhar Bharat
Live Events In 2010, a quiet but strategic event took place which would later alter the world's relationship with critical minerals. Following a maritime dispute with Japan, China implemented a temporary ban on rare earth element exports to Japan. The ban sent ripple effects down supply chains across the world - especially the automotive sector in Japan. Prices skyrocketed overnight. The world experienced perhaps for the first time in a meaningful way, that critical minerals like lithium and cobalt were not simply technical inputs; they were the new oil. They were a geopolitical asset that could wreck entire industries - clean energy, consumer electronics, defense, automotive, India strides toward becoming an economic powerhouse, the vision of Atmanirbhar Bharat (Self-Reliant India) hinges not just on manufacturing capacity or policy frameworks, but also on control over critical minerals. Lithium, cobalt, nickel, graphite, and rare earths, all needed to create the batteries, motors and devices that will fuel the India of the future. But therein lies the dilemma—India has global aspirations, yet has little domestic access to the majority of these batteries form the backbone of electric vehicles (EVs), grid-scale energy storage and portable electronics. According to IEA's Global EV Outlook 2024, global EV sales surpassed 14 million units in 2023, and the Indian EV market is forecasted to reach USD 152 billion by 2030. This entails a need for exponential growth in the number of batteries produced and, consequently, demand for critical India currently relies on importing more than 90% of its lithium and cobalt. Supply is reportedly from China, Chile, and the Democrat Republic of Congo, creating a situation of over-reliance on a limited number of countries. There are risks with such over-reliance--not only in regard to cost and supply support, but also from a national security and industrial sovereignty traditional mining faces environmental, social, and logistical hurdles, India sits on an untapped urban mine of immense potential: its electronic waste and spent lithium-ion produced a total of 1.751 million e-waste last year, according to data presented by the Minister of State for Union Ministry of Housing and Urban Affairs. And lithium-ion batteries account for a growing share of this total. This is expected to touch 200,000 metric tonnes per year by tonne of spent lithium-ion batteries contains approximately 100 kg of valuable metals, including lithium, cobalt, and nickel. When recovered using advanced recycling techniques, these metals can be used to produce new batteries thus reducing reliance on imports, lowering environmental impact, and creating a domestic circular economy. We believe this is the frontier India must a critical minerals strategy isn't just an environmental or industrial goal, it's an economic imperative. According to the World Bank , the demand for critical minerals could rise by 500% by 2050 in order to meet the targets of the Paris Agreement. If India can create domestic sourcing pathways through urban mining, closed-loop supply chains, and end-of-life battery recovery, it can save billions in import bills, reduce geopolitical risks, and create high-value green jobs in the clean-tech Indian government launched the National Critical Minerals Mission, announced in Budget 2025, with ₹34,300 crore allocated to identify and develop domestic resources. Lithium reserves in Jammu & Kashmir and exploration efforts in Karnataka and Chhattisgarh are steps toward reducing dependence on mineral-rich countries like China, Chile, and the Democratic Republic of Congo. Furthermore, while the government's Battery Waste Management Rules (2022) and the Production Linked Incentive (PLI) scheme for ACC battery manufacturing are commendable steps forward, it is now essential to expand both the depth and breadth of our Energy Storage Alliance's launch of the India Reuse and Recycling Council (IRRC) marks a significant step toward fostering a strong ecosystem for battery recycling and second-life applications. However, to truly achieve Atmanirbharta in the critical minerals sector, we need more than policy intent; we need a national integrated strategy. We must start with a focused urban mining infrastructure program. India is forecasted to produce more than 200,000 metric tonnes of lithium-ion battery waste annually by 2030 (CPCB), and we will need regionally distributed recycling capabilities coupled with local partners especially in Maharashtra, Tamil Nadu, and Karnataka, states with lots of EV penetration. By developing a local partner that can leverage technology as well as other financial incentives to process large volumes of materials where sustainable recovery of critical materials is a mandated collection and reverse logistics systems is just as important as the recycling infrastructure. OEMs should be held accountable for the lifecycle of their batteries via Extended Producer Responsibility (EPR) norms, including systems to specify shipment norms, and clearly defined and measurable targets. The key component of any take-back system is a reliable ecosystem to ensure that retired batteries are not discarded, unrecycled into the landfill, or left untethered in the informal the same time, government support needs to be stepped up in terms of research and development for advanced recycling technologies, efficient extraction of rare-earth elements from shipping dispute between China and Japan was a wake-up call for the world. It made one thing clear: in the 21st century, minerals can move markets, unsettle economies, and shift the axis of power. That lesson is still relevant, perhaps even more so today and India must not fall behind in realising author is co-Founder & CEO of MiniMines Cleantech Solutions


Time of India
3 hours ago
- Time of India
India can deliver 52 GW RTC clean power by 2030, save ₹9,000 crore annually: Report
New Delhi: India can deliver 52 gigawatts (GW) of round-the-clock (RTC) clean electricity by 2030 at a lower cost compared to annually matched clean energy, according to a new analysis by climate think tank TransitionZero. The 52 GW capacity would account for 70 per cent of a hypothetical RTC electricity portfolio designed to meet five per cent of India's national electricity demand. This shift to RTC procurement could result in annual savings of USD 1 billion (approximately ₹9,000 crore) for grid operators by 2030 due to avoided overbuild of generation capacity. According to the report, carbon emissions could be reduced by 2.4 per cent at the system level, with the cost of carbon abatement three times lower than annual matching of clean energy. At full 100 per cent RTC matching, India-wide emissions could be reduced by seven per cent compared to annual matching. RTC clean electricity, or 24/7 carbon-free energy (CFE), matches every hour of electricity consumption with supply from clean sources. The report noted that unlike annual renewable energy certificates, RTC ensures clean power is available consistently across all hours. This is particularly relevant for sectors like heavy industry and data centres, where electricity demand is continuous. 'Our model shows that in India commercial and industrial customers can meet 70 per cent of their hourly electricity demand with carbon-free electricity at a cost below that of annual renewable energy matching, while driving greater levels of decarbonisation and providing significant benefits to the Indian electricity system,' said Irfan Mohamed, South Asia Analyst at TransitionZero. The report highlighted that incentivising RTC electricity procurement is critical for least-cost grid planning. It noted that India can avoid issues being experienced in Europe, where excess solar capacity has contributed to a decline in power purchase agreement (PPA) capture rates, particularly in Spain. 'Round-the-clock clean electricity planning and procurement is a 'no regrets' option for India's energy planners, grid operators, and large corporations,' said Matt Gray, Co-founder and CEO at TransitionZero. 'It shows that companies can procure hourly-matched clean electricity at minimal extra cost, and grid operators can save money through least-cost grid planning. In doing so, governments can help deliver the energy transition at the lowest cost.' The findings come as the Greenhouse Gas Protocol (GHGP) undergoes a multi-year revision, with updates to Scope 2 guidance being considered. Hourly emissions accounting is emerging as a preferred method, though the GHGP does not set targets or rank performance levels.


Hans India
4 hours ago
- Hans India
JP Morgan remains upbeat about Vedanta
New Delhi: A day after US short-seller Viceroy Research called Anil Agarwal-led British firm Vedanta Resources a 'parasite' that is 'systematically draining' its Indian unit, global investment banker JP Morgan said it is not going to be distracted by the claims and maintains its 'overweight' rating on the company and its bonds. In a note titled 'Vedanta Resources: Not getting distracted; stay long', JP Morgan on Thursday said it remains comfortable with Vedanta's leverage position and government's oversight of Hindustan Zinc, an arm of Vedanta Ltd. 'We have generally focussed on Vedanta Ltd's cash flows and earnings excluding Hindustan Zinc to unravel the key drivers of the credit. VDL (ex-HZL) reported EBITDA of USD 3.1 billion in FY25 and a net leverage of 2.2x. We struggle to see financial stress at VDL with these metrics. For HZL, net leverage was 0.1x. HZL has capex plans and we see net leverage going up to 0.5x,' the note said. Vedanta is cheap within the Asian and emerging market metals and mining space supported by healthy EBITDA generation, improved funding access with approximately $1 billion bank loans raised by Vedanta Resources in FY26, and attractive yields, it added.