There are no facilities in Australia which can recycle soft plastics in commercial quantities. It requires a special process which is very energy intensive and expensive to run (“depolymerisation”). The only country in the world which does it at commercial scale is Japan, and even the they only process around 10% of their soft plastics. So, it’s better than the 0% we do here.

It’s unlikely to ever be done here in Australia because it’s a lot more expensive than just making new plastic.