Treasury Wine 'extremely disappointed' by China move, pivoting to other markets
The chief of Australia's biggest winemaker has criticised China's 169.3 per cent tariff on its products and has announced plans to cut costs and pivot towards other markets.
- by Darren Gray and Dominic Powell
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China relations
'Devastating blow': Trade Minister lashes out at China's wine tariff hit
Trade Minister Simon Birmingham says China's plan to slap steep tariffs on Australian wine breaches trading agreements for ulterior motives.
- by Eryk Bagshaw and Darren Gray
Penfolds maker Treasury Wine in the 'firing line' of fresh China trade strike
Penfolds maker Treasury Wine Estates faces turmoil in its largest export market after Chinese regulators announced a sudden 169.3 per cent tariff on its exports
- by Darren Gray
Bega buys Lion's Australian dairy business in $560m deal
Under the deal Bega will acquire well known brands such as Dairy Farmers, Yoplait and Farmers Union.
- by Darren Gray
E-Commerce boom lifts DHL freight flights from Melbourne to NZ
Logistics giant DHL Express has introduced its first direct air freight service from Melbourne to Auckland to cater for a COVID-propelled export boom.
- by Darren Gray
Bega to get bigger with purchase of Lion's dairy business
Bega Cheese looks primed to add yoghurt to its portfolio of products after beating out rival Saputo and Tanarra Capital to the Lion Dairy and Drinks business.
- by Darren Gray
Consumer splurge on used cars gives Carsales a COVID boost
Carsales Australia boss Ajay Bhatia says higher prices for second-hand cars are here to stay.
- by Darren Gray
Dairy farmers back Tanarra bid for Lion dairy business
A key dairy farmer co-operative has backed a bid by Tanarra Capital for the Lion dairy and drinks business, saying it supported Tanarra's expansion plans.
- by Darren Gray
Orica's 2030 emissions reduction target the 'right thing to do'
Explosives manufacturer Orica has recorded a 31 per cent slide in full year statutory net profit and halved its final dividend, after COVID-19 disrupted mining activities.
- by Darren Gray
Steeling for a rebound: BlueScope boosts its profit forecasts
Australia's biggest steelmaker BlueScope has lifted its first-half earnings guidance by a hefty 39.7 per cent to $475 million.
- by Darren Gray
New trade deal encourages exporters to diversify, says Elders boss
Australian agriculture's accelerating recovery from devastating drought has helped propel agribusiness giant Elders to a $123 million net profit.
- by Darren Gray
Original URL: https://www.theage.com.au/by/darren-gray-hvew0