Fresh hope for food group but hundreds of jobs in limbo
A buyer has been found for Tasmania’s HS Fresh Food Group after it fell into administration, but hundreds of employees across the country face a nervous wait to learn their fate.
Agribusiness
Apple industry on red alert as growers squeezed by soaring costs
An Adelaide Hills apple grower has ceased production after 120 years, saying rising costs and a price squeeze from supermarkets have left the industry in crisis.
Synlait’s China-led rescue plan sails through
Dairy group Synlait has secured critical backing for its China-led rescue plan days ahead of a debt deadline after supplier and shareholder A2 Milk indicated its support at the eleventh hour.
‘Beware of too many eggs in the China basket’
Australian winemakers need to be wary of too much exposure to the China market despite the lifting of tariffs, the CEO of Hugh Hamilton Wines has warned.
‘Beware of too many eggs in the China basket’
Australian winemakers need to be wary of too much exposure to the China market despite the lifting of tariffs, the CEO of Hugh Hamilton Wines has warned.
China back on the agenda for exporters
Producers of beef, wine and barley are benefiting from a removal of tariff and non-tariff barriers by China in recent months in the wake of improved political ties.
The daggy wine that’s trendy again
It has overtaken Shiraz as the country’s largest wine variety, shaking off its daggy reputation to re-emerge as one of Australia’s top tipples.
Farmers go full cycle from record highs to new lows
El Nino forecasts last year sent a scare through the cattle and sheep industries, prompting kneejerk a sell-off. Incomes still haven’t recovered.
Fish farmer hatches plan for the ‘wagyu’ of Murray cod
Riverina producer Aquna Sustainable Murray Cod wants to take its very own ‘wagyu of fish’ to the top restaurants of the world.
Cattle baron faces $6.6m cash call
An administrator’s report says creditors to Sam Mitchell’s WealthCheck business are likely to get back just 4c in the dollar on debts allegedly accrued.
AusPost turns tables in $1bn battle with big banks
Paul Graham is seizing the moment to keep Australia Post delivering. This time he wants banks to be part of the solution.
Farmers feeling fleeced over sheep export ban
Some MPs have called for the live sheep export ban to be extended to cattle, as exporters say the federal government’s legislation should have industries ‘looking over their shoulder’.
From luxury to staple: Avocado production records smashed
Once considered a sign of frivolous millennial spending, avocados prices are ‘as good as they will ever get’ for consumers, and production is booming.
Cattle baron given two-week reprieve
Would-be cattle baron Sam Mitchell has been given until July 3 to come up with a rescue plan for his WealthCheck business after a meeting of creditors on Wednesday.
SA the top Aussie region at global wine awards
An old vine grenache from McLaren Vale is among the top Australian drops to win a prestigious global gong – with South Australia our best performing wine region.
Hundreds of jobs at risk as food supplier calls in administrators
A national supplier of salads and fresh produce to Coles and Woolworths, has been placed in voluntary administration, with a sale or restructure of the business on the cards.
Cattle baron facing series of staff claims
Sam Mitchell is facing mounting pressure from creditors, with former staff members taking his WealthCheck company to the Fair Work Commission.
Chinese plants may be good medicine for Aussie farmers
Tasmanian research promises to help Australia crack into the burgeoning traditional Chinese medicines market, tipped to exceed $450bn by 2028, and provide farmers with lucrative new crops.
WA nation’s biggest exporter to China, ACBC figures show
Western Australia is by far the largest exporting state to China, supplying 77 per cent of Australia’s $192bn in commodities to the nation’s largest trading partner.
Should you give up your salmon to save a species?
Logan Saltmarsh is worried. But it’s not schoolwork or bolshie big kids unsettling this 12-year-old; it’s Tanya Plibersek. In fact, the whole town of Strahan is on edge.
Original URL: https://www.theaustralian.com.au/business/agribusiness