Agribusiness dishes out hard lessons from tariff pain
Throughout the history of food trade, tariffs have followed. That’s why its worth listening to the cooler heads at the farm gate.
Throughout the history of food trade, tariffs have followed. That’s why its worth listening to the cooler heads at the farm gate.
Italian food giant Ferrero is heavily investing in its Australian manufacturing sites as it increasingly views the country as a key hub to export its popular spread Nutella into Asia.
Australia’s $150bn food and agriculture sector is facing a crisis as it battles rising regulation, surging energy costs and tax imposts with the industry demanding a national plan to fix issues.
A top agribusiness fund manager says governments’ taxes on foreign investment are driving capital away from Australia.
In the endless chase for critical minerals or renewables, we are taking for granted an industry that is already creating wealth.
Farmers thought they had seen the end of the government’s biosecurity funding legislation but Agriculture Minister Murray Watt says consultation is ongoing.
Australia exports about 70 per cent of the food produced here but the industry says that doesn’t guarantee our food security.
The lesson from China’s tariffs on Australian goods has been a harsh one, highlighting the risk of having too many eggs in one basket.
Denmark will tax farmers $144 a cow in a bid to reduce methane emissions. Australian pastoralists say it would destroy the industry if replicated here.
One of the leading private equity investors in the food sector in Asia is poised to make its first investment in Australia and is eyeing fresh opportunities in China.
Lessons needed to be learned from the closure of industries in Australia because of high domestic costs, Noumi CEO Michael Perich warns.
Food industry heavyweights say there is a danger in focusing too much on one market, despite the significant potential in China.
This year food security will finally deliver on the promise. What has changed is that many countries are now really experiencing food shortages.
Former Victorian Premier Jeff Kennett says one of his biggest regrets is not developing a national water and agriculture policy, and ideological opposition to nuclear power threatens prosperity.
The supermarket giant’s commercial boss has warned threatened divestiture powers could result in food and grocery prices rising even higher.
Australia has quietly become a ‘food superpower’ with 1200 factories popping up over the past decade and exports more than doubling, billionaire Anthony Pratt tells the Global Food Forum.
Australia has quietly become a ‘food superpower’ with 1200 factories popping up over the past decade and exports more than doubling, billionaire Anthony Pratt will tell the Global Food Forum.
Marc Werner has called on the whole federal government, including the Prime Minister, to step up and help fresh Aussie produce get into more international markets.
Blackbird says it has unearthed the ’Nvidia of agriculture’ after investing almost $70m into a New Zealand start-up that is producing smart collars for cattle.
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.
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.
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.
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 chairman overseeing Vegemite says more ASX firms should trade the big cities for the bush to connect with workers and rediscover the values needed to tackle modern issues.
It is critical to look at longer-term trends in food buying by Chinese consumers.
Chinese investors are taking a fresh look at Australian agricultural investments now the FIRB has partly reopened the door, says Kidder Williams’ David Williams.
Australian exporters will continue to be cautious as they slowly rebuild their relationship with China.
Australia’s top food companies have been warned to be on alert for the lack of confidence plaguing China’s millions of consumers despite the Asian superpower’s economic reopening.
Australia’s strong brands and reputation as a clean and green producer of food and wine are still desirable traits sought after in China.
Pizza Hut plans to double its outlets in Australia over the next few years and boost turnover to around $1bn as it challenges market leader Domino’s, says chief executive Phil Reed.
Original URL: https://www.theaustralian.com.au/topics/global-food-forum