I believe our future lies in playing to our strengths. The Australian agricultural business model should not be to produce cheap food for the world’s poor, but rather expensive food for rich, largely Asian, consumers.
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United Dairy Power sold for $70m
Australia’s biggest privately-owned dairy processor, United Dairy Power, has been sold to Hong Kong-based businessman William Hui for approximately $70 million.
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SPC Ardmona and the cheap Chinese food challenge
The political lobbying accompanying the government's decision to withhold financial support from SPC Ardmona has overshadowed the big structural issues facing Australia’s preserved food industry.
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Beam acquired by Japan’s Suntory for $15bn
Beam, the manufacturer of Jim Beam and Marker’s Mark, has been acquired by Japan’s Suntory Holdings for US$13.6 billion (A$15bn), with annual spirit sales for the combined company expected to top US$4.3bn.
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Chinese gang accused of injected lambs with dirty pond water WARNING: Graphic Images
In China’s most recent food safety scare, seven members of a gang have been arrested for allegedly injecting up to six kilograms of dirty pond water into lambs as a means of boosting profits.
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Pesticide food contamination strikes 300 in Tokyo
More than 300 people have fallen ill in Tokyo, Japan, with Maruha Nichiro Holdings, the country’s largest seafood company, at the centre of a food poisoning scandal.
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Dairy could be Australia’s next iron ore: Dairy Connect
Australia's dairy industry is set to enjoy a massive wave of demand from Asia, which could see dairy product volumes increase by 50 to 60 percent over the next decade.
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Manufacturing powerhouse China lagging on brand awareness
China manufactures an enormous amount of consumer goods. But stigmatised as low cost, low quality products, Chinese brands have yet to make inroads into international markets.
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Free Trade Agreements are a concern for local industry: Poll
The third Cirrus Media Industrials poll reveals that industry is concerned about the impact of Free Trade Agreements (FTAs) which the Government is attempting to forge with China, South Korea and Japan.
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After wine, Chinese consumers want a slice of cheese
When I heard that Asia, and particularly China, started to show interest in cheese, I automatically assumed that the French would be leading the race of cheese exports to the region. How wrong I was.
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Norco to export fresh milk to China
Dairy co-operative, Norco, is preparing to send a trial batch of its fresh milk to China.
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Why embracing free trade may be more complicated than it looks
If headlines are to be believed, the new Coalition government is set to “embrace free trade” in its first term in office.
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20,000kg fake beef seized in China
More than 20,000kg of fake beef has been seized by police in Xi'an, Shaanxi province, with six meat workshops shut down.
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Food manufacturers welcome new government’s reforms: AFGC
Finalising free trade discussions, cutting red tape and reducing energy costs are at the top of the list of priorities food manufacturers hope the new Abbott Ministry will commit to.
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FactCheck: do many other countries restrict foreign investment in agricultural land?
In their final election debate at the Rooty Hill RSL Club, both leaders were asked about foreign investment of agricultural land in Australia.
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Okonomiyaki & Tonkatsu Sauce
Saori Kojima created her range of healthy and delicious sauces so that anybody can enjoy a large variety of quick and easy Japanese dishes.
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Foreign investment in agriculture? How about a plan for profitability
Large parts of Australian agriculture are economically and financially unsustainable. Returns are inadequate and unbalanced; assets are depleted; risks are needlessly high. To date, governments have largely relied on the market to address problems, but problems have worsened.
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New facility puts food on the menu for Multipack
Contract packager, Multipack, is celebrating the opening of its new accredited food facility, allowing the company to expand its offering to include primary and secondary packaging for FMCG food brands.
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Australian garlic uprising
Australia's garlic industry is set to make a comeback following a very challenging few years, which has seen the value of the industry cut in half.
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NZ Prime Minister to visit China after Fonterra contamination probe
NZ's Prime Minister will travel to China to ensure confidence in the country's food industry is restored, following a ministerial inquiry into Fonterra's recent contamination scares.
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