Fonterra said it welcomes the formal approval by Beingmate Baby and Child Food Company to establish a joint venture to purchase the Co-operative’s Darnum plant in Australia.
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Bar set low for a ‘do no harm’ China-Australia FTA
Recent comments of government ministers suggest they're confident a FTA with China will be reached by the end of the year.
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Acquisitions, Asia’s food bowl and coffee brawls: The Week in Focus
VIDEO: An overview of what made headlines this week in the food and beverage manufacturing industry.
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To grow agriculture in Australia, farmers need to think like miners
Australian agriculture needs to take some tips from another successful exporter to Asia: the mining industry.
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Asian export opportunities: The Week in Focus [video]
In our latest Week in Focus video, we discuss the growing export opportunities for Australian food manufacturers in Asia.
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As India and China transform, Australian manufacturers must follow
As Australia laments the decline of its manufacturing sector, China is actively taking steps to accelerate its move up the value chain.
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Can Australia win from FTAs in the Asian Century?
Australia and South Korea are entering a Free Trade Agreement, but before you think “advanced Western country gains access to a large Asian market”, think again.
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Australian trade beats aid in boosting global food security
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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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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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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Focus on food, not cars, says Pratt
Exectuive chairman of Visy, Anthony Pratt, says the government needs to shift its focus away from keeping the automotive manufacturing industry afloat and turn its attention to food.
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Baby Royale to be stocked in Malaysian stores
Victorian baby food maker Baby Royale has gained Malaysian distribution, expected to eventually be worth $20 million a year.
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Pratt says we need to move from mining boom to ‘dining boom’
According to Anthony Pratt food will be Australia’s next great export opportunity. We need to implement economic reforms now to reap the benefits of Asia’s future demand for food.
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Visy to target growth in Asia
Visy Industries is making an aggressive push into Asia, looking to begin manufacturing in at least four new locations and working with food makers to boost exports to the region.
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China’s ‘Great Wall’ eyes off Barossa winery
After buying wineries in France and Chile, China's largest food company has set its sights on a Barossa Valley winery.
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Food manufacturers should capitalise on reputation in the Asian Century: Emerson
Federal trade minister Craig Emerson has said that Australian food manufacturers have noticeable comparative advantages that should be harnessed, and foreign investment in the segment should be welcomed.
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AFGC praises Kraft for manufacturing innovation
The Australian Food and Grocery Council gave food brand Kraft and the Victorian government a big pat on the back last week following the official opening of Stage One of Kraft Foods’ Asia Pacific Centre of Excellence in Ringwood, Melbourne.
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Drop in Aussie wine production could be a good thing
Chairman of the Vinexpo exhibition, Xavier de Eizaguirre, has said that a predicted 15 percent drop in Australia's wine production over the coming years could be a good thing for the industry.
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Dairy industry being squeezed by “triple whammy”
Dairy producers are under pressure from low global milk prices, the high Australian dollar and supermarket price wars.
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The beef barney: is another abattoir the answer?
Australia’s beef industry is one of the best in the world. High standard for cattle and for processing have led directly to a high reputation amongst other nations for the quality of its beef. But all is not well, writes Cole Latimer.
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