The Morrison Government has announced a $17.6 billion economic plan to keep Australians in jobs, keep businesses in business and support households and the Australian economy as the world deals with the challenges posed by the spread of the coronavirus. The package is aimed mainly at SMEs, with a large number of such enterprises being … Continue reading Federal government stimulus package for SMEs including F&B sector
The value of Australia’s wine industry is rising each year, but producers will need to embrace new marketing and sales strategies to overcome slowdown in consumption in key markets, particularly the US and China, according to Rabobank’s latest global Wine Quarterly report. While a recent boom in wine values to China has helped stabilise the … Continue reading Australian wine industry in challenging times
The coronavirus outbreak is already having a severe impact on China’s foodservice and on-trade channels and this could become “more serious and longer-lasting” if the virus is not contained in the next six to eight weeks, leading agribusiness banking specialist Rabobank has warned. But the extent of the impact on Australia’s agricultural sector will be … Continue reading How will the coronavirus affect agriculture in Australia?