Winemaker De Bortoli, has suffered a $24.7m full-year profit loss, thanks to the high Australian dollar and the value of its equities investment portfolio taking a $50m hit.
How times have changed: agricultural businesses in the US and Australia no longer rely on cheap labour, economies of scale, and the absence of regulation. Instead they are turning to patent protection, in ways that might amuse, bewilder or horrify some observers.
Beer manufacturers are pleading with the federal government to cut tax on beer ahead of a scheduled rise in August.
New solar power generators are expected to save leading winemakers, De Bortoli and Barossa Vintners, tens of thousands of dollars every year.
Fat food identity Jack Cowin and blue chip accounting firm Deloitte could end up in court to settle a dispute involving the return of hundreds of thousands of dollars in stamp duty.
Harris Farm wants the ACCC probe into supermarkets to include lease agreements and new store developments.
Blueyou Consulting has announced the Selva Shrimp program, an initiative to sustainably source black tiger prawns.
Manufacturers’ representative the Australian Food and Grocery Council has expressed renewed concern about the spread of private label brands throughout supermarkets.
Inghams workers accused of torturing turkeys in the company’s processing plant in Sydney’s South West were sacked on Friday in response to anonymous footage.
After losing confidence in a voluntary code of conduct, the National Farmers’ Federation is calling for the introduction of a compulsory code to prevent supermarkets misusing their market power.
Poultry producer, Inghams, says it is investigating procedures in one of its processing plants following the release of footage showing cruelty towards turkeys at the site.
In the wake of Cowra’s Windsor Farm Food factory going into voluntary administration, more than 70 workers have been sacked and local growers left shortchanged.
Marine parks in NSW will be reviewed and bans on recreational fishing in most marine sanctuaries will be lifted as part of sweeping reviews by the state government.
NT’s container deposit legislation scheme is hardly going to make a dent in CCA’s profits and the company knows it. The legal case against the scheme is more about sending a message to other Australian states that may be considering a similar scheme.
Governments need to recognise the importance of the beef industry if the mining and agriculture industries are to co-exist in Queensland, the Cloncurry mayor has said.
A change of government is needed to restore the trading relationship between Australia and Indonesia, with 2011’s live export ban having lasting – and damaging – effects, said Elders’ Malcolm Jackman.
Chocolate manufacturer, Cadbury, has been accused of avoiding $46m in taxes by misleading Indian authorities about production from a new factory in India.
The first shipment of kangaroo meat in four years has reached Russia, representing a potential revival in the sector.
A Rockhampton meatworks will lower it carbon emissions and power bills with the help of a $4.17m grant from the Australian government, as part of its Clean Technology Food and Foundries Investment Program.
As part of the state government’s 8700 kilojoule campaign, NSW premier Barry O’Farrell this morning launched the mandatory kilojoule labelling of ready meals sold in supermarkets.