Australia's richest person Gina Rinehart has committed AU$500m (US$433m) to a project to produce infant formula Down Under for the lucrative Chinese market.
Mondelēz International has officially opened its Asia-Pacific Chocolate and Confectionery Center of Excellence in Australia, creating a base for the largest food R&D team in the country, according to local government.
In welcoming industry efforts to develop a code of conduct to address unfair practices in the grocery sector, the Australian Competition and Consumer Commission has called for issues around enforceability and coverage to be addressed before a conclusion...
While the proportion of Australians adults drinking wine is gradually declining, the proportion of those drinking wine at home has increased very slightly.
Australian livestock production is forecast to decrease by 2.1% in 2014-15, according to the latest Agricultural Commodities report from the Australian Government’s Department of Agriculture (ABARES).
Agriculture minister Barnaby Joyce has assured Chinese farmers that Australia is “not a threat” to their livelihoods on a day when two Far East investment groups established a A$3bn (US$2.7bn) fund to invest in Australian agriculture.
GCC states’ growing demand for food represents a major opportunity for Australian farmers, according to Qatar-owned agricultural firm Hassad Australia.
When Michael Jolley left his carob orchard in South Australia to attend his first Asian food industry show in Hong Kong recently, he was amazed by the response of visitors who had never before seen the ingredient.
With Australia's domestic market maturing, many complementary health companies are seeing the growth that some of the big brands are enjoying in Asia and are keen to ride in on their coat tails.
Amid news that online shopping while under the influence of alcohol is now a recognised phenomenon, a growing number of Australian adults are using the internet to buy alcohol.
Egypt has resumed imports of breeding animals from Australia, four months after agreeing to restart trade in livestock between the two countries, the Australian government announces.
Grain growers in the state of Victoria will benefit from a new five year agreement that will increase research and development in their industry, according to the Australian agriculture minister.
Australia’s farm population remains “competitively young” compared to other developed economies, even as the number of younger farmers entering the agriculture sector continues to fall, a new report has found.
Australia’s opposition party has called for Cadbury’s A$16m government funding to upgrade its Claremont plant to be redirected to West Coast development projects.
Iconic Australian food maker Goodman Fielder has finally agreed to an A$1.34bn (US$1.26bn) offer by Wilmar International and First Pacific Company to acquire the company after the last two bids were turned down.
With foreign investment in Australian agriculture being among the most heated political issues in the country at the moment, new figures released by the Australia Bureau of Statistics might come as a surprise to many.
Australian processors should act quickly to formulate growth plans or exit strategies in order to capitalise on the increasing number of acquisition and divestment opportunities available in their sector, a new report by private equity advisory firm Grant...
Australia now has the highest manufacturing costs in the world, according to the Australian Food and Grocery Council (AFGC) following the publication of a gloomy report on the state of the country’s food industry.
In some countries, gin’s popularity might not now be what it once was, but recent data shows it has enjoyed a renaissance in Australia over the last five years.
The risk of consuming harmful heavy metals by eating produce from China’s heavily polluted farmland is now so great that one Australian industry body has warned a parliamentary inquiry due to look into country-of-origin labelling laws that current requirements...
Scotland’s whisky industry is celebrating a “major breakthrough” in Australia, where this the spirit was registered as a certification trademark. The move comes after a long battle by Scotch Whisky Association to counter fakes, for which Australia has...
Australian processor Lion Dairy has admitted that being dropped as Woolworths’ private label milk supplier in Victoria and Western Australia “will impact volumes” at two plants.
A key stakeholder in Australia’s booming wine industry has revealed that the country’s winegrowers are not going to take the lead when it comes to genetically modified (GM) wine production.
The future finally looks bright for troubled SPC Ardmona following the announcement of a five-year, A$70m (US$63m) partnership with Woolworths that will see an extra 24,000 tonnes of fruit, tomatoes and navy beans sourced locally for the last remaining...
Kellogg Australia has reduced the sodium content of its Special K cereals by 15% in a recipe overhaul and says it will take a new, healthier direction in 2014.
It took two years to develop, had the support of the Council of Australian Governments ministerial council and only lasted a matter of hours. Now the swift demise of the country’s controversial health star rating web site has left a minister and a senior...
Troubled SPC Ardmona has lashed out at claims by the Australian prime minister that the company is a “union shop”, and that the cause of its difficulties are because of “over generous” allowances and “extraordinary” staff conditions.
The Australian government has rejected a plea by beverage maker SPC Ardmona for an AU$25m (US$21.8m) bailout package, calling on the firm’s parent company to the rescue of its local subsidiary.
Lindt, Ferrero and artisanal chocolatiers could be set to profit from thriving demand for premium chocolate in Australia, market analysts Leatherhead Food Research say.
The news this week that Australia and South Korea have reached a free-trade agreement is a “tremendous shot in the arm for Australia's food and grocery manufacturing sector”.
It was revolving doors today in the Australian food and beverage industry as GrainCorp announced the departure of its chief executive, closely followed by Coca-Cola Amatil broadcasting its own new appointment.
Fonterra has completed the purchase of the assets of Tamar Valley Dairy, an Australian yogurt manufacturer that went into administration earlier this year.
Food is expected to be one of Australia’s top five exports in the next decade, at a time when Asian markets are expected to remain the top export destinations for the country, a new report from research firm IBISWorld has said.
Dairy leaders from the Australian state of Victoria have descended on Canberra to petition lawmakers for a more “level playing field” as the local industry fights against foreign imports and corporations.
The company behind Australia’s first single origin chocolate says the country’s cocoa is rich in polyphenols and is set for a big future. Its executive chairman, Cadbury veteran Barry Kitchen talks to ConfectioneryNews.
Australians are forsaking domestic beer for foreign imports, according to new research of the beer segment that highlights how the public’s alcohol preferences have been changing quickly.
Murray Goulburn has challenged Canadian giant Saputo’s attempted acquisition of Warrnambool Cheese and Butter (WCB) with an offer that, if accepted, would create one of the largest Australian food and beverage firms.
Australian Prime Minister Tony Abbott has horrified animal welfare campaigners by describing the former government’s decision to suspend live exports to Indonesia as “panic at a TV programme”.
New South Wales’ fair trading department has been asked to investigate potentially misleading free-range egg claims after consumer watchdog Choice found that consumers are paying double the price of cage eggs for what is says products that are unlikely...
