Australian beef processors hit by China export ban

CHINA has placed temporary export bans on as many as six beef processing plants in Australia. There have been allegations the bans are in retaliation to deputy Prime Minister Julie Bishop’s comments last week over freedom of navigation in the South China Sea. One meat processor has confirmed the temporary ban to The Weekly Times….

Plans to privatise Lindeman Island National Park land, Chinese developers to build accommodation exclusive for wealthy tourist

NEARLY 37 hectares of Lindeman Island National Park will be privatised if the recommendations of an Environmental Impact Statement (EIS) released this afternoon are approved. The EIS details plans to privatise Lindeman Island National Park and place it in the hands of Chinese company, Whitehorse Developments, which will create exclusive accommodation for wealthy tourists. The…

Food waste shapes up as a national scandal

UP TO half the food produced in Australia every year — about 44 million tonnes — is thrown away. According to an Australian Institute study, Australians are discarding food worth $5.2 billion a year. Shiny potatoes, carrots that are too big and bananas “too sausage-shaped” are being rejected by supermarkets, adding to the food waste…

Concerns for biosecurity risks as raw prawn imports resume

INDUSTRY leaders fear the Government has bowed to ­foreign pressure and rushed a decision to resume raw prawn imports from 7th July , exposing the country to further biosecurity risks. Raw prawn imports were suspended for six months on January 6 as an outbreak of white spot disease spread through farms on the Logan River,…

Australia lifts ban on Vietnam raw shrimp

 Australia has lifted the ban it imposed in January on uncooked Vietnamese shrimp products. Vietnamese companies may resume importing raw prawns caught in Australia for processing and export them to Australia for consumption. The department “will be accepting permit applications for uncooked Australian wild caught prawns exported to Vietnam for processing and re-imported into Australia…

Almost one in five homes built in Australia are unoccupied

Australia’s record-breaking residential construction boom has done little to ease housing affordability in Australia’s largest cities, perhaps it’s because many of the homes built are currently unoccupied. Regardless of whether they were purchased by locals or foreign investors, close to one in five new dwellings built over that period was unoccupied on census night, according…

Almost one in five homes built in Australia are unoccupied

Australia’s record-breaking residential construction boom has done little to ease housing affordability in Australia’s largest cities, perhaps it’s because many of the homes built are currently unoccupied. Regardless of whether they were purchased by locals or foreign investors, close to one in five new dwellings built over that period was unoccupied on census night, according…

Norwegian-based company to start drilling in Great Australian Bight 

NORWEGIAN-based energy company Statoil plans to begin drilling for oil in the Great Australian Bight by late 2018 after it took over two exploration permits from BP. The company has also moved to quell environmental concerns over potential oil spills associated with deep-sea drilling, saying it will abandon the project if it cannot drill safely….

Chinese investment in real estate grows to $32b: FIRB

Chinese investors topped the list of foreign investment approvals for the financial 2016, and have pledged to invest $47.3 billion in Australia, mainly in real estate, the latest Foreign Investment Review Board annual report shows. The figure is similar to the previous year when $46.6 billion in approvals was awarded to Chinese investors. Of China’s…