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….
Category: Exports / Imports
Cheating Chinese building suppliers provide fake safety documents for shoddy supplies
CHEATING Chinese building suppliers are forging safety certificates to get shonky products into apartment towers, a Senate inquiry has been warned. Australian Competition and Consumer Commission boss Rod Sims is demanding new laws to protect homeowners, including independent checks on buildings and materials. Mr Sims said it was not a crime to sell dangerous goods…
Qatar’s $500m food bank farms in Australia
The murky world of Middle Eastern politics, Islamic extremists and terrorism seems far away as a mob of sheep with young lambs at foot quietly graze the daisy-flecked paddocks of Barton Station against a backdrop of Victoria’s spectacular Grampian ranges. Experienced agribusiness boss John McKillop hopes it stays that way. Mr McKillop heads Hassad Australia,…
Tasmanian olive grower pays price for cheap imports
TONNES of olives are going to waste at one Tasmanian grove as consumers choose cheaper imported olive oils. Christine Mann has owned the award-winning Glendale Olive Grove at White Hills since 2013. The grove, planted in 2005, is the second biggest in Tasmania with 9000 trees on 15ha. Despite an abundance of top-quality olives that…
Australia’s largest avocado farm, Jasper Farms, in WA, sold to a foreign buyer.
A deal has been struck for the sale of Australia’s biggest avocado farm to an offshore buyer.It is believed confidential terms were agreed recently on the sale of Neil Delroy’s Busselton-based Jasper Farms, subject to the approval of the Foreign Investment Review Board. The buyer remains unknown, though speculation suggests it is based in North…
China bans exports from another Australian dairy milk group
THE regulatory minefield Australian companies must navigate to export agricultural goods to China has caught out another dairy company, with global giant Parmalat slapped with a suspension of its fresh milk licence. Just days after infant milk formula group Bellamy’s had its crucial licence to export milk powder to China suspended without warning, Parmalat has…
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…
Chinese interested in bidding on CPC, the nation’s biggest privately owned cattle group
Chinese investment firm Genius Link Asset Management Group is interested in bidding on CPC, the nation’s biggest privately owned cattle group, the sale could be worth up to $1billion CHINESE Investment firm Genius Link Asset Management Group, which unsuccessfully bid more than $350 million for the S. Kidman & Co cattle empire, says it would…
Bellamy’s suffers blow as China suspends export licence of new canning facility
Infant formula maker Bellamy’s shares are in a trading halt – after Chinese authorities decided to suspend the export licence of its newly-acquired subsidiary. The subsidiary in the firing line is Camperdown Powder Pty Ltd, a Victorian blending and canning facility, in which Bellamy’s purchased a 90 per cent indirect stake for $28.5 million. In…
Chinese government trade bank may get mortgage over Darwin port
The Chinese owner of the Port of Darwin is using the port as security to seek a $500 million loan from the Chinese government’s trade bank.Private Chinese company Landbridge is seeking the loan from the Chinese government’s Export-Import Bank (EXIM) to prop up the firm’s ailing Australian operations, which include an $880,000 yearly consulting fee…
Chinese buyer of Darwin Port struggles to pay interest and heavily in debt
The new Chinese owner of Darwin Port is heavily indebted and has struggled to make interest payments on money borrowed to buy the lease, raising doubts over promises to upgrade the port and fund a new $200 million hotel on a nearby site.An analysis of the finances of the Landbridge Group and its billionaire founder…
