Pineapple go to waste farmers warn of shortage

North Queensland farmers are being forced to leave hundreds of tonnes of pineapples to rot due to a glut of the fruit. Ideal growing conditions across Queensland have led to a bumper season, forcing down the amount of money paid to farmers for their crop. In many cases, it’s not enough to cover the cost…

Farmers in tears after banks take land

At the mercy of the elements Lindsay Dingle thought the life of a farmer was hard enough. Then there was a knock on the door that has brought him 40 months of turmoil. Mr Dingle had a cattle, cropping and fodder property outside of Bundaberg in Queensland for 13 years. In 2011 and 2013 the…

130-year-old Brownes Dairy sold to Chinese firm.

One of Western Australia’s most recognised household dairy names — the 130-year-old Brownes Dairy — has been sold to a Chinese firm. Brownes chief executive Tony Girgis announced today the private equity group Archer Capital had sold the company to Shanghai Ground Food Tech, who they described as “experienced dairy operators who understand the industry”….

Foreigners in charge of Australia’s dairy destiny: Murray Goulburn sale

THE Australian dairy industry is no longer in charge of its own destiny. ANALYSIS: And the days of the large dairy co-operative are over. If Canada’s Saputo, with an annual turnover of $US8.4 billion last year, is successful in buying Murray Goulburn it would control up to three billion litres of milk in the Australian…

Murray Goulburn sold to Canadian – owned Saputo for $1.3 billion

CANADIAN family dairy company Saputo Inc has won the battle for Victorian-based dairy co-operative Murray Goulburn. Murray Goulburn has announced it has entered into a binding agreement to sell to Saputo Dairy Australia Pty Ltd, the Australian arm of the Canadian dairy giant, for $1.3 billion. The deal is subject to approval from the Foreign…

Government assures China over Adani mega- mine approvals

China has officially been informed the controversial Adani coal mine in Central Queensland has received all government approvals, Federal Attorney-General George Brandis has told Senate Estimates. Senate crossbenchers have questioned officials from the Department of Foreign Affairs and Trade (DFAT) in Senate Estimates. The questions were sparked by a Freedom of Information request to DFAT…

Chinese developers buy one-third of Australia’s sites in 2016

Chinese developers bought almost 40 per cent of the total $5 billion spent on Australia’s residential development sites in 2016, with a clear trend towards buying up land in far-flung Sydney and Melbourne suburbs, new research shows. Knight Frank’s report, The Rise of Chinese Developers in Australia, found Chinese developers bought $2.4 billion of residential development sites in…

Up to 84pc of tomatoes left in field due to supermarket demands

Tomato waste at rotten levels as up to 84 pc of crops left in field due to supermarket demands Supermarket demands for unblemished fruit has led to a high level of waste in the tomato industry, researchers say. A study from the University of the Sunshine Coast has found 70–84 per cent of undamaged, edible…