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Agribusiness

Versatile hemp plant offers growth potential

Businesses and farmers see a bright future for the hemp industry in WA following recent legislative changes, but the fledging sector needs support.

Asic launches legal action against Frank Wilson

The corporate watchdog has launched legal action in the Federal Court against former Quintis managing director Frank Wilson, alleging he failed to disclose the loss of a major contract in 2017.

Rainfall raises hope for farmers

Recent rainfall experienced across the state has lifted the outlook of Western Australian farmers, following one of the hottest and driest autumns on record.

Momentum grows for irrigation plans

Several major agricultural irrigation projects are moving forward in the state’s north, with Pardoo Beef Corporation and Argyle Cattle Company among the proponents.

Quintis offered $175m recapitalisation deal

The creditors of sandalwood company Quintis, led by US group Blackrock, have proposed injecting $175 million to take control of the business, in a deal that is likely to leave shareholders with no return.

Govt, industry at odds over livestock monitoring

An animal welfare group has been granted access to Fremantle harbour to observe livestock loading in a move that has been criticized by industry groups.

Second irrigation project gets EPA tick

A project to irrigate and run cattle on 650 hectares of pastoral land south of Broome has become the second such plan recommended for approval by the Environmental Protection Authority this year.

Quintis faces third class action

A new class action has been launched today against embattled sandalwood producer Quintis, along with its former managing director Frank Wilson and the company’s auditor EY.

Tempo secures $6m CBH contract

Tempo Australia has been awarded a $6 million contract with CBH Group to upgrade its grain handling facilities across Western Australia.

Confidence in China relationship

Australian businesses can be confident that strong personal relationships with their partners in China can help overcome any short-term problems between the governments of the two countries, according to two local business executives with close ties to the Asian powerhouse.

Brownes moves to secure supply

Brownes Dairy is chasing extra supplies for its expanded cheese factory in the state’s South West and is believed to have approached the Lactanz cooperative and two farmers who were told last year their milk wasn’t needed.

WA may still ban sheep exports in summer

The federal government has endorsed changes to the livestock export industry designed to improve animal welfare but the WA government says it may still try to ban live sheep exports to the Middle East during the northern hemisphere summer.

Govt backs barramundi farm, Warburton resigns

The $5 billion Northern Australia Infrastructure Fund has finalised its second deal, providing nearly $30 million to a barramundi farm in the Northern Territory, two weeks after chair Sharon Warburton stepped down.

Labor likely to phase out live sheep exports

Federal Labor has effectively committed to end live sheep exports with its agriculture spokesman, Joel Fitzgibbon, telling an Adelaide radio station the party does not believe there is a future for the sector.

ACCC, milk producers at odds

Milk production in Western Australia has recovered to levels approaching those before the industry’s deregulation nearly two decades ago, a recent report has found, while the number of milk-producing farms in the state has fallen significantly.

Government pledges extra $24m to grain R&D

The state government has announced an additional $24 million in funding for grain industry research and development, taking the total figure to $45 million over the next four years.

$400m water project to boost South West

An ambitious water supply project in Western Australia's South West is set to proceed after gaining federal government backing, with Collie Water chairman Peter Fogarty saying he was well advanced in securing private investors to complete funding.

Live export ban cost up to $150m

The cost to Western Australian farmers of a ban on live sheep exports could be more than 10 times previous estimates, as much as $150 million, according to a report released today.

$160m in federal funding for Outback Way

The federal government has today pledged $160 million to seal a 300-kilometre stretch of the Outback Way, which links Western Australia’s Goldfields to central Queensland.

Lower prices hit revenue

SPECIAL REPORT: Western Australia’s five biggest agribusinesses are earning about $5.5 billion in revenue annually, according to the latest BNiQ Search Engine data, down from $5.8 billion when the list was last published 18 months ago.

Agribusiness seeks global growth solutions

SPECIAL REPORT: The increased use of technology in one family-owned WA agribusiness is an example of many changes happening in the industry more broadly.

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