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Agribusiness

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.

Energising options to give farmers power

SPECIAL REPORT: Increasing energy costs and ongoing reliability issues are two major challenges for farmers with moves afoot to provide relief on both fronts.

WA farm manufacturer up for international award

Based in the Wheatbelt town of Cunderdin, agricultural machinery manufacturer Trufab Global has been nominated as Australia’s only finalist in the 2018 Swedish Steel Prize.

EPA approves Kimberley irrigation plan

The environmental watchdog has recommended approval of the first stage of China-backed Kimberley Agricultural Investment’s Carlton Plain project, which comprises a 3,000-hectare irrigated development north-west of Kununarra.

TPP signed in win for jobs

Australia was one of 11 nations that signed on to the successor to the Trans Pacific Partnership trade deal in Chile last night, just more than a year after the United States pulled out of the original deal.

Devlin tunes up for growth

40under40: Richard Devlin’s business is poised to ride a new wave of development in agricultural research tech.

WA supports International Women's Day

Fourteen females have been inducted into the WA Women’s Hall of Fame today as part of International Women’s Day, while a new report out reveals a spike in female board appointments to start the year.

Board moves: CropLogic, St John of God

Company director and former WA attorney general Cheryl Edwardes has been appointed as the new chairperson for agribusiness CropLogic while St John of God Health Care has appointed Azure Capital managing partner Adrian Arundell to its board.

Quintis receivers expecting offers next month

The receivers of Quintis have sought to retain full control of the sandalwood producer, appointing Primary Securities as an independent consultant and arguing that plans by growers to take control of some forestry schemes would be counterproductive.

Grants drive startups’ next step

Two Perth-based startups have been awarded federal grants totalling about $815,000 to help bring their products to market, as part of the national Accelerating Commercialisation (AC) program.

Wellard heads to calmer waters

Improved margins on live cattle voyages have helped agribusiness Wellard reduce its net loss after tax for the first half of the financial year to $7.5 million, nearly 60 per cent lower than the previous corresponding period.

Fast finish to CBH harvest

West Perth-based CBH Group has recorded a grain harvest of 13.2 million tonnes for the 2017-18 season, well above initial estimates following good finishing rains.

Quintis investors defer vote

A critical ruling by the corporate regulator has forced Quintis investors to adjourn a meeting that was called to appoint a new responsible entity for their 2002 sandalwood project.

Asic blocks Quintis growers’ plan

Quintis investors hoping to appoint a new ‘responsible entity’ to have oversight of their sandalwood project will need to change plans after the corporate regulator said their two preferred entities were not eligible to take the role.

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