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Agribusiness

Quintis chair under fire at heated meeting

Quintis chairman Dalton Gooding has come under fire from company founder and former chief executive Frank Wilson and other shareholders at a heated annual meeting today.

Horticulture thrives on new markets, investment

A Manjimup farm business’s $2 million-plus processing facility has become the latest in a string of horticultural investments around the state.

Competition challenge in grain exporting: ACCC

Industry stakeholders are concerned about the level of port market share held by grain handler CBH Group, while entry for new players like Bunge has been challenging, according to a new Australian Competition and Consumer Commission report.

WA lobster industry worth $282m

The western rock lobster industry contributes $282 million and around 900 jobs directly to the Western Australian economy with an overall impact of more than $500 million, a new report has found.

Govt backs ag accelerator to harvest big ideas

A new accelerator program for startups in the agribusiness sector will get under way next year after securing funding from the state government’s Department of Primary Industries and Regional Development.

Business spreads the tentacles of transition

An economy in transition offers hope for WA to emerge with a broader base.

Further award nod for Franceschi

Western Australian avocado farmer Jennifer Franceschi has won a category in the national Telstra Businesswoman of the year awards, although News South Wales-based refugee advocate Violet Roumeliotis took out the top prize.

Quintis receives $US20m lifeline

Embattled sandalwood producer Quintis has been thrown a lifeline after entering into a high-interest debt facility for up to $US20 million ($15 million), while also announcing a net loss after tax of $416.8 million for the year to June 2017.

IMF to bankroll Santanol fight

The private investors in sandalwood business Santanol Group, led by Tony Jack and Bob Bunning, have gained backing from litigation funder IMF Bentham for their fight against private equity group KKR.

CBH leads as WA co-ops feature in national report

The Western Australian cooperative and mutuals sector continues to perform strongly on the national stage, with WA accounting for four of the country’s top 10 co-ops and mutual enterprises, a new report has found.

Minerals mismatch a super opportunity

Cuts to Chinese production and inaction by some big mining companies could present an opportunity for WA resources players.

Franceschi prepares for ‘avolanche’

Jennifer Franceschi has invested millions preparing for a surge of new avocado production entering the market.

Harmony to streamline livestock data

A Cottesloe-based agribusiness is hoping to improve operational productivity by increasing its use of data across the life cycle of its livestock and in its supply chain management.

WA citrus exports to grow 12-fold in three years

The state’s largest citrus packing facility opened in Bindoon today, supporting an export industry that is seeing huge growth.

Mackerel added to Mareterram catch

Shark Bay shellfish producer Mareterram is expanding into the mackerel business with the $4.95 million purchase of an established fishing fleet, support vessels, and licences.

Lock to chair Mareterram as Hutchinson retires

Seafood business Mareterram has announced a leadership reshuffle following the retirement of chairman Peter Hutchinson.

Avocado grower named businesswoman of the year

Avocado grower and Fresh Produce Alliance co-founder Jennifer Franceschi has been named the Telstra Western Australian Businesswoman of the Year, joining an alumni that includes Gina Rinehart.

Quintis terminates supply deal

Troubled Indian sandalwood producer Quintis has ended its sales agreement with a Chinese customer that was being investigated for customs evasion.

Exports grow as Chevron, Roy Hill ramp-up

SPECIAL REPORT: Roy Hill Holdings and Chevon have joined the likes of Rio Tinto, BHP, Woodside and CBH Group in an updated ranking of WA’s largest exporters in the BNiQ Search Engine.

Foreign capital boosts growth

SPECIAL REPORT: Mitsui & Company, Shell and Itochu Corporation are among a swag of businesses that have made substantial investments in the state’s exporting industries over the decades, showing that foreign investors can contribute without directly operating assets.

Crop production forecast up 12%

Cooler conditions and decent rainfall have prompted the grain industry association to boost production forecasts across regional Western Australia by 12.4 per cent.

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