Big losses announced by Murray Goulburn

Murray Goulburn, has posted a loss of AUD $31.9 million got its first half results. Murray Goulburn’s new Chief Executive Officer, Ari Mervis, said the financial period was a particularly challenging time for Murray Goulburn. “Record rainfalls and high levels of competitor activity have reduced our milk intake, impacting...

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World’s most admired food companies’ rankings, Fortune

The world’s most admired food companies have been announced for 2017. Nestle has been awarded the top position in the rankings published by Fortune magazine. Companies from around...

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‘Watermelon water’ to launch in Australia

The makers of H2coco are preparing to launch a new beverage never before sold in Australia. ‘H2melon Water’ is the company’s latest venture, a “100 per cent pure watermelon...

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Milkman delivery come back in Big City

The milkman might be a thing of the past for many Australians but the service has made a comeback in New York City. According to recent US media reports, milkman services are surprisingly...

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Woolworths bounces back with help from supermarket food

Woolworths is continuing to turn itself around, with supermarket food sales helping out. For the first half of its 2017 financial year, sales growth in the group’s Australian...

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Overseas dairy imports flooding Australian market but prices on the upwards

Dairy products are flooding into Australia from overseas despite local farmers struggling to stay afloat. Things may however soon turn around for Aussie dairy farmers with some...

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Caltex powers on without Woolies, new convenience strategy

Caltex petrol says while it is disappointed with the likely end of its fuel-alliance with Woolworths it is looking to other avenues for profit. This will include its retail network...

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Aldi named supermarket of the year, again!

Aldi has been named Supermarket of the Year in the 2016 Roy Morgan Research Customer Satisfaction Awards. It is the fourth time Aldi has been named supermarket of the year since...

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Backpacker tax expected to hurt agri business says IBISWorld research

IBISWorld says its research indicates the backpacker tax will negatively affect a number of Australian industries, including agribusiness. As of 1 January 2017, those on working...

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Montague starts selling alcoholic cider

Australian fruit producer, Montague, has ventured into alcoholic cider. The ‘Montague Cider House’ drink is made using Montague Jazz apples. It has been created in conjunction...

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CCA to close SA manufacturing facility, invests in QLD instead

Coca-Cola Amatil, CCA, will be closing its South Australian manufacturing facilities and will be investing $90 million into its Richlands, Queensland manufacturing facility. CCA...

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