Australia’s largest supermarket chain, Woolworths Limited, today reported an increase in Net Profits After Tax (NPAT) of 5.1% for the year ending 26 June 2011. Woolworths’ outgoing CEO Michael...
Australia’s huge agricultural commodity producers and price-watchers place much emphasis on long-term weather forecasting.
Recent market predictions might be further impacted by recent predictions for...
Food Standards Australia New Zealand (FSANZ) is consulting the general public on whether permission should be given for raw milk (non-pasteurised) products to be sold in Australia.
FSANZ is calling for...
Australia’s premier consumer advocacy group CHOICE has reignited the food debate over whether Australia should adopt a traffic light system for front-of-package labelling of packaged foods. CHOICE has...
News that drinking coffee can reduce the risk of skin cancer has sent a buzz through the world’s media over the past 24 hours. Australian Food News has been investigating how this media storm was brewed....
Leading Australian retail food brand manager and franchisor, the publicly listed Retail Food Group Limited (RFG) today announced a 4.6% rise in net profit, to A$27.2m, for the year ended 30 June 2011 compared...
Chinese food group Bright Food has reportedly agreed to buy a 75 per cent stake in Australian-branded food manufacturer and importer Manassen Foods.
A Reuters report said yesterday (14 July 2011) the stake...
The future of Sara Lee’s Australian frozen desserts business is hanging in the balance. In its fourth quarter global report, just published, the consumer goods company states that the Australian...
Australia’s largest pizza-maker Domino’s Pizza Enterprises Limited today announced a A$21.4million 2011 full year net profit after tax, a 20.3% improvement on the previous year.
This takes Domino’s...
Baiada-owned poultry brand Steggles has announced it will launch a new range of premium products targeting the foodservice industry to be known as the Steggles Premium Food Service Rance; it includes...
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