“An Historic Day for Farmers” – South Australia Lifts the Ban on Genetically Modified Crops
Mainland growers from South Australia will soon be allowed to grow genetically modified crops, after new laws were passed through state parliament. The legislation, which is the result of an agreement between the Liberal state government and Labor opposition, signifies the end of the moratorium put in place by the Labour government in 2003. Kangaroo […]
Spot the Robotic Dog Highlights the Potential for AgTech
Technology has been applied to diverse facets of agriculture, from monitoring crop health to tracking yields and improving the precision of a variety of tasks across all sectors of the industry. But what if technology could replace the humble working dog? That’s a question being posed by Boston Dynamics, a Massachusetts-based robotics company that has […]
Barley Sector Hit With 80% Tariff by Chinese Government
China has sent a strong message to the Australian Government, implementing a staggering 80 per cent tariff on barley imports. It’s a move that could seriously damage the barley sector which is Australia’s third most valuable export to China, valued at around $1.5 billion per year. While a decision from China’s investigation into anti-dumping claims […]
Drought, Fire and a Global Pandemic: Australian Agriculture Well Placed to Weather the Storm
Despite widespread drought, bushfires and the COVID-19 pandemic, Australian agriculture is well positioned to weather the economic uncertainty, according to recently released data. Excellent opening rains in many regions along with a positive outlook for the rest of the season are working in the favour of Australian grain growers and livestock producers. While grain growers […]
Penfolds Demerger Likely as Treasury Wine Estates Looks to Sift the Premium from the Plonk
Australia’s largest wine company, Treasury Wines Estates (TWE), is likely to hive off its luxury Penfolds brand by the end of 2021. The move comes after TWE announced a 17 per cent drop in earnings from America, down to $98.3 million. While the company’s global performance was up by 5.1% for the six months to […]
COVID-19 forces Australian Agribusinesses to Implement New Health and Safety Measures
While many sectors of the Australian economy have been hampered by the onset of COVID-19 social distancing measures, agricultural businesses continue to operate in order to fulfil essential seasonal tasks. In central Queensland, citrus grower Craig Pressler has amended his approach to occupational health and safety in order to secure a team of almost 200 […]
Smoke Signals: Australia Tightens Foreign Investment Review Rules
The Government has announced that it will significantly increase the foreign investment review process in order to prevent foreign entities from taking advantage of a depressed economy. Effective immediately, the Foreign Investment Review Board will scrutinise all transactions, regardless of value, with a mandatory six-month assessment process. Previously, FIRB assessments were handled in a 30-day […]