Troubled dairy company Bellamy's has unveiled a $60.4 million capital raising as part of a major overhaul that will see it take control of a new canning facility and recast its supply arrangement with sector giant Fonterra.
Confidence levels have surged among Victorian and NSW farmers thanks to record beef, lamb and mutton prices, and favourable seasonal conditions in Victoria and the Riverina, a new survey shows.
Without further cost cutting, Murray Goulburn may not meet its farmgate milk price forecast
Chinese investors wanting to buy Australian farms or agribusinesses must obtain "broad community approval" if they want to operate in Australia, according to a new report to be released in Beijing on Thursday.
Hundreds of Australians have been caught up in an international tax evasion and money laundering investigation that has already triggered raids, arrests and the seizure of expensive property in Europe.
Australian farmers are riding a wave of profitability and soaring production with the farm cash incomes of broad-acre Australian farms projected to rise to $216,000 in 2016-17, the highest figure recorded in the past two decades.
After a turbulent year Australia's biggest dairy processor Murray Goulburn has appointed Ari Mervis, a former top brewery executive, as its new CEO on an annual package of $1.5 million.
Australia's biggest dairy processor Murray Goulburn has again announced a change in payments to farmers, this time an increase.
Despite kicking off the so-called supermarket milk wars, Coles is launching a new, more expensive home brand to help struggling dairy farmers.
The decision by Murray Goulburn to slash milk payments to farmers has been condemned by dairy industry leaders.
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