Activist investors welcome MacKenzie as new BHP chair
Mining giant BHP Billiton has named famed former Australian packaging executive Ken MacKenzie as its next chairman.
Mining giant BHP Billiton has named famed former Australian packaging executive Ken MacKenzie as its next chairman.
Investors have jumped into the infant formula company Bellamy's after it emerged from a two-day trading halt.
Market analysts have welcomed moves by infant formula company Bellamy's to stabilise the business, saying the steps resolved significant uncertainties surrounding the company and gave it a clearer pathway for sales into China.
Activist shareholder Elliott Management has fired its latest salvo at BHP, calling on the mining heavyweight to appoint a new chairman who is "strong, experienced, and visionary".
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.
Search pagination
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.