The collapse of the New South Wales (NSW) Grains Board has meant huge losses for its creditors, and many are now considering legal action to sue the board’s directors and auditors.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The NSW Audit Office had approved the Grains Board’s finances, and now creditors, such as The Commonwealth Bank and agricultural lender Rabo, say they were misled when they lent the board A$350m in credit.


The collapse of the board is currently being investigated by the New South Wales Public Accounts Committee and the Independent Commission Against Corruption, amid allegations from the creditors that the missing stock has not been accounted for.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now