Latest Insights

Eyeing Asia, Saputo moves for Murray Goulburn - editor's viewpoint 30 Oct 2017

Dean Best weighs up why Saputo has moved to buy the embattled Australian dairy group.

Murray Goulburn's FY results, outlook and strategic review - four things to learn 24 Aug 2017

Murray Goulburn has just closed what its CEO has called a "difficult" 12 months. In reality, it has been tough for the Australia-based dairy foods and ingredients group for longer than that. In April 2016, the Devondale brand owner announced a cut to the price it paid suppliers for milk, issued a profit warning and the departures of its CEO and CFO. Current chief Ari Mervis joined Murray Goulburn in February this year and has seen the supply of milk into the business continue to fall, denting sales. Under Mervis, Murray Goulburn has embarked on a strategic review and this week, the company, alongside its 2016/17 results and 2017/18 outlook, spoke at length about the reappraisal of its business. Dean Best reports.

The small can be powerful in Australia - analysis 25 May 2017

The growth of Australia's grocery market is slowing but there remains opportunities for smaller brands to exploit. Nicholas Hill, senior account manager at IRI, looks at where those pockets are.

Freedom Foods Group charting growth strategy from Australia to China and US – interview 26 Apr 2017

Australia-based Freedom Foods Group is balancing its ambitions to grow at home and abroad. A supplier of allergen-free products in Australia, Freedom Foods is expanding its domestic presence through a focus on innovation. At the same time, the company is trying to grow its dairy, snack and cereal sales in China and the US. Katy Askew spoke to Freedom's general manager of marketing and innovation, Tom Dusseldorp, to find out more. 

Australia's Some Foods on rise of low-FODMAP market and plans for growth - the bitesize interview 21 Oct 2016

Australia is seen as one of the markets where low-FODMAP foods have gained the most traction. Dean Best speaks to Martine and Ronnie Banks, the founders of local business Some Foods about why they set up the company, the prospects for low-FODMAP foods in Australia and their ambitions overseas.

Latest News

Murray Goulburn reaches settlement over milk-price claims 17 Nov 2017

Murray Goulburn, the Australian dairy co-op, has settled with the country's corporate watchdog over claims the Devondale owner misled farmers about the price the business would pay for milk.

Australian dairy business Paris Creek sold to investment firm 16 Nov 2017

Australian organic dairy business B-d. Farm Paris Creek has been acquired by investment company Primary Opinion for AUD34m (US$25.8m).

Australia's Brownes Dairy sold to Chinese consortium 14 Nov 2017

Australia's Brownes Dairy is to target export markets after it was sold by its private-equity owner to a Chinese consortium that includes dairy operator Shanghai Ground Food Tech.

Australian dairy giant Bega Cheese bids for Peanut Company of Australia 13 Nov 2017

Australia's Bega Cheese has made a takeover offer for nut supplier Peanut Company of Australia (PCA).

Bubs Australia moves for local dairy business NuLac Foods 3 Nov 2017

Bubs Australia, the infant formula and baby-food business, has struck a deal to buy local dairy group NuLac Foods.

Saputo confident it can turn around "distressed" Murray Goulburn 3 Nov 2017

Canadian dairy business Saputo has given an insight into its plans to improve the fortunes of Murray Goulburn, the Australian dairy cooperative it struck a deal to buy last week for CAD1.29bn (US$1.01bn).

Australia's Costa Group acquires controlling stake in African Blue 2 Nov 2017

Australia's fresh fruit and vegetable company Costa Group Holdings announced it has acquired an additional 41% stake in Morocco-based blueberry grower African Blue, giving it a controlling interest of 90%.

Unilever issues warning on future of Australian ice-cream plant 1 Nov 2017

Unilever has warned the cost of production at its Streets ice-cream factory in the Sydney suburb of Minto is "not sustainable" as the FMCG giant battles with local union officials to change employment conditions at the site.

China lifts suspension on Australian red meat imports 1 Nov 2017

China has lifted the suspension on red meat imports from six Australian companies after lobbying by trade minister Steven Ciobo.

Blackmores, Bega Cheese end infant nutrition joint venture 27 Oct 2017

Australian supplement maker Blackmores and dairy group Bega Cheese have ended an infant nutrition joint venture after assessing its financial performance, only two years after the project started.

Latest blogs

Cyber attack - another wake-up call for business 28 Jun 2017

A month after an international cyber attack hit entities including the UK's National Health Service and Spanish telecoms giant Telefonica, another has caused havoc around the world, affecting businesses including shipping group Maersk and, in our industry, Mondelez International.

Woolworths pushes healthy eating with free fruit for kids 30 Nov 2015

As global focus centres on childhood obesity and food-related illnesses, Australian retailer Woolworths Ltd has devised one way to get children to reach for a healthier snack over junk: give it to them for free.

Country-of-origin calls in Australia shine light on habits 9 Apr 2015

While there are calls in Australia for country-of-origin labelling after the Hepatitis A outbreak, linked to imported berries from China, there has, in the last year, been a small increase in the number of people likely to buy China-made food.