FIRB approves PSP pension fund’s $208m buyout of BFB agribusiness

The Foreign Investment Review Board has approved the sale of NSW mixed cropping and logistics enterprise BFB to Canada’s largest superannuation fund. US private equity firm Proterra has held a controlling stake in BFB since 2008. PSP’s bid for the Temora, southern NSW business, is understood to have been $208 million. PricewaterhouseCoopers (PwC) advised BFB Read More …

‘Focus on Agriculture, Opportunities for all’, from The Australia China Agribusiness Association Annual Forum

The Australia China Agribusiness Association Annual Forum took place on Aug 16th, 2018 at The Novotel Hotel, Glen Waverley, Melbourne. This Forum provided an overview to all participants around the Australia and China’s Agricultural industry. Nearly 100 delegates including government officers, academic professionals abd investors gathered  together for this event to discuss challenges and opportunities Read More …

Qantas to fly NT produce direct to Hong Kong in coup for Territory farmers

TERRITORY growers will be able to get their produce to important Chinese markets faster than ever with Qantas announcing a freighter, which usually flies directly from Sydney to Hong Kong, will stop in Darwin every Sunday to collect freight. Subject to regulatory approvals, the service will begin in late August and mean fresh Territory produce Read More …

Live export licence suspension could cost jobs and Australia’s reputation, WA farmers warn

The suspension of Australia’s largest sheep exporter’s licence is a “major setback” for the industry that could put jobs and Australia’s reputation in the global market as a reliable supplier at risk, West Australian farmers have warned. Earlier this year, pictures of dead and heat-stressed sheep aboard the company’s shipment to the Middle East sparked Read More …