News Articles for Elders

Elders Limited boss Mark Allison says he is confident about the company's opportunity to build on success during FY25.

A south coast station larger than the Perth metropolitan area and an 11,000ha broadacre farm have been put on the market.

A move by Australia's largest agribusiness to acquire private rival Delta Agribusiness won't be blocked by the competition watchdog after it was agreed six WA stores would be divested.

The competition watchdog has raised concerns for regional WA as the nation's largest agribusiness makes a huge move to take over a rival company.

Mark Allison-led Elders Limited has benefited from higher livestock prices and improved production margins throughout its first half.

Pastoral giant Consolidated Pastoral Company has bought the 1-million-hectare Rawlinna Station on WA's south coast, five months after Andrew Forrest withdrew his interest.

Australia's largest agribusiness Elders has raised a $475 million deal to acquire private rival Delta Agribusiness.

A mothballed Kimberley abattoir has been thrown a $56 million lifeline by a Canadian government-backed fund which would value the plant at a fraction of its former price.

Yeeda station has been placed on the market two months after its owner fell into administration owing more than $100 million to debtors.

The oceanfront property was acquired by Hong Kong's Oriental Property.

A Sydney investor and property developer has purchased the Victoria Street asset.

Favourable seasonal conditions on the land aren't always reflected in the share price fortunes for listed ag firms.

Investment opportunities in the rural economy are growing, and an iconic name is playing its part.

An aggregation of four farms in WA's Great Southern sold to local growers looking to expand.

Hancock Prospecting has struck agreements to sell eight cattle stations across Australia and is looking to sell two more but said it remains committed to the agriculture sector.

Gina Rinehart's West Kimberley station Nerrima has sold for more than $30 million, as well as two additional pastoral stations Ruby Plains and Sturt Creek for an undisclosed sum.

Resources and agribusiness are supporting demand for industrial land, as Lester Group and Elders take up spots at Harvis' Muchea industrial development.

The competition watchdog says it has no reason to block Elders' proposed $187 million cash-and-scrip takeover of wholesale buyer Australian Independent Rural Retailers, which has 12 member stores in Western Australia.

Elders has made a $187 million scrip and cash offer for unlisted private wholesale buying group Australian Independent Rural Retailers.

Residential property agencies facing digital disruption and tighter margins have had to evolve their business models to remain competitive.

The Australian share market has closed slightly lower, dragged back by two of the big four banks - ANZ and Westpac - trading ex-dividend.

Good summer crop conditions and record livestock and wool prices have helped agribusiness Elders lift its first-half profit by 56 per cent and flag the resumption of dividend payments this year.

Elders has announced plans to expand its real estate presence in the South West through the acquisition of Bunbury-based Southern Districts Estate Agency for an undisclosed sum.

Agribusiness Elders' full-year net profit has lifted 35 per cent to $51.6 million with higher retail sales and a strong performance in its strong livestock agency business.

Elders is expecting underlying earnings to jump as much as 24 per cent after it decided to stop long-haul live animal export shipments and sell its short-haul operations.

A wheat variety developed by researchers based at Murdoch University could increase profitability for Australia's $6 billion wheat industry.

Agribusiness Elders is raising $102 million from investors so it can buy back the group's hybrid securities and simplify its share structure.

Live export markets are likely to remain under pressure, but agribusiness Elders still expects its annual financial results to improve.

Michael van Uffelen has been appointed as a non-executive director of Dragon Energy.

One industry to benefit from reduced mining activity is agriculture, particularly sheep meat production.

Agribusiness Elders is focusing on growth, having completed a significant turnaround with a $38.3 million full-year profit.

THE state's live cattle exporters are preparing for an improved season ahead, while farmers in the processed meat market have already enjoyed a dramatic improvement in fortunes so far this year.

Racing and Gaming Minister Terry Waldron has resigned from cabinet and will move to the back bench before the end of the year.

Perth businessman Allen Caratti is set to gain control of a forestry investment trust previously held by Elders after the trust's shareholders approved the deal.

Perth businessman Allen Caratti has requested more time to arrange his affairs ahead of a proposed deal which would see him take effective control of a forestry investment trust previously controlled by Elders.

As Elders cuts staff and makes losses, you have to wonder what might have been.

WEAK prices and lower volumes have eroded the value of Western Australia's largest agricultural commodity, the wheat crop.

PYTHONESQUE humour might have had the managed investment scheme sector crying out “I'm not dead, yet”, but there really is life in the industry despite the dramatic and near-terminal events of 2009.

Rural services provider Elders is to conduct a capital raising as part of a refinancing and recapitalisation of the company as it sells subsidiary, ITC Timber, to Gunns for $100 million.