Sandalwood producer TFS Corporation has received about $49 million from a Middle Eastern sovereign wealth fund to plant 595 hectares of Indian sandalwood at a new plantation in the Northern Territory.
Divisions within the government over foreign ownership of farmland appear to be deepening, with Labor accusing the coalition of speaking with "two heads" about Chinese investment.
After welcoming Chinese investors to the Kimberley region, the Western Australian government is pitching the state's agribusiness opportunities to Vietnam and Thailand.
Senior federal government ministers say any proposal by Indonesia to buy Australian farmland for cattle grazing will be under joint venture arrangements.
Agricultural chemicals and seeds supplier Nufarm says its annual profit has been affected by challenging seasonal conditions and a difficult market in Australia.
Pastoralists are being offered $100 for each wild dog scalp they claim under a bounty scheme being trialled in West Australia to reduce attacks on sheep and cattle.
Struggling rural services company Elders will cut its staff by 10 per cent.Elders said this morning that the job losses would be part of more than $25 million in company cuts.
Sandalwood producer TFS Corporation has announced a record net profit after tax of $55.7 million for the year ended June 30 and appointed a new chairman.
Western Australian broadacre farmers only averaged a “fairly miserly” 1.07 per cent return on capital for their 2012 harvests due to variability in grain prices, low rainfall, higher costs and
Livestock exporter Wellard has been cleared of wrongdoing following an investigation into the cull of more than 20,000 Australian sheep in Pakistan, angering animal welfare groups.
Western Australian cattle producers have welcomed today's announcement that Indonesia will significantly increase imports of live Australian cattle immediately, taking 25,000 animals over the next
An unusual bid to produce milk powder using energy generated from coal could see Western Australia export 30,000 tonnes of milk to growing dairy markets in Asia.
Australia has enjoyed a mining boom thanks to the Asian Century but is badly trailing the competition when it comes to feeding the region, says Nufarm chairman Donald McGauchie.
The state environmental regulator has given its nod to a 10-year plan for managing the South West, which sets aside nearly two-thirds of the region’s forests to be protected.
Debt-laden Elders has received at least one formal bid for its main rural services business and is working on securing a sale, following eight months of negotiations.
Elders shares have slumped more than 10 per cent after the agribusiness posted a hefty first half loss and said the sale process for its rural services and automotive businesses was ongoing.
The state government has given Chinese group Kimberley Agricultural Investment four years to develop active irrigated agriculture in the Ord River region, before it will agree to signing long-term
Live animal exports would be banned by 2017 under a private bill introduced by federal independent MP Andrew Wilkie, who says the industry has run out of "last chances".
The Australian Agricultural Company has announced a $46.5 million loss for the three months to March 31 2013, after being hit by the continuing effect of government bans on live exports.
