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IFM’s Danny Elia says Air New Zealand backtracking on its emissions target is all the more reason to press ahead in developing an Australian sustainable aviation fuel industry with haste.
Rural Bank’s latest agricultural outlook report finds that emissions will be a key focus for Australian farmers, while elevated freight costs will have a mixed impact on exports.
The Australian Competition and Consumer Commission is concerned that Olam Agri’s proposed takeover of Namoi Cotton could mean higher prices for cotton growers due to reduced competition among ginners.
China’s devastating wine tariffs, changing consumer preferences and an oversupply of grapes is forcing recapitalization and compensation plans.
The firm has carved out an impact niche operating alongside export credit agencies and development finance institutions.
An end to Chinese import duties on Australian wine could mean the revival of a billion-dollar export market but winemakers are also mindful of the need to diversify.
The firm had wanted an olive oil business in its portfolio since 2017 but could never find an asset with the right combination of attributes until last year’s acquisition.
The company is a grower and packer of conventional and organic fresh produce such as potatoes, herbs and citrus fruits.
A mixed bag for 2023 looks set to continue next year – but savvy investors are still finding success.
Levelling out farmland prices, higher interest rates and widespread drought present prospective buyers with plenty to consider.