News

There are few countries better placed than Australia to meet the growing global demand for foods that enhance health and wellness.

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Ten of the freshest food and agtech startups will make their first public pitch at SproutX Launch Night 2019.

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Austrade is taking its second delegation of agtech startups, companies, accelerators, universities and research organisations to this year’s World Agri-Tech Innovation Summit in San Francisco.

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The Liberal-National Government has today launched a new initiative to help attract more investment in Australia’s emerging agrifood tech sector.

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Australia's economy grew by a stronger-than-expected 0.9% in seasonally adjusted terms over the June quarter 2018, according to the latest National Accounts figures recently released by the Australian Bureau of Statistics.

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Coca-Cola Amatil has unveiled a A$165 million expansion of its bottling and warehouse facility to meet growing demand for bottled drinks in the Asia-Pacific region.

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A massive A$100 million expansion of the Malteurop malthouse in Geelong will increase production capacity from 80,000 to 200,000 tonnes per annum to make it one of the biggest malting plants in Australia.

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Coca-Cola Company has acquired South Australia-based kombucha maker Organic & Raw Trading Co., maker of the MOJO brand, for an undisclosed sum.

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George Weston Foods (GWF) has acquired Australian dips manufacturer Yumi’s Quality Foods for an undisclosed amount from Anacacia Capital, Sydney-based private equity firm.

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Australia continues to be an attractive destination for foreign investment, with China and the US the top two sources of approved investment.

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Foreign direct investment (FDI) inflows to Australia, which more than doubled in 2016, maintained their high level at US$46 billion in 2017.

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The Carlyle Group has acquired South Australian wine company Accolade Wines for A$1 billion.

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Japanese seafood giant Nippon Suisan Kaisha (Nissui) announced it has acquired a 14.99% share of Australian prawn farmer Seafarms Group for A$24.99 million.

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According to the Australian Bureau of Statistics, Australia’s inward foreign direct investment stock reached A$849 billion last year, an increase of seven per cent on the previous year and more than 50 per cent above 2011.

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An Austrade-led agtech mission to the US has helped position Australia as an exciting source of agtech innovation for investment and commercial collaboration.

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A 200-hectare commercial wet-season cotton crop has been planted in Western Australia’s Ord Irrigation Scheme.

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Oji Fibre Solutions (OjiFS), the New Zealand subsidiary of Japanese manufacturer Oji Holdings Corporation (Oji Holdings), has opened its A$72 million corrugated box manufacturing facility in the Gold Coast suburb of Yatala.

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Agrisoma Biosciences (Agrisoma), a Canadian agtech company, has partnered with Qantas to invest in Australia’s first commercial aviation biofuel seed crop.

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UK-based Cibus Fund has purchased a 400-hectare almond orchard in Victoria, Australia for an undisclosed price.

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The Australian Trade and Investment Commission (Austrade) has launched Australia’s new Benchmark 2018 report.

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