News

Tenacious Ventures receives A$16 million investment boost

19 Nov 2019

Australian agrifood tech venture capital fund Tenacious Ventures has received a A$16 million injection that will strengthen its ability to invest in startups developing innovative agtech.

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Australia: Future-proofing farm management

18 Nov 2019

Systems and solutions that manage agricultural activities have been instrumental in helping Australian farmers to improve productivity, increase operating efficiency and reduce costs.

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Australian agtech startup SwarmFarm wins global accolade

18 Oct 2019

Australian agtech innovation was in the spotlight recently when SwarmFarm Robotics founder Andrew Bate was awarded third place in the Agripreneur of the Year contest at the 2019 Future Agro Challenge Global Championships, beating competitors from mor ...

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Australia: A land of food innovators

1 Oct 2019

Renowned for clean, green and safe food production, Australia provides a strong foundation for developing ground-breaking products and technologies. Strong expertise has been developed through the country’s world-leading research institutions, advant ...

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Australia: pioneers in food waste prevention

29 Aug 2019

Australia is becoming a world leader in harnessing technologies that reduce food waste. Aided by a population that is environmentally conscious, the Australian foodtech industry has evolved products and initiatives over the last few years that are pr ...

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French drone startup takes flight in Australia

15 Aug 2019

Sunbirds, a Toulouse-based startup has set up an office, assembly workshop and maintenance centre in Brisbane, Queensland. The office provides drone packages and drone-as-a-service solutions to surveyors, cattle stations and environmental monitoring ...

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Making healthy, innovative food and beverages for the world

16 Apr 2019

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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SproutX 2019 Cohort Launch Night

4 Apr 2019

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

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Australian agtech ready to take the stage at the World Agri-Tech Innovation Summit

15 Mar 2019

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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Unlocking the potential of Australia’s emerging AgTech sector (Ministerial)

19 Feb 2019

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 holds world record for longest period of growth among developed economies

28 Nov 2018

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 invests A$165 million in Australian bottling facility

31 Oct 2018

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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French malt producer boosts Australian facility with A$100 million investment

16 Oct 2018

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 acquires Australian kombucha manufacturer

28 Sep 2018

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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British company buys Australian dips manufacturer Yumi’s

26 Sep 2018

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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A look at the Foreign Investment Review Board 2016–17 Annual Report

18 Jun 2018

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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Australia remained in the top ten global destinations for FDI in 2017

15 Jun 2018

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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US private equity investor acquires Accolade Wines for A$1 billion

13 Jun 2018

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

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Japanese seafood giant acquires A$24.99 million stake in Australian agribusiness

30 May 2018

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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Australia’s inward FDI stock surged to almost A$850 billion in 2017

15 May 2018

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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