Australian Consumer Sentiment Lifts

Australian Consumer Sentiment Lifts

Australians remain gloomy about the economic outlook, but fuel price pressures and fears about a potential interest rate increase moderated, leading to a rise in July sentiment. The Westpac-Melbourne Institute Consumer Sentiment Index rose to 83.9, up from 80.6 in...
Cow Culling Again Lower in June

Cow Culling Again Lower in June

Saleyard transactions of dairy cow culls, as reported by the National Livestock Reporting Service (NLRS), were flat YOY in the 2025-26 season (July-June). Culling declined 4% YOY in June alone, the third consecutive monthly decrease. The average June saleyard price of...
Rain Spurs Crop Yield

Rain Spurs Crop Yield

Recent rainfall across Victoria has filled soil moisture profiles to near capacity, driving strong optimism for the state’s winter crops. Agriculture Victoria data shows many key cropping regions are now at or close to 100% soil moisture after good June and...
Rain Spurs Crop Yield

Lactalis Removes Fresh Label, Pays ACCC Fine

Lactalis Australia has paid three infringement notices, for a total of $59,400, issued by the Australian Competition and Consumer Commission (ACCC) for allegedly mislabelling two of its milk products. According to the ACCC, Lactalis’ Golden North Country Fresh 2l and...
Rain Spurs Crop Yield

Danone Expands Australian Operations

French dairy company Danone agreed to acquire Melbourne-based MADE Group and Saputo’s 49% stake in their Australian dairy joint venture, giving Danone full ownership of the business. The two major acquisitions are worth more than $1.5bn The deals strengthen...
Australian Consumer Sentiment Lifts

Cost-Of-Living Continues to Bite

Australian consumer sentiment has deteriorated again in June. The index declined to 80.6, the weakest reading since April and among the lowest in the survey’s 50-year history. Cost‑of‑living pressures remain the dominant drag, overwhelming the brief relief from the...