by Freshagenda | Mar 28, 2024 | Australia, News
Consumer sentiment has weakened according to Westpac-Melbourne Institute index, which fell 1.8% to 84.4, from the February reading. The 12-month outlook for the economy was down 4.5% and the 5-year outlook rose 1.1%. The measure for household finances also fell 1.4%...
by Freshagenda | Mar 21, 2024 | Australia, News
Average price per hectare of broadacre farmland has more than doubled in the ten years to 2023. That’s the latest reading from ABARES Farmland Price Indicator. Farmland values peaked in 2022 at $9,576ha, with an average annual growth rate of more than 10% in the past...
by Freshagenda | Mar 14, 2024 | Australia, News
Agriculture minister Murray Watt says farmers operating outside developing government regulation and policy regimes and supply chain and banking frameworks will likely punish themselves by potentially losing access to markets and finance. The Department of...
by Freshagenda | Mar 14, 2024 | Australia, News
Coles CEO Leah Weckert has conceded the retailer wants to shift the conversations on prices with suppliers as commodity values decline. Consumers expect prices to come down in the supermarket aisles as commodity values fall and Weckert expects the entire supply chain...
by Freshagenda | Feb 22, 2024 | Australia, News
Bega Cheese announced a lift in earnings and profits in the first half of 2023. Revenue rose 3.2% YOY to $1.73bn with normalised EBITDA lifting 2.6% YOY to $76.5m and normalised profits rose to $13.3m, up from $9.4m the year before. Normalised earnings per share rose...