Shares in Western Australian aquaculture player Atlas Pearls and Perfumes fell dramatically today as the company announced a restructure, including the resignation of executive chairman Stephen Birkbeck.
Perth-based company Commodities Group has signed an access and option agreement for a 180,000-hectare cattle station, to continue its pursuit of an industrial scale prawn farming operation.
The federal government has announced it will increase scrutiny on incoming foreign investment in agricultural land, lowering the threshold at which purchases are reviewed by the Foreign Investment Review Board.
Western Australian businesses are being drawn to the long-term growth opportunities offered by the aquaculture sector as increasing demand from Asia drives investment.
The state government’s farm finance concessional loans scheme has been expanded to allow loans for debt restructuring, and to farmers in areas that are not rainfall deficient.
Iron ore magnate Gina Rinehart has agreed to invest in WA business Bannister Downs Dairy, to support a planned $20 million-plus expansion of the niche dairy producer.
Director of sandalwood producer TFS Corporation Patrick O’Connor has resigned from the board today, just weeks after stepping down as chairman as the company continues a refreshing of the board.
Two thousand investors in failed Great Southern managed investment schemes will be forced to repay their loans after the Supreme Court of Victoria upheld a settlement that will see the investors get back just $23.5 million.
Australia’s free trade agreement with China is likely to deliver significant benefits to agricultural exporters but the gains will be mainly indirect and apparent over the longer term, a report by Rabobank has concluded.
One of three independent directors on the board of grain grower cooperative CBH Group, Samantha Tough, has resigned today after reported divisions among its directors.
The southern town of Augusta will be home to a new artificial reef as a Western Australian company uses local technology to improve productivity in abalone ranching.
The falling Australian dollar has been a positive development for growers of the state’s two largest agricultural exports as the harvest cranks up across the grain belt.
A Western Australian dairy boss who waited three years for the business to turn a profit has discovered the other end of the spectrum, and is now dealing with an operation that has outgrown its facilities.
Coles stores in Western Australia will be selling WAFarmers branded milk from today, with part of the proceeds from sales going to development of the state’s agricultural industry.
Western Australia is leading the country when it comes to the cooperative and mutual business sector, with three local operations named amid the nation’s five largest.
