Graincorp decision delayed
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Hockey sets judgment date for GrainCorp bid Treasury Joe Hockey has announced he will make a decision on the controversial $3.4 billion bid by the US giant Archer Daniels Midland for the Australian agribusiness GrainCorp by December 17. The acquisition bid is highly controversial with the Nationals particularly concerned...
China coveting Australian dairy assets ?
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In the dairy world, bigger is better, says David Williams, who is advising Bega Cheese Ltd on its attempted takeover of Warrnambool Cheese & Butter Ltd. Williams, founder of boutique advisory firm Kidder Williams, forecasts further Asian investment in dairy exporters along the lines of a deal last year...
Australia Indonesia JVs for beef cattle farmland ?
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Senior federal government ministers say any proposal by Indonesia to buy Australian farmland for cattle grazing will be under joint venture arrangements.accoeding to SKY News Australia. The Indonesian government has expressed interest in acquiring a large tranche of pastoral land in northern Australia to breed cattle, but the proposal...
AustralianAgriculture Co Chairman interview
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AA Co Chairman Donald McGauchie gives his views on Australia’s potential role as a food bowl for Asia, the likelihood of foreign investment in Australian agriculture ,the branding and marketing of Australian agricultural exports, the need for sustained R&D in the agricultural sector to lift productivity levels and AACo’s plans...
AFM Organizer IFTA Unveils 2013-14 Election Results
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CineTel Films’ Paul Hertzberg has been re-elected to a second term as Chairperson of the Independent Film & Television Alliance‘s Executive Committee. Voting took place during the annual member meeting of the IFTA, the indie trade organization that runs the annual American Film Market in Santa Monica. This year’s...
On farm biosecurity
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Australian agriculture’s biggest threat needs a global approach Australia has been free of foot and mouth disease since 1872, but it is still considered the most serious biosecurity threat to Australia’s agricultural industries. A widespread outbreak could cost the economy more than A$16 billion in the first 12 months....
Pettis on Chinese predictions
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Since the beginning of the global crisis in 2007-08 I have argued that the crisis was a consequence primarily of global trade imbalances generated by structural features that led to significant saving imbalances in China, the US, and within Europe. I describe this model in more detail in my...
Sustainability and reporting – an Austcham HK seminar 25 Sept 2013
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Presented by Sustainable Development Committee of Austcham Hong Kong and Macau a seminar on Sustainability – A Panel Discussion on Reporting Formats. Lunch Seminar | Wednesday 25 September 2013 The Hong Kong Stock Exchange recently published guidelines for listed companies to report on Environment, Social and Governance (ESG) factors....
Hedge Funds mull small agri and resources deals in Oz
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“Hedge funds and Asian buyers, especially from China, are analysing mining companies and agricultural businesses including dairy, cattle and wheat farms that are in distress with a view to take controlling or minority stakes. Turnaround and insolvency experts, lawyers, bankers and hedge funds themselves say they expect the mining...
China Foreign Direct Investment obstacles
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The requirement that investments from China over $248 million be referred to the Foreign Investment Review Board for approval is reportedly a sticking point for Australia-China Free Trade Agreement negotiations. Beijing wants the review-free threshold raised to $1 billion in line with concessions offered to American and New Zealand...