Australia

The first phase of building works is under way and expected to be completed in the second half of 2022. Pic: Norco

Norco ice-cream factory to get $30m upgrade

By Jim Cornall

Australian farmer-owned dairy cooperative Norco is set to boost production at its Lismore ice-cream facility with a A$30m (US$22.3m) factory upgrade.

The Dairy Code applies to all processors in Australia with an annual aggregated turnover of A$10m.  Pic: Getty Images/nedjelly

Dairy Farmers Milk Co-operative pays penalty

By Jim Cornall

The Dairy Farmers Milk Co-operative Limited (DFMC) has paid a penalty of A$11,100 (US$8,070) after the ACCC issued it with one infringement notice for allegedly failing to comply with its publishing obligations under the Dairy Code.

Nepean River Dairy’s manufacturing capabilities and product portfolio will merge into the Nature One Dairy brand. Pic: Nepean River Dairy

Nature One Dairy to acquire Nepean River Dairy

By Jim Cornall

Australian based dairy manufacturer Nature One Dairy has announced it has reached an agreement to acquire Nepean River Dairy (NRD) Pty Ltd for A$36.5m (US$26.9m) on a debt free-cash free basis.

Australia's dairy code came into effect in January 2020.  Pic: Getty Images/Bina Taylor

ACCC urges dairy code compliance as deadline looms

By Jim Cornall

The Australian Competition and Consumer Commission (ACCC) is urging dairy farmers and processors to be aware of their rights and obligations under the Dairy Code of Conduct ahead of the approaching June 1 deadline for publishing next financial year’s...

Pic: Getty Images/kitthanes

ACCC to looks to tighten infant formula ad 'loophole'

By Jim Cornall

The Australian Competition and Consumer Commission (ACCC) is proposing to re-authorize a long-standing agreement by manufacturers to not promote infant formula, in order to protect rates of breastfeeding.

Chinese dairy company Mengniu purchased Australian company Bellamy's last year, but could not complete a deal for Lion Dairy & Drinks.

Mengniu pulls plug on Lion deal

By Jim Cornall

In November 2019, China Mengniu Dairy Company Limited announced the planned acquisition of Lion-Dairy & Drinks (LDD) Pty Ltd in Australia.

The dairy code came into effect on January 1, 2020, as it was a key recommendation of the ACCC's 2018 dairy inquiry. Pic: Getty Images/JohnCarnemolla

ACCC looking into dairy code compliance

By Jim Cornall

The Australian Competition and Consumer Commission (ACCC) is monitoring the introduction of the new mandatory dairy code of conduct, including by checking processors’ compliance with the code, and said it is ready to take enforcement action where appropriate.

Beston said the sale would enable it to reduce debt and take advantage of opportunities in line with the company’s long-term business plan.  Pic: Getty Images/nedjelly

Beston sells dairy farms for $40.4m

By Jim Cornall

Australia’s Beston Global Food Company Limited has signed an agreement with Aurora Dairies for the sale of its dairy farms in Mount Gambier to Aurora for A$40.4m (US$27.5m) in cash.

Fundraisers are being held for Australian dairy farmers affected by the recent bushfires. Pic: Getty Images/petej

Jersey Australia to help devastated farmers

By Jim Cornall

Jersey Australia and Global Impact Supremacy have joined forces to launch a fundraiser for the Salway family and other farmers devasted by the country’s bushfires.

The new code prohibits retrospective pricing step downs. Pic: Getty Images/JohnCarnemolla

Australia’s new mandatory dairy code welcomed

By Jim Cornall

Australian dairy farmers now have a rule book to help them negotiate a fair price for their product with a mandatory Dairy Code of Conduct taking effect from January 1, 2020.

Fleurieu is expanding its market reach to Asia and beyond.

South Australia’s Fleurieu has found success by taking a radical approach

Bucking the trend put an end to Aussie dairy doldrums

By Richard Whitehead

When Fleurieu Milk Company opened for business 13 years ago, it did so as a reaction to the struggles the Australian dairy industry had been facing at the time. Today, with an upgraded processing plant, and on the back of sharp growth, it seems a world...