The chief executive of Woolworths,Brad Banducci,is retiring on a bad note with many Australians.
The chief executive of Australia’s largest grains company Graincorp has warned that global supply chain disruptions could linger for years.
GrainCorp’s strategy to invest in a dozen start-ups over the next three years is an investment in its future – and its culture.
Graincorp has benefited from the global wheat shortage triggered by Russia’s war on Ukraine and a bumper crop in Australia. But the boom might soon be over.
Kevin Green and other residents say a GrainCorp refinery stinks and is making them sick. The dispute is part Erin Brockovich,part The Castle,and it’s made Mr Green a pariah in Numurkah.
The ASX-listed grains giant has sailed through global supply chain issues,but chief Robert Spurway says this hasn’t been “just through good luck”.
Grain growers along the eastern seaboard reaped record winter crops this season,with timely rain across the grain belt in NSW,Victoria and Queensland after a run of dry years.
GrainCorp says its exports to China haven't been affected by recent tensions in the trade relationship,but the grain handler is still making progress in developing new markets.
Australian wheat exporters are nervously watching the escalating trade dispute with China amid fears they could be Beijing's next target.
United Malt's CEO says some craft brewers won't survive the coronavirus crisis,but he's confident of his company's growth prospects once the pandemic eases.
Grain growers say China's decision to impose tariffs of up to 80 per cent on barley imports from Australia could cost them $500 million a year.