Australia

EU Offers Australia Tariff-Free Sugar Quota Equal To Just Half A Ship, Sources Say

European Union negotiators in free trade talks with Australia are offering such low import quotas for the sweetener they are not commercially viable to shi...

Pernod Says 'Continuously Exploring Options' For Portfolio After Report Of Australian Wine Review

French spirits group Pernod Ricard said it is 'continuously exploring options' for its business portfolio, after an Australian media report that it had man...

Wheat Rises On Lower Supply Outlook; Corn, Soybeans Firm

Chicago wheat futures rose on Tuesday, regaining some of last week's lost ground, as expectations of lower output in key exporting countries, including Aus...

French Pork Gets Go-Ahead For Trade With Australia

France has obtained final approval for exporting pork to Australia, adding a new potential trade outlet for a sector that has faced fluctuating demand from...

Australia's Woolworths Posts Profit Rise As Price Gains Offset Cost Hikes

Woolworths' underlying full-year profit has risen 4.6%, meeting analyst forecasts, as price increases by Australia's top grocer more than offset rising cos...

Australian Wine Industry Faces Hangover From China's High Tariffs

Australia's wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and e...

Mondelēz International, Amcor Invest In Australian Firm Licella

Mondelēz International has teamed up with packaging firm Amcor to invest in Australian recycling technology provider, Licella.

EU, Australia Fail To Conclude Free Trade Agreement, For Now

The European Union and Australia have failed to conclude talks on a planned free trade agreement after differences remained unresolved, notably on agricult...