GFM Network News



Australian lawmaker pushes to end live sheep exports

Sydney | Reuters — An Australian backbencher on Monday introduced legislation to parliament to ban the export of live sheep after the death of 2,400 animals led to widespread criticism of the A$250 million (C$241.96 million) industry. The bill threatens to expose fractures within the ruling coalition government, which last week introduced tougher oversight of […] Read more





Australia approves sale of giant Kidman pastoral holdings

Sydney | Reuters –– Australia on Friday approved the A$386.5 million (C$379.3 million) sale of the country’s largest private landholder S. Kidman and Co. to a consortium led by the country’s richest woman Gina Rinehart, after blocking two previous bids. Rinehart and her minority partner, Chinese developer Shanghai CRED, will now complete the purchase of […] Read more

Australian bidders gatecrash deal for country’s biggest landholding

Sydney | Reuters — Four of Australia’s wealthiest outback cattle families plan to make the first entirely domestic offer to buy S.Kidman and Co, the country’s largest private landholding, paying more than a rival bid of A$365 million (C$370.1 million), two of the quartet said. Kidman has already accepted a joint offer by Australia’s richest […] Read more


Australia competition watchdog to widen dairy investigation

Sydney | Reuters — Australia’s competition watchdog will launch a broad investigation into the country’s dairy industry, the country’s deputy prime minister Barnaby Joyce said on Thursday. The investigation comes after Australia’s largest dairy processor Murray Goulburn and New Zealand’s Fonterra Co-operative Group in April reduced their farm gate prices, or what they pay farmers […] Read more

Australia’s richest woman buys two cattle stations

Reuters – Australia’s richest woman Gina Rinehart has expanded her cattle business, buying two cattle properties in the country’s north, as the billionaire seeks to profit from Asia’s fast-growing food market. The cattle properties, located southwest of the town of Katherine in the Northern Territory, were bought from one of Indonesia’s largest importers of cattle, Japfa, […] Read more



Brewers toast Australian gluten-free barley

Sydney | Reuters — Australian scientists say they have developed the world’s first WHO-approved “gluten-free” barley, a breakthrough for global beer manufacturers. They have had to use alternatives to barley such as rice and sorghum to brew gluten-free beer. Australia’s Commonwealth Scientific and Industrial Research Organization (CSIRO) said April 8 it had sold 70 tonnes […] Read more