Warrnambool Cheese and Butter Factory has announced a loss of $19.9 million as revenue fell 16% to $441 million on the back of an “unprecedented downturn” in the dairy industry. The company...

Clean Seas Tuna has reported a loss of $18.378 million in the 2008/09 financial year but has taken a step forward in their revolutionary attempt to breed commercial quantities of Southern Bluefin Tuna. The...

Australians have made various lifestyle changes in response to the recession, including sacrificing some of their favourite brands to save money. However, it is the type of sacrifices being made that has...

Woolworths CEO Michael Luscombe has advised that the supermarket chain has no specific figure in mind for the penetration of private label goods on their shelves. The retailer, which reported strong profit...

International food buyers from more than 30 countries are making their way to Sydney next week to savour and spend up on the best of Australia’s food offerings at Fine Food, according to Exhibition...

Despite the tough economic conditions at home, new research from Britain shows shoppers are showing increasing concern over the welfare of people producing their food and groceries in developing countries. The...

Mandatory fortification of folic acid in bread will be deferred until May 2012 in New Zealand, with the focus now on introducing a targeted voluntary programme, NZ Minister for Food Safety Kate Wilkinson...

Entries for the Fine Food Best New Product Awards have exceeded expectations for this year‘s event in Sydney, according to Exhibition Manager, Minnie Constan. The number of new products entered into...

Feeling the sting of a bleak global economy, consumers around the world cut back on visiting foodservice outlets in the first part of the year, according to market research firm The NPD Group. NPD’s...

Retailers have welcomed the support of Deputy Prime Minister and Employment Minister Julia Gillard for a five year transition to higher penalty rates under the modern retail award. “The Deputy Prime...