The owners of Australian fresh produce firm Costa Group have sold a 50% stake in the business to private-equity firm Paine & Partners. The deal, struck for an undisclosed sum, will give family-owned...

The Australian Competition and Consumer Commission (ACCC) has found that Coles’ decision to discount house brand milk does not breach competition law. The ACCC decided that discounted prices for...

Costco, the US retail giant, has opened its first stores Sydney and Canberra. The openings herald a major shift in the Australian market, intensifying competition in an already challenging retail environment. Costco...

Continued uncertainty over carbon pricing may help to explain why Australians are keeping their hands in their pockets, according to Margy Osmond, CEO of Australian National Retailers Association. Commenting...

Incaberries, a product grown in Ecuador, are now available to major health food stores, green grocers and wholesale distributors in Australia. The berries are imported by GB-Commtrade, the specialist nut...

Woolworths, Australia’s largest retailer, said yesterday that sales, which include its general merchandise and hotel divisions, were up 4.7% to reach A$54.1bn (US$58.09bn). Excluding petrol, sales...

A recent study by a team of Spanish and British scientists has identified different nutritional benefits within the layers of onions. They found that onions are rich in nutrition, even those layers that...

Bega has officially announced the launch of its initial public offering (IPO). Australian cheese manufacturer Bega Cheese has announced the dates of its IPO, with trading in the company’s shares...

Food manufacturers including Nestlé, Hershey and Kraft Foods have published their own uniform guidelines on the nutritional content of products advertised to US children. The criteria, published yesterday,...

Unilever has released a statement encouraging political leaders to take “ambitious steps” to tackle climate change, and rejecting media suggestions that it will oppose the Government’s...