Tag Archives: investment

Local manufacturing up despite tough conditions

The Australian Food and Grocery Council’s (AFGC) latest annual industry snapshot shows the nation’s food and grocery manufacturing sector experienced 4.5 per cent real growth in 2017-18 despite challenging domestic and international conditions. The industry remains a key economic contributor and employer, according to the State of the Industry Report, …

Read More »

Woolworths starts work on Townsville DC expansion

Woolworths and Queensland builder Spaceframe have turned the first sod on a $12 million expansion of the existing Townsville Regional Distribution Centre (TRDC) to improve stock availability for North Queensland customers year-round. Upon completion, the site will more than double its footprint to 10,000sqm. Woolworths says this will make it the largest …

Read More »

Coca-Cola invests in Made Group

Coca-Cola Amatil and The Coca-Cola Company have announced joint acquisition of a 45 per cent minority interest in Made Group. Made Group is responsible for Australian beverage brands including Cocobella, Rokeby Farms, Impressed and the company’s first brand, NutrientWater. Through this partnership, Made Group will reportedly continue operating independently. But …

Read More »

Tax incentives welcomed by AFGC

Opposition leader Bill Shorten has announced the Australian Investment Guarantee, which will provide targeted tax incentives for Australian industries and Australian jobs. The Australian Food and Grocery Council (AFGC) has welcomed the announcement, with CEO Tanya Barden saying the announcement is in line with what the AFGC has been proposing …

Read More »

Bertocchi invests in growth

Smallgoods manufacturer Bertocchi will undergo a major expansion – creating more than 700 jobs – with support from the Victorian government.  Victorian Minister for Industry and Employment Ben Carroll visited Bertocchi Smallgoods’ Thomastown factory in late 2017 to announce support for the $46.7 million project to increase sales and revenue, …

Read More »

Small-business investment barriers identified

The Australian Small Business and Family Enterprise Ombudsman has released a study into factors affecting small-to-medium-enterprise investment. Speaking at the Institute of Public Accountants national conference on the Gold Coast last week, Ombudsman Kate Carnell said barriers to investment included access to capital, red tape and energy prices. Removing these …

Read More »