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According to Australian law, the excise duty rates levied on alcohol are subject to biannual indexation, with adjustments made in accordance with the upward trajectory of the Consumer Price Index (CPI).
Australian wheat and barley producers faced challenges during difficult seasonal conditions in most major production regions.
Early seasonal conditions for the MY 2024/25 citrus crop have been very favorable. Along with expansion in production area, growers anticipate an improvement in production and the prospect of high-quality fruit production. Orange production is expected to increase five percent to 545,000 metric tons (MT) from the prior’s year estimate, the highest over the last two decades.
Australia, the world's 12th-largest economy, is a sophisticated market that is interested in new-to-market food products.
A synopsis of current news and events affecting the agricultural sectors in Australia and New Zealand.
The overall outlook for the dairy industry in Australia for 2014 is generally positive with milk production expected to increase by two percent. The August industry survey estimated overall industry confidence at 73 percent; a significant increase...
Growing demand for pet food is creating new opportunities for U.S exporters in both established and emerging markets worldwide.
While trade in chocolate confectionery remains small relative to overall demand, U.S. exporters are finding opportunities in both developed and emerging markets around the globe.