Archive for the 'Australia | NZ' Category

10 Jun

$200,000 boost for Australian Olive Association

The Australian Olive Association (AOA) is celebrating a welcomed boost after the Federal Government confirmed a $200,000 grant, which will enable the AOA to develop a high-profile marketing campaign to promote Australian extra virgin olive oil and table olives.
The funding, announced by Minister for Agriculture Tony Burke, is part of a $2 million wider [...]

06 Jun

Viability of Timbercorp’s forests in doubt

The administrators of troubled agricultural projects manager Timbercorp say they have not yet determined if the company’s forestry projects are still viable, or insolvent like its olive and almonds projects.
Timbercorp was placed in administration in April, with liabilities estimated at the time of $930 million.
Mark Korda of administrator KordaMentha said on Thursday that full financial [...]

29 May

Australia and US try to change olive oil standards

The Australian olive oil industry is teaming up with the United States to develop a new set of international olive oil standards.
Dr Rodney Mailer, from the Australian Oils Research Laboratory, says the European International Olive Council’s standards are too restrictive and treat unique aspects of Australian oils as negative traits.
He says Australian producers shouldn’t be [...]

21 May

Australian Olive industry says MIS collapses won’t hold it back

The Australian Olive Association says the demise of orchard managers Timbercorp and Great Southern does not spell the end of the olive industry.
Managed investment schemes account for the majority of Australian olive production, and sparked the industry’s rapid growth over the past decade.
The Olive Association’s Paul Miller says the industry is now big enough to [...]

16 May

Back to Business for Timbercorp Olives

By Sandra Godwin,
The Boundary Bend olive harvest was under way this week after a halt caused by Timbercorp’s financial woes.
After a three-day shutdown, workers at Timbercorp olive groves at Boort and Boundary Bend got back to the business of harvesting olives last week.
The harvest ground to a halt earlier in the week as Timbercorp administrator [...]

09 May

Australia: Timbercorp olives sold to harvester

By Rachel Hewitt,

The harvesting of Timbercorp’s giant olive crop will resume this morning after the company struck a $15 million deal to sell the fruit to its harvester.
The fate of this year’s crop - at two olive groves in northern Victoria - was uncertain after the company’s April 23 collapse.
The harvest must be completed in [...]

08 May

Bottler year for WA’s olive oil industry

Olive oil production in WA is set to reach a record 2500 tonnes this year, with an increase in backyard growers keen to produce the golden oil.
Producers are bottling the 2009 “vintage” and have said there are not enough presses to cope with supply from growers.
Rises in production are being attributed to the tendency for [...]

28 Apr

Australia: Timbercorp olive harvest goes ahead

Harvesting is going ahead at one of the largest olive groves in the world, owned by Timbercorp.
The grove, at Boort in central Central Victoria, is one of the properties the company had trouble selling, before placing itself into voluntary administration.
Will Pattison, who works as a contract harvester at the grove, says it makes sense to [...]

20 Apr

Olives NZ step downs welcomed

By Blair Ensor,

The New Zealand olive oil industry’s governing body has imploded in the wake of a controversial choice for the nation’s best-in-show olive oil award.
Four executive members of Olives New Zealand, including the president, have resigned in the fallout from a meeting held to thrash out concerns surrounding the awards.
The body represents more than [...]

05 Apr

Australia: Good oil goes big at Boort

By Sandra Godwin,
ONE of the world’s biggest single-site olive groves opened the gates to visitors last week to celebrate being named Olive Grower of the Year.
Timbercorp’s 2777ha grove at Boort, managed by Boundary Bend Estate, was recognised by the Australian Olive Association for pioneering the production of quality olive oil on a large [...]

02 Apr

Olive Leaf Australia extracting healthy growth

By Alex Tilbury,
There’s an olive grove in Coominya, near Wivenhoe Dam, with 550,000 trees in it producing an Olive Leaf Extract that’s a global hot seller, in Australia alone, $1 million in product is sold every month.
A powerful antioxidant, 400 % more potent than vitamin C, the extract has many benefits for health and wellbeing, [...]

24 Mar

Bumper olive harvest expected in Western Australia

The Department of Food and Agriculture is predicting this year’s olive harvest will be one of the best in years.
Harvesting near Dongara began at the weekend and will move further south to Gingin before wrapping up around June and July.
The department’s Dick Taylor says production is expected to rise by 3,000 tonnes to 15,000 tonnes [...]

18 Mar

NZ: CRI denies involvement in olive oil judging scandal

By Allan Swann,
Plant & Food Research is distancing itself from a recent Olives NZ judging scandal, claiming its involvement had nothing to do the outcome that saw head judge Margaret Edwards award her own oil first place.
Plant and Food Research, formerly HortResearch, provided venues, equipment and logistics for the event, but spokesman Roger Bourne tells [...]

12 Mar

Slippery problem for New Zealand olive grower

Olive oil producers are concerned that one of the gold medal winning oils in last year’s Olives New Zealand Awards is produced by one of the judges.
Marlborough olive grower Mark Heard says there is a lot to be gained by winning an award as it makes a product more attractive to stockists. He has tried [...]

08 Mar

Olive oil to show country of origin

By Zoë Casey,
All olive oils, from Spain’s golden nutty olive oils to Italy’s dark green grassy-flavoured olive oils, will be labelled with their country of origin from 1 July 2009, the European Commission said today.
Currently, olive oils are labelled with their country of origin on a voluntary basis, but Mariann Fischer Boel, the European commissioner [...]