Archive for the 'Australia | NZ' Category

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 […]

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 […]

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 […]

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 […]

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 […]