28 Aug

Comvita to issue shares for olive buy

Comvita plans to issue a $8-$12 million share placement to cover the $23 million purchase of Olive Products Australia Pty, a grower and manufacturer of complementary medical products. Olive Products, based near Brisbane, has developed a system to extract active compounds from olive tree leaves for use in therapeutic products. The business includes a 500,000 […]

15 Aug

Loddon Shire in central Victoria is reaping the benefits of a booming olive industry.

A small business which manufactures olive harvesters has moved from Queensland to Boort. The council is helping it find a new location, so it can expand to cater for growth in the olive industry nationwide and overseas. Loddon council chief executive John McLinden says there are extensive plantings in the Boort area and olive oil […]

23 Jul

200 years old heritage trees lost

By Kerry Coleman, In 1820, a grove of olive trees was planted in Cranebrook by the wife of infamous convict Samuel Terry. Last week, Penrith council chopped down all of the nearly 200-year-old heritage-listed trees. Elderly Cranebrook resident Shirley Tesoriero was very fond of the trees that sat off Soling Crescent, near Boundary Road. “I’d […]

06 Jul

Cable Bay extra virgin olive oil simply the best

Already known for their award-winning wines, Waiheke Island’s Cable Bay Vineyards have now scooped an international plaudit for their extra virgin olive oil. Competing against olive oils from all over the world – including traditional Mediterranean olive-growing countries such as Greece, Italy, Spain and Portugal – Cable Bay’s 2006 Extra Virgin Olive Oil won a […]

27 Jun

Cold snap hurts Tasmanian olive harvest

Tasmanian olive oil producers are struggling to meet demand this year, with a cold snap cutting yields. Widespread frosts have been reported, with some areas recording a record run of frosty nights. While harvest is not over, early expectation have oil yields down by half in some areas. Producer Anne Ashbolt says drought stressed trees […]