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Gina Rinehart is The Australian Financial Review’s Business Person of the Year for 2023.

What we can all learn from Blind Freddie

We need policy that helps Australians. We need policies that make investment in our country worth doing.

  • Gina Rinehart
Elders chief executive Mark Allison was rehired in the top job in June.

Agribusiness group Elders lashed over botched CEO succession

Elders had a big 63 per cent protest vote against its pay practices, after Mark Allison stayed on as CEO with higher pay seven months after signalling an exit.

  • Simon Evans

Rinehart to claim Australia’s truffle farming crown

Australia’s iron ore and cattle queen, Gina Rinehart, is well on her way to becoming the biggest truffle grower, and is looking to add the delicacy to menus that already feature her wagyu beef.

  • Brad Thompson
Josh Niland is one chef Murray Cod Australia has engaged for marketing.

Murray Cod Australia throws out a line to hook $400m fund

That would dwarf the company’s current market capitalisation of about $107 million and be used to fund infrastructure development and holding water rights.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Brownes Dairy CEO Natalie Sarich-Dayton says the group is headed for $245 million in revenue in calendar 2023.

Brownes Dairy aims to dislodge Babybel’s iron grip in cheese snacks

The company, which has been owned by Chinese investors for the past six years, is on track to generate overall revenues of $245 million this year.

  • Simon Evans
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Peter Fox keeps a close eye on his vertical planting system.

Urban farmer makes use of vacant CBD space

Short-term leases are not an issue for this modular agriculture start-up.

  • Richard Cornish
There is something about owning a big cattle station, or producing lots of steaks, that appeals to billionaires.

AACo made manager a whistleblower, then retrenched him a month later

Beef giant AACo maintains the job loss was simply due to a restructure. But a dispute has emerged about the timing.

  • Liam Walsh

November

GrainCorp boss Robert Spurway.

Biofuels finally give GrainCorp an in to Western Australia

Robert Spurway says there’s a compelling case for new oilseed crushing capacity in the company’s biggest move since it spun-off its global malting division.

  • Brad Thompson
AACo says underlying earnings were squeezed in a tough market.

AACo maintains workplace is ‘respectful’ amid bully claims

The beef giant, whose shareholders include billionaires Andrew Forrest and Joe Lewis, says it is focused on making the beef giant a “great place” to work.

  • Liam Walsh
GrainCorp boss Robert Spurway is doing the capital allocation dance with investors.

What investors want that GrainCorp doesn’t want to give

A few good years and a spin-off helped GrainCorp build a hefty war chest. Chief executive Robert Spurway wants to invest, but hasn’t forgotten about shareholders.

  • Anthony Macdonald
GrainCorp boss Robert Spurway.

GrainCorp to pay special dividend, buy back shares

Undaunted by the onset of El Nino, GrainCorp will pay a special dividend and buy back shares as it looks to Western Australia for a big agri-energy investment.

  • Brad Thompson
Elders CEO Mark Allison says the agribusiness group runs a resilient business.

Elders shares jump as CEO says it is no ‘one-trick pony’

The agribusiness group was still able to deliver its second-highest profit in 10 years despite slowing fertiliser sales and interest rate rises.

  • Simon Evans
AACo makes premium Westholme wagyu, but concerns were raised about culture on one of its stations.

‘Alpha’ culture: AACo bullying, homophobia claims raised

Australia’s beef giant proclaims to investors it wants an inclusive environment. But concerns have been raised about culture and safety processes.

  • Liam Walsh
AACo herds were uninsured when flood struck, killing 43,000 head.

AACo’s golden director insurance cover unveiled

A leaked proposal shows D&O cover was the most expensive item on an insurance shopping list for the cattle giant, which has not paid dividends for 15 years.

  • Liam Walsh
John Kahlbetzer snr playing at family Polo grounds at Jemalong in 1993.

John Kahlbetzer, from oil rigs to the Rich List, dies

German-born Kahlbetzer worked in the fossil fuel industry after arriving in Australia in his early 20s before his entrepreneurial flair built a vast fortune.

  • Updated
  • Brad Thompson
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Farmer Alasdair MacLeod is promoting the agriculture sector’s contribution to reducing carbon emissions

The farm revolution that can help reduce emissions

Agriculture is receiving attention as part of the new fervour for valuing “natural capital”, but not enough focus has been on how to keep farmland productive while cutting emissions.

  • Jennifer Hewett
Related parties: Solomon Lew and David Paradice.

10 long reads for the weekend

Welcome to the weekend. To start off your day, we’ve curated 10 great reads to enjoy.

Tim Ford is the chief executive of Treasury Wine Estates.

Treasury’s Tim Ford strikes the $1.6b deal of his life

It took six months to buy Daou Vineyards. Shareholders will judge the wine CEO’s tenure by how well he can turn the business into a brand like Penfolds.

  • Simon Evans
Daou Vineyards founders Daniel and Georges Daou.

Inside Treasury’s $1.6b punt on the next Penfolds – in California

Georges Daou left tech and founded Daou Vineyards with his brother Daniel. Now Australia’s largest winemaker wants to take their products to the world.

  • Simon Evans

October

Treasury Wines boss Tim Ford is going all out on US luxury wine.

Treasury Wine in $1.6b bet on California’s Daou Vineyards

CEO Tim Ford wants to turn the Californian luxury brand Daou Vineyards into a global player like Penfolds.

  • Updated
  • Simon Evans