Our latest insights

The landscape of fuel tax credits (FTC) is constantly evolving due to ongoing economic and technological developments. This dynamic environment presents both challenges and opportunities for businesses with significant fuel consumption.

Despite a 14% global decline in Agribusiness, Food, and Beverage M&A deals, 2024 shows promise with expected global interest rate stabilisation. Given the sector's role in global sustainability, businesses can tap into opportunities in food manufacturing and waste minimisation.

Driven by consumer demand, Australia's food and beverage manufacturing sector has seen a rise in health-focused businesses. Despite market growth, challenges like supply disruptions persist, leading to notable insolvencies in 2023. We've observed a notable increase in interest from over 100 potential acquirers for brands aligned with healthier products. But timing is critical for struggling businesses – early intervention and strategic planning are key.

The Federal Court has recently ruled in Simplot Australia Pty Ltd v Commissioner of Taxation [2023] FCA 1115 that certain frozen food products are not GST-free on the basis they are prepared meals, which is a decision that may have huge ramifications for the industry.

Over the past 18 months, we have seen a consistent level of deal activity despite significant headwinds which have impacted the Agribusiness, Food & Beverage (Ag, F&B) sector and the broader economy. Through our analysis of 1,466 global transactions for the Ag, F&B sector in the 18-month period to December 2022, transaction multiples have remained strong – a pleasing result for businesses undertaking divestment activity.

With the Australia-India Economic Cooperation and Trade Agreement passing through Federal Parliament of Australia last week, now's the ideal time to assess your India strategy. What are the key opportunities your Agribusiness, Food & Beverage business can explore as part of your India strategy? Find out more about areas of opportunity you can leverage.

The Fair Work Ombudsman (FWO) has announced its strategic priorities for 2022-23 including where audit and enforcement activities will be undertaken in relation to wage underpayments.

Despite numerous lockdowns throughout the COVID-19 pandemic, the essential nature of the Agribusiness, Food & Beverage sector has seen diversification and growth opportunities for many of the market participants.

NSW continues to heavily invest in its Economic Recovery Strategy in an effort to boost the economy.

NSW Economic Recovery Strategy for SMEs includes new grants for loss of perishable stock and rebate extension

JBS Foods International is the largest meatpacking company in the world – but also in Australia. Operating 47 sites across the country, some sub-brands you might recognise include Primo and Hans.

Doubling the value of food & beverage manufacturing in Australia by 2030 is absolutely achievable. We have a number of advantages that make this possible.