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- (-) January 2025
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According to Australian law, the excise duty rates levied on alcohol are subject to biannual indexation, with adjustments made in accordance with the upward trajectory of the Consumer Price Index (CPI).
Australian wheat and barley producers faced challenges during difficult seasonal conditions in most major production regions.
Early seasonal conditions for the MY 2024/25 citrus crop have been very favorable. Along with expansion in production area, growers anticipate an improvement in production and the prospect of high-quality fruit production. Orange production is expected to increase five percent to 545,000 metric tons (MT) from the prior’s year estimate, the highest over the last two decades.
Post forecasts Australian 2018/2019 wheat production at 18 million metric tons (MMT) as hot conditions and low rainfall prevail in eastern Australia. Barley production is forecast to decline....
Milk production is forecast at 9.5 million metric tons in 2019, down 1.6 percent from last year due to unfavorable seasonal conditions in dairy producing regions.
Australia’s commercial foodservice sector (i.e., full-service restaurants, fast food outlets, caterers, etc.) is a competitive market and with an ageing population, the institutional foodservice....
Australian sugar cane production is forecast to be stable at 34 million metric tons (MMT) in 2018/19, similar to last year.