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Australia’s Food and Grocery Manufacturing Facing ‘Extinction’: Peak Body

The Australian Food and Grocery Council said local producers were under pressure from declining profit margin and capital investment and product offshoring.
Australia’s Food and Grocery Manufacturing Facing ‘Extinction’: Peak Body
A farmer checks his strawberries in Queensland, Australia, on Sept. 20, 2018. Patrick Hamilton/AFP via Getty Images
Alfred Bui
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A peak industry body has revealed that Australia’s food and grocery manufacturing sector is heading toward “extinction” amid challenging economic and market conditions.

During a recent Senate hearing, Australian Food and Grocery Council CEO Tanya Barden painted a bleak picture of the local industry.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].