for more than $70 million from the Manera family’s Macadamia Enterprises.
According to its website, Macadamias Australia is “the largest family owned, vertically integrated macadamia business in the world”. This includes the Happy Nut retail business that the Steinhardt’s eldest son, Trevor, will own and operate, as well as Macadamias Australia’s tourism business, cafe and Farmfresh Fine Foods vegetable processing facility that their daughter Janelle and her husband Andrew Gerry will own and operate.
Although macadamia nut prices crashed last year amid a COVID-19-induced glut – falling to about $3 a kilogram for nuts in shell, after peaking at almost $7 in 2020 – investors are confident the price will recover over the coming years given rising global demand for the versatile and healthy snack food, and the development of more productive tree types.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Climate policies ‘impoverish a country’: Chalmers’ dream to reinvent capitalismSky News host Rowan Dean says climate policies will “end up impoverishing” Australia amid Treasurer Jim Chalmers saying he will “remake capitalism”. “Very dangerous warning signs in what Chalmers is announcing,” Mr Deans said. “He’s going to include a new taxonomy to label the climate impact on different investments – this so called ESG. “The other thing they’re going to look at … climate credit scheme where you don’t look at the credit rating on something, you look at its climate rating. “We’ve seen it in New Zealand under Ardern, complete failure there – these policies always end up impoverishing a country.” But will we just keep sitting back and letting them? and why? They have taken sooo many of our rights and freedom over the last 25 years but we say nothing... Jim’s spent a little too much time with the Davos crowd Qualified Economists can’t and wouldn’t recommend remaking capitalism, and here we have Jimbo with his political science qualifications thinking how hard can this be? Lets have a try at socialism and see how that goes…Genius!
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Auckland flood: Evacuations, roads blocked and events cancelled on wettest day on recordAccording to New Zealand's MetService, 27 January was the city's wettest day on record.
Source: SBSNews - 🏆 3. / 89 Read more »
Russia-Ukraine war at a glance: what we know on day 340 of the invasionEU president says Ukraine has unconditional support ahead of summit; Russian strike kills three people in a residential district of eastern Ukraine It's not what you know, it's what you have been told. RussianWarCriminals GenocideOfUkrainians RussiaIsATerroristState Remember when U.S. RW extremists demanded free speech, hated Communism (i.e. Stalinism), dictatorships, the elites & corruption? Was it only a year ago? Now they're worshipping Putin? Talk about Golden Calves!
Source: GuardianAus - 🏆 1. / 98 Read more »
‘Consistency is the most difficult thing’: Jürgen Klopp cautions Liverpool’s rivalsJürgen Klopp is intrigued to see how league rivals ‘deal with little drops’ beforeLiverpool visit Brighton in the FA Cup on Sunday
Source: GuardianAus - 🏆 1. / 98 Read more »
Two people dead and two missing as rain pounds AucklandNew Zealand's new prime minister, Chris Hipkins, warns Aucklanders to brace for further rain after record falls pounded the country's largest city, causing widespread disruption. 3377 UK died in one week. Nothing from ABC But Labor 'experts' told us no rain, ever? The weather in Australia and now NZ has been atrocious 🥺
Source: abcnews - 🏆 5. / 83 Read more »
Dutch great claims ninth straight major title with Australian Open triumphDiede de Groot adds yet another Australian Open women's wheelchair tennis singles championship to her tally, as she continues to build on her outstanding record at the majors.
Source: abcnews - 🏆 5. / 83 Read more »