Tag: murray goulburn

Co-operatives continue to remain resilient in uncertain economic times

Co-operatives continue to remain resilient in uncertain economic times

By on October 14, 2016 in News with 0 Comments

The world’s largest 300 co-operatives and mutuals have grown their turnover by 7.20% to USD $2.53tn (2,533.1bn), according to the 2016 edition of the World Co-operative Monitor (WCM). The findings were presented at the International Summit of Cooperatives in Québec. Three Australian co-operatives and BCCM members are again listed in the monitor: CBH Group (147), […]




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Murray Goulburn debate down to markets not business structure

Murray Goulburn debate down to markets not business structure

By on July 20, 2016 in BCCM in the News, Editor's Pick, News with 0 Comments

THE reporting of Murray Goulburn’s troubles has become an impenetrable fog of fact, fiction and opinion. What started as a sharp reduction in farmgate prices for the co-operative’s dairy farmer suppliers has snowballed into an ASIC investigation, a class action brought by plaintiff law firm Slater and Gordon, and a general attack on co-operatives and […]




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Murray Goulburn secures lucrative cheese contract

Murray Goulburn secures lucrative cheese contract

By on February 2, 2016 in Editor's Pick, News with 0 Comments

Murray Goulburn (MG) has secured a five-year national private label contract to supply Coles brand Australian cheese. This is part of MG’s ongoing push to secure critical mass in the important Australian dairy foods market which will underpin and support the company’s growth plans The announcement of the Coles cheese contract follows MG’s the landmark, ten-year […]




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ASX debutante offers a co-operative sweetener

ASX debutante offers a co-operative sweetener

By on May 12, 2015 in Editor's Pick, Media Releases, News with 0 Comments

Murray Goulburn have announced that their members have voted in favour of adopting a new capital structure allowing the co-operative list a unit on the Australian Securities Exchange (ASX). The structure will see 100 percent farmer control of the co-operative maintained but allow external investors to invest in MG via a unit trust to listed on the […]




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Murray Goulburn sets its sights on Asian market

By on April 16, 2015 in Editor's Pick, News with 0 Comments

Murray Goulburn, a BCCM member, has announced plans to hold a meeting where members will have the opportunity to vote on a capital restructure proposal that includes listing a unit trust on the Australian Securities Exchange. This follows interest by the co-operative to enter the growing Asian market and increased investor appetite for a dairy business on Asia’s […]




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Agriculture co-operatives continue to grow

Agriculture co-operatives continue to grow

By on April 15, 2015 in Editor's Pick, News with 0 Comments

With the release of IBISWorld’s 2014 Top 1000 Companies list last month, numerous agriculture co-operatives have increased their ranking in the influential list. Murray Goulburn, a BCCM member, has shot up 28 places at 130th, up from 158th spot last year. The New Zealand co-operative Fonterra, is at 16th place in the list. This compares to other well-known […]




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BCCM features in draft competition review

BCCM features in draft competition review

By on October 20, 2014 in Editor's Pick, News with 0 Comments

The draft report into competition policy (Harper Review) has provided further evidence that by working together as a broad based mutual sector, the co-operative and mutual sector can have an impact on policy discourse with significant implications for the sector in terms of new markets and opportunities. Citing the findings of the BCCM’s White Paper […]




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Murray Goulburn and the changing dairy landscape

Murray Goulburn and the changing dairy landscape

By on August 13, 2014 in Editor's Pick, News with 0 Comments

Murray Goulburn and the changing Australian dairy industry have been featured in an editorial in BusinessDay: Murray Goulburn tackles changing dairy landscape, 3 August 2014 The piece focusses on issues of competition, highlighted by Murray Goulburn’s bid for Warnambool Cheese and Butter in 2013, which has prompted debate on competition law. Murray Goulburn boss Gary […]




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Murray Goulburn invests $14m in Tas

Murray Goulburn invests $14m in Tas

By on June 26, 2014 in Editor's Pick, News with 0 Comments

Murray Goulburn will invest $14 million to create new packaging capability at the company’s Edith Creek manufacturing site in north-west Tasmania.  The investment will allow the Edith Creek site to develop a range of dairy beverages catered to the Asian market. MG managing director Gary Helou said the technology was the first of its kind […]




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Murray Goulburn partial-float plan draws interest

Murray Goulburn partial-float plan draws interest

By on June 26, 2014 in Editor's Pick, News with 0 Comments

Australia’s biggest dairy exporter Murray Goulburn has already fielded an approach from a private equity firm looking to snap up the co-operative’s entire $500 million partial float that it is crafting with farmers. Read the full article from Business Day, The Age, Equity firms are keen to get in on Murray Goulburn float, June 25 […]




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