31 JANUARY 2025

Today's top story

Are megadroughts upon us?

Image: kristianbell/Getty Images.


International researchers monitoring climate change say persistent multiyear drought events – sometimes called megadroughts – pose a growing threat to nature and humans.

Australia

Olive industry represented among 2025 Rural Women's Acceleration Grant recipients

Image: Ceilidh speaks at the 2024 National Olive Industry Conference in Bendigo.


The 2025 Rural Women’s Acceleration Grant recipients have been announced, providing them with the chance to create impact within rural and emerging industries and communities.


Among them is Ceilidh Meo from Apulia Grove Olives, a successful small-scale, mixed farming enterprise in central Victoria. Her current passion is to lead the formation of a democratically designed, producer co-operative for small-scale olive growers.

Future Drought Fund Investment Strategy released


The Federal Government has released its Future Drought Fund Investment Strategy - a roadmap for drought resilient farms, landscapes and communities.


The Department of Agriculture, Fisheries and Forestry says the plan shows how Future Drought Fund objectives will be achieved and makes drought resilience programs and activities accessible to stakeholders.

NBN upgrade promised to improve speeds, but some potential customers have already turned to satellite

Image: Starlink satellite trains seen in the night sky.(Reuters: Ritzau Scanpix/Mads Claus Rasmussen)


Federal Labor has promised a $3 billion upgrade to hundreds of thousands of NBN connections to improve speeds, while new rival satellite internet companies are expected to bring networks online in the coming years. 


Since launching in Australia in 2021, Elon Musk's Starlink satellite internet service has become an indispensable part of the national telecoms network. The company claims it has about 200,000 customers in Australia, with some rural and regional customers saying they are fed up with slow speeds on the NBN.


Securing a reliable internet service is not a new challenge for people living in rural and remote areas, and for many more working in agriculture. How is the service in your neck of the woods?

Small businesses brace for higher costs but hope for interest rate cuts

Australian small to medium enterprises expect the cost of doing business to rise this year, with stubborn inflation and a tight jobs market.


A NAB survey found 22 per cent of businesses expect to see profitability decrease over the next year.


The ABC is also reporting that inflation on essential goods and services is easing somewhat as prices on things like fuel and and electricity fall. Read more about how the chance of a Reserve Bank interest cut on 18 February could be on the cards.

Meeting the challenges facing Australia’s food supply chain essential to food security and export industries

A major report into the food supply chain workforce has found it to be essential but facing challenges, including issues specific to regional, rural and remote Australia and the availability of accessible education and training. 



The Jobs and Skills Australia (JSA) report, An Essential Ingredient – The Food Supply Chain Workforce, makes 41 recommendations in relation to the workforce needs of Australia’s food production, manufacturing, transport and distribution industries and identifies key opportunities to improve outcomes for students, workers and employers. It also looks at the critical role of Australia’s veterinary and biosecurity workforces. 

Fears chemical spray drift is affecting trees, but proving it is complicated

Evergreen trees should keep their leaves all year round, but hat's not happening on Harry Barclay's farm. He suspects a chemical sprayed on nearby crops is to blame, but getting proof is more difficult than you'd expect.


An independent environmental consultant believes a national chemical register could held track the purchase and use of agricultural chemicals.


Got something to sell? Looking to buy?

OliveBiz will take you straight to your target market!


If you’ve got something industry-related to sell, you can reach your target market directly with Olivebiz Classifieds. Our online Classifieds service is an easy and inexpensive solution to advertising your unwanted equipment. And if there’s something you’re looking for, it’s the ideal way to get the message out loud and clear to your peers and industry associates – the most likely to have what you need.


Olivebiz Classifieds cost just $40 for AOA members ($100 for non-members), including a text ad and link through to either your web page or images hosted on our site. And you don’t need to be a tech-head: just send us your info and we’ll post it up for you.


Olivebiz Classifieds are online now at www.olivebiz.com.au/classifieds.


Contact Laura at comms@australianolives.com.au to organise your listing.

Australian Agricultural Projects anticipates boost in olive oil production


Olive orchard cultivator and manager, Australian Agricultural Projects Ltd, is looking forward to an increase in oil production in 2025, thanks to favourable conditions and full orchard production.


Production estimates range from 750,000 to 825,000 litres - a significant rise on the previous year.


Fantastic to read positive news like this after a couple of pretty tough years for our industry and low supplies of Australian EVOO in 2024. Fingers crossed many other growers are in the same boat!


International

Climate extremes in 2024 "wreaking havoc" on global water cycle


The 2024 year was another period of record-breaking temperatures, driving the global water cycle to new climate extremes and contributing to ferocious floods and crippling droughts, a new report led by The Australian National University shows. 

Olive farming in Crete hit hard by EU policies. SEDIK calls for change


Olive cultivation, a cornerstone of Crete’s economy, has suffered significant setbacks in recent years.


According to the Association of Cretan Olive Growing Municipalities (SEDIK), recent European agricultural policies are to blame.

Harvard study: Olive oil could boost your brain health

When it comes to enhancing brain health and reducing the risk of dementia, one kitchen staple consistently rises to the top: olive oil.


We could talk all day about the health benefits of the humble olive! Read on to find out how olive oil is becoming more widely recognised as a brain-boosting powerhouse.

Bidni olive oil, a one-of-a-kind product from Malta

Image: Michelin Guide


You are not alone if you have never heard of the Bidni olive. After all, this small elliptical fruit only grows on the Maltese islands.


Moreover, Bidni olive oil production is very limited. But once you have tasted it, its unique spicy and fruity flavour, rich buttery texture and peppery finish are likely to leave a lasting impression.


Olive oil: Surprises from official data, region by region


An update on Italian oil production, based on Sian official data, confirms initial estimates of an extremely difficult campaign..


Italy will produce 240,000 tons, 90,000 less than last year.

Olive oil market to reach USD $18.01B by 2031


Data Bridge Market Research has analysed that the global olive oil market size was valued at USD $12.47 billion in 2023 and is projected to reach USD $18.01 billion by 2031.


A CAGR of 4.7% is projected during the forecast period.


Send us YOUR news!

Friday Olive Extracts is back for 2025, bringing the latest industry news and events direct to your inbox each week.


As THE place to share olive industry news, event details and reminders, our industry e-newsletter keeps growing in popularity and we now have nearly 3,000 subscribers across the globe. If you’re not one of them, why not? Sign up here!


And please remember this is YOUR e-newsletter and we’re keen to receive your news and help spread the word. Just email Laura at comms@australianolives.com.au - it’s free and the best way to reach your fellow industry members!

The ancient olive trees of Milas: EU registration highlights high quality of products

Image: The ancient olive trees of Milas, Türkiye. European Union, 2025.


Olive cultivation is an important agricultural production activity in Türkiye.


Of the 30 Turkish product recognised by the European Union (EU) to date, three are olive oils and two are table olives.


2025

 

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