Olive Oil News

Olea Australis Limited has sold its flagship oil business Dandaragan to investment scheme giant Great Southern Limited for $18.75 million.

The Mediterranean comes to the historic Bendigo Pottery over two days in March 2008 with the inaugural Bendigo Olive Fiesta.

Australia’s olive industry got a funding boost of $385,000 from the Australian Government to assist it in producing and promoting high quality olive oil.

Australia is still lobbying the International Oil Council (IOC) to broaden its standards for the chemical composition of olive oil to cover those grown in environments beyond the Mediterranean region.

Australian olive oil exports to the US still lead the way but inroads are being made in traditional oil markets and prospects are good in emerging economies according to Austrade’s expert, Tim Harcourt.

Olio Bello confirmed its reputation as one of Australia’s emerging leaders in the production of organic extra virgin olive oil by receiving medals for all of its entries at the recent 2007 Perth Royal Show.

A small estate of 1000 trees, Talumberi Olives, won the Best Commercial Oil of Show award in the 2007 Hunter Olive Association’s Olive Show, having lodged entries for the first time this year.

The Hunter Olive Association staged the 2007 Hunter Valley Extra Virgin Olive Oil and Table Fruit Show during September.