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Weekly Business News – Australia

Lynch Group, one of Australia's largest flower companies, has announced its decision to exit the potted plant farm sector, including its Queensland orchid site that was significantly impacted by ex-Tropical Cyclone (TC) Alfred earlier this year.

Sara Jones by Sara Jones
April 6, 2025
in Business, Markets, News
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Key Developments in Business and Industry This Week
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United Airlines Launches First-Ever Direct Flights Between Adelaide and San Francisco

United Airlines has officially launched its first-ever direct flights between Adelaide, South Australia, and San Francisco, marking a significant milestone for both the airline and the local community. The inaugural flight took off from Adelaide Airport on April 5, 2025, offering a direct, non-stop route to one of the United States’ most iconic cities.

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The new service will operate three times a week, connecting passengers to San Francisco’s bustling tech hub, renowned landmarks, and easy access to popular destinations like Napa Valley and Silicon Valley. United’s new route is a part of the airline’s broader strategy to enhance its international network and strengthen ties between Australia and the U.S.

United Airlines announces Adelaide to San Francisco flights | The Advertiser

Adelaide, known for its festivals, vineyards, and coastal beauty, is expected to benefit from the direct connection, making travel more convenient for tourists and business travelers alike. The new flight also provides greater access for Australian travelers looking to explore the U.S. West Coast and beyond.

United’s new service will be operated by a Boeing 787-9 Dreamliner, offering passengers a comfortable and efficient travel experience. The direct flights are expected to boost tourism and economic ties between South Australia and the U.S., paving the way for more global connectivity.

Flower Company Lynch Group to Exit Potted Farms, Including Queensland Orchid Site Damaged by Ex-TC Alfred

Lynch Group, one of Australia’s largest flower companies, has announced its decision to exit the potted plant farm sector, including its Queensland orchid site that was significantly impacted by ex-Tropical Cyclone (TC) Alfred earlier this year. The company cited strategic realignment and a shift in focus towards other areas of its business as the main reasons for the decision.

The Queensland orchid farm, located in the state’s north, suffered extensive damage following the passage of TC Alfred, which caused widespread flooding and infrastructure damage. While the company had been in recovery mode, Lynch Group’s decision to divest its potted farms, including the cyclone-affected orchid site, marks a clear pivot to consolidating operations and streamlining its resources.

Flower company Lynch Group to exit potted farms at $12m cost

Lynch Group’s exit from potted farming will involve the sale of several properties and operations, with the company planning to focus on cut flowers and other product lines that align more closely with its long-term business goals.

The decision comes amidst broader industry challenges, including rising production costs and climate-related risks. However, Lynch Group remains committed to maintaining its leadership in the Australian floral industry, ensuring its continued growth and sustainability in an increasingly competitive market.

Medicinal Cannabis Study Backed by Insurer HIF and LGP Delivers “Clinically Meaningful Improvements”

A groundbreaking study into the efficacy of medicinal cannabis has revealed “clinically meaningful improvements” in patient outcomes, thanks to backing from Health Insurance Fund (HIF) and cannabis producer Little Green Pharma (LGP). The study, which focused on the use of medicinal cannabis for managing chronic pain and other health conditions, found that patients reported significant reductions in symptoms and improvements in quality of life.

The research, which is part of an ongoing collaboration between HIF and LGP, involved a diverse group of participants who had not found relief through traditional treatments. The results showed that patients using medicinal cannabis experienced notable decreases in pain intensity, anxiety, and sleep disturbances, which are common in chronic pain conditions.

MedReleaf Australia acquired by Aurora Cannabis

HIF’s support of the study highlights its commitment to exploring alternative therapies and expanding treatment options for its members. LGP, a leading Australian producer of medicinal cannabis, provided the necessary product supply for the trial, which also emphasized the safety and tolerability of cannabis-based treatments.

This study represents a significant step forward in the acceptance of medicinal cannabis as a legitimate therapeutic option in Australia, potentially paving the way for wider insurance coverage and greater patient access in the future.

Ansell to Fully Offset Tariffs with Higher Pricing

Global protective solutions company Ansell has announced plans to fully offset the impact of rising tariffs by implementing higher pricing across its product range. The move comes as the company grapples with increased costs due to tariffs imposed on raw materials and goods imported from certain regions.

Ansell, known for its wide array of safety and medical products, including gloves and protective clothing, stated that the price hikes would help maintain profitability while continuing to deliver high-quality products to customers. The company emphasized that the decision was necessary to ensure its ability to absorb the additional financial burden resulting from tariff increases.

Ansell to fully offset tariffs with higher pricing

The pricing adjustments will vary by region and product line, with the company working to minimize the impact on customers while balancing the need for sustainable business operations. Ansell’s decision comes as part of its broader strategy to adapt to ongoing global trade challenges and supply chain disruptions that have affected many industries worldwide.

Despite the price increases, Ansell assured its clients and stakeholders that it remains committed to its mission of providing safety solutions and supporting industries that rely on its products. The company expects these pricing changes to help mitigate the financial effects of the tariffs and safeguard its market position moving forward.

Urban Thriller Starring Owen Wilson and Alan Ritchson to Pump $20M into Queensland Economy

An upcoming urban thriller starring Owen Wilson and Alan Ritchson is set to inject a significant boost into Queensland’s economy, with an estimated $20 million in production spending. The highly anticipated film, which is currently in production, is expected to bring numerous benefits to the local industry, including job creation, tourism promotion, and the engagement of local talent and crew.

The movie, which is being filmed in various Queensland locations, will showcase the state’s diverse urban landscapes while weaving a gripping narrative. The involvement of Hollywood stars Wilson and Ritchson is expected to draw international attention, further elevating Queensland’s reputation as a prime destination for film production.

Urban thriller Runner to pump $20m into Qld economy

Queensland’s film and television industry has seen substantial growth in recent years, and this new project is another testament to the region’s increasing appeal to major productions. The state government has been a strong supporter of the local screen industry, offering incentives that have helped secure high-profile films and television series.

In addition to the direct economic boost, the film’s production will also highlight Queensland’s vibrant culture and stunning locations, attracting future tourism and fostering long-term economic benefits for the region.

Tags: AdelaideAlan Ritchsoand San Franciscobusiness newsBusiness updatesFlower Company Lynch Group to Exit Potted FarmsHIFIncluding Queensland Orchid Site Damaged by Ex-TC AlfredLGPMedicinal CannabisOwen WilsonSan FranciscoSan Francisco newsSan Francisco updatesSouth Australiatech newstech storyUnited Airlines
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Sara Jones

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