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Weekly Business News – Australia

Australian beef exports have surged into key international markets, notably China and the United States, amid shifting global trade dynamics and heightened geopolitical tensions.

Sara Jones by Sara Jones
May 11, 2025
in Business, Markets, News, Technology
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Key Developments in Business and Industry This Week
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Double-Digit Sales Growth at BCF Boosts Momentum for Super Retail Group

Super Retail Group has reported a significant surge in sales at its Boating, Camping, and Fishing (BCF) division, marking a 9.1% increase in the first half of the 2025 financial year. This performance is attributed to heightened demand for camping gear and water sports equipment, particularly during the Easter period. The growth at BCF has been a bright spot amid broader challenges faced by the group, including rising operational costs and margin pressures.

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Super Retail Group's sales increase in second half - retailbiz

Despite these challenges, Super Retail Group achieved a 4% increase in total sales to $2.1 billion for the half-year, with like-for-like sales growing by 1.8%. The group’s gross margin decreased by 70 basis points to 45.6%, reflecting the impact of inflation and increased business costs. Net profit after tax stood at $129.8 million, a decline from the previous period.

The strong performance of BCF underscores its role as a key growth driver within Super Retail Group’s portfolio.Looking ahead, the company remains focused on managing costs effectively while investing in future growth opportunities. The positive momentum at BCF provides a solid foundation for the group as it navigates the challenges of the retail landscape.

Australian Beef Surges into China and United States During Trade War

Australian beef exports have surged into key international markets, notably China and the United States, amid shifting global trade dynamics and heightened geopolitical tensions. As trade barriers and tariffs impact traditional supply chains, Australia has emerged as a preferred supplier, taking advantage of market openings created by disputes between major economies.

In China, reduced access to U.S. beef due to trade restrictions has led to increased demand for Australian grain-fed beef. Importers are turning to Australian producers for their consistent quality and reliability, resulting in a sharp rise in export volumes. This trend has positioned Australia as a leading beef supplier to China, with demand expected to remain strong throughout the year.

Australian beef surges into China and United States during trade war - ABC  News

Meanwhile, in the United States, local beef supply has tightened due to a shrinking cattle herd, driving up the need for imports. Australian exporters have responded rapidly, significantly increasing shipments to meet the growing gap. Monthly export volumes have reached levels not seen in nearly a decade, reflecting strong demand from U.S. processors and retailers.

This momentum marks a significant opportunity for Australia’s beef industry, reinforcing its global competitiveness. With rising demand in both Asia and North America, Australian beef is securing a stronger presence in premium international markets.

Farmer Dimity May Finds Purpose After Career Change and Big Move

After swapping city life for the open paddocks of rural Australia, Dimity May has found unexpected purpose and resilience through farming. Once working in a corporate role, Dimity made the bold decision to leave her career and move interstate to pursue a life connected to the land — a decision that transformed her outlook and daily rhythm.

The transition was far from easy. Adjusting to the physical demands and unpredictable nature of farm work challenged her both mentally and physically. However, she soon discovered a deep satisfaction in the simplicity and purpose of rural life. Learning to work with animals, manage crops, and live in sync with the seasons gave Dimity a renewed sense of achievement and perspective.

What farmer Dimity May learnt from changing careers and an interstate move  - ABC News

One of her biggest takeaways was the power of community. In her new regional setting, she forged strong relationships with local farmers and neighbours, who offered support, advice, and a sense of belonging. These connections were crucial in navigating the steep learning curve of agricultural life.

Dimity’s story is a reminder that changing paths, even drastically, can lead to growth and fulfillment. For her, the risk of leaving behind the familiar has paid off with purpose, community, and a new way of life.

Cunnamulla’s Outback Postie Ruby Gamble: A Larrikin and Lifeline

In the remote outback town of Cunnamulla, Queensland, Ruby Gamble has become a beloved figure, known for her infectious humour and unwavering dedication as the local postie. With a population of just over 1,200, Cunnamulla relies heavily on its postal services, and Ruby is more than just a mail carrier—she’s a vital connection to the outside world.

Ruby’s daily rounds cover vast distances, delivering not only letters and parcels but also a sense of community and continuity to residents in isolated properties. Her visits are often the highlight of the day for many, providing a much-needed human connection in an area where social isolation can be a challenge.

Cunnamulla's outback postie Ruby Gamble a larrikin and a lifeline - ABC News

Beyond her role as a postie, Ruby is known for her larrikin spirit—quick with a joke and always ready to lend an ear. Her presence is a reminder of the resilience and camaraderie that define outback life. In a region where services are sparse and distances are great, Ruby Gamble is more than a postal worker; she’s a lifeline, embodying the heart and soul of rural Australia.

UNSW Founders and Luminary Partners to Back 18 Deeptech Startups with $3.6 Million

UNSW Founders has partnered with Luminary Partners to back 18 promising Australian deeptech startups with a total of $3.6 million in funding. The initiative aims to support ventures focused on solving complex challenges in fields like health, defense, and climate innovation.

Each of the selected startups will receive $200,000 in non-dilutive funding, which allows the founders to concentrate on developing their products and scaling their businesses without giving up equity. The program is designed to nurture innovative ideas from early-stage startups, helping them bring their solutions to market.

UNSW, VC partner to invest $3.6m in 18 startups

In addition to the financial support, the program provides access to a valuable network of mentors, industry experts, and potential collaborators. This comprehensive support system is meant to guide startups through critical stages of development, from refining prototypes to securing market adoption.

Applications for the funding are open to Australian startups from various industries, regardless of their affiliation with UNSW. The initiative represents a significant opportunity for deeptech entrepreneurs to accelerate their growth and contribute to solving some of the most pressing global issues. The program is expected to play a key role in fostering innovation across Australia’s startup ecosystem.

Tags: amid shifting global trade dynamics and heightened geopolitical tensions.Australian beef exports have surged into key international marketsAustralian Beef Surges into China and United States During Trade Warbusiness newsBusiness updatesCunnamulla’s Outback Postie Ruby Gamble: A Larrikin and LifelineDouble-Digit Sales Growth at BCF Boosts Momentum for Super Retail GroupFarmer Dimity May Finds Purpose After Career Change and Big Movenotably China and the United Statestech newstechstoryUNSW Founders and Luminary Partners to Back 18 Deeptech Startups with $3.6 Million
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Sara Jones

Sara Jones

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