INVERELL, 3 August 2026 - The Australian olive industry is deeply saddened by the passing of Leslie ‘Les’ Parsons OAM, inaugural President of the Australian Olive Association and one of the founding leaders of the national industry. Les passed away in hospital on the morning of 3 August 2026. For the olive community, Les’s death is the loss of far more than a respected grower or former office-holder.

Billimari Olives will close after two decades, leaving a major contract harvesting and processing gap for olive growers across Central New South Wales ahead of the 2027 season.

The Australian Taxation Office (ATO) has announced targeted measures for olive producers struggling with rising fuel prices. Available until 30 June 2026, these supports include flexible payment plans, potential interest remission, and PAYG instalment variations. These measures aim to alleviate cash flow pressures on critical operations such as harvesting, irrigation, and freight.

The Australia - EU Free Trade Agreement will reshape olive oil trade, creating export opportunities while increasing competitive pressure from European imports.

Spain’s 2026 olive harvest is coming in lower than expected due to storm damage, rising costs and ongoing labour challenges.

U.S. Olive Oil Market Faces Policy Crossroads as Standards, Tariffs and Trust Take Centre Stage

New mandatory grocery supply rules start applying from 1 April 2026, bringing stronger contract, pricing and dispute protections for olive growers supplying major supermarkets.

Riverland grape growers are diversifying into high-density olive production, responding to global wine oversupply and rising demand for premium Australian olive oil.

The 37th International Course for Professional Olive Oil Tasters concluded successfully in Italy, bringing together global participants and showcasing Australian olive oils alongside leading international producers.

The Codex Committee on Fats and Oils is meeting in Kuala Lumpur to discuss international standards affecting edible oils, with olive oil representation actively defended by the Spanish delegation during CCFO29.