Former Kellogg’s boss calls for investment lift in food

Original article by Michael Smith
The Australian Financial Review – Page: 15 &20 : 14-Sep-15

McGrath Estate Agents chairman David Mackay was the CEO of multinational food group Kellogg from 2006 to 2011. He notes that Asia represents a huge opportunity for Australia’s food industry, but stresses the need the need for the sector to commit to long-term investment in order capitalise on this. He also argues that the Australian manufacturing sector’s costs are too high, with wages in particular much higher than most countries.

CORPORATES
McGRATH REAL ESTATE PTY LTD, KELLOGG COMPANY, FORTUNE BRANDS INCORPORATED, KEURIG INCORPORATED, MARS AUSTRALIA PTY LTD, SARA LEE AUSTRALIA PTY LTD, WOOLWORTHS LIMITED – ASX WOW, BEAM GLOBAL SPIRITS AND WINE INCORPORATED, SUNTORY LIMITED

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