What this class covers
ANZSIC class 1150 covers businesses in Australia primarily engaged in manufacturing various edible oils and fats from vegetable and marine animal sources. This includes both crude production and refined end products designed for culinary, industrial, and consumer use. The classification encompasses operations that transform raw materials into finished oil products through processes such as extraction, refining, deodorizing, hydrogenation, and blending.
Typical operations in this class include olive oil producers who press and bottle extra virgin or refined olive oil, margarine manufacturers creating spreads for retail and food service, and facilities producing blended cooking oils for commercial kitchens. Marine oil processors extracting omega-3 rich oils from fish for nutritional supplements also fall under this classification, as do operations refining animal fats like lard and tallow into food-grade products.
This classification is used by the Australian Bureau of Statistics for industry data collection, by businesses for ABN registration, and by government agencies for policy development. It helps identify establishments engaged in value-added processing of oils and fats beyond basic extraction or rendering.
Primary activities in plain English
Businesses classified under ANZSIC 1150 typically engage in one or more of the following activities:
- Producing refined animal oils and fats, including purified lard and tallow for culinary use
- Manufacturing vegetable oils from seeds, nuts, or fruits, such as cottonseed, olive, or sunflower oil
- Deodorizing vegetable oils to remove strong flavours and odours for consumer products
- Creating blended edible oils and fats, including compound cooking oils and salad oil mixtures
- Processing fish and other marine animals to extract oils and produce meal byproducts
- Manufacturing margarine and similar butter substitutes for retail and food service
- Producing vegetable oil meal or cake as byproducts of oil extraction processes
Exclusions and nearby codes
ANZSIC 1150 specifically excludes certain activities that fall under other classifications:
Rendering lard or tallow (the initial processing of animal fats) is excluded from this class and is classified under ANZSIC 1111 Meat Processing. This distinction separates initial rendering operations from refined oil manufacturing.
Distilling or refining essential oils (used for fragrances, flavours, or aromatherapy) is excluded and falls under ANZSIC 1899 Other Basic Chemical Product Manufacturing n.e.c., as these are considered chemical products rather than food oils.
Businesses engaged in starch manufacturing might consider ANZSIC 1062 Starch and Starch Product Manufacturing, while cocoa and chocolate manufacturers would typically fall under ANZSIC 1073 Cocoa, Chocolate and Sugar Confectionery Manufacturing.
Practical guidance
Australian businesses in oil and fat manufacturing should use ANZSIC 1150 when registering for an ABN and completing Business Activity Statements. This classification helps the ATO identify your primary business activity for tax purposes.
For workers' compensation insurance, this classification corresponds to Business Industry Code (BIC) 11500, which determines premium rates based on industry risk factors. Accurate classification ensures appropriate coverage and avoids premium miscalculations.
Businesses in this sector may be eligible for manufacturing-specific grants or programs, and should maintain accurate production records for industry reporting. The classification may also affect eligibility for certain tax concessions or R&D incentives available to food manufacturing operations.
When your business activities span multiple classifications, use the code that represents your primary revenue-generating activity. If uncertain, consult the ABS ANZSIC definitions or seek professional advice regarding your specific operations.