Burns Philp (properly Burns, Philp & Co, Limited) was once a major Australian shipping line and merchant that operated in the South Pacific. In later years the company was a major player in the food manufacturing business. Since its delisting from the Australian Stock Exchange in December 2006 and the subsequent sale of its assets, the company has mainly become a cashed up shell company. It is wholly owned by Graeme Hart's Rank Group (not to be confused with the British company of the same name).