RBA base cash rate cut of 25 basis points in May will see the full cut pass to farm borrowers
The Reserve Bank of Australia (RBA) has reduced the base rate for the second time this year, with a reduction of 0.25% from 4.1% to 3.85%. A rate not seen since April 2022. Many farm operations will welcome the rate relief, and it is expected most banks will pass the full discount to borrowers. Rabobank […]
The Nationals forge their own path for Regional Australia
Statement from Leader of The Nationals and Shadow Agriculture Minister David Littleproud After careful consideration, The Nationals have agreed that now is not the right time to enter a federal Coalition Agreement with the Liberal Party. During the last term of Parliament, The Nationals fought hard for a package of sensible and important policies that […]
Critical automotive infrastructure missing from State Budget
The Victorian Automotive Chamber of Commerce (VACC) has expressed significant concern over the 2025-26 Victorian State Budget’s failure to deliver essential electric vehicle infrastructure and small business support, despite the Government’s ambitious 2030 EV targets. While the absence of new motor vehicle taxes provides temporary relief, the Budget represents a missed opportunity to future-proof Victoria’s […]
Weld Australia calls for urgent Government action as imports threatens local jobs and safety standards
Weld Australia is calling for urgent government action to safeguard Australia’s manufacturing sector, with a stark warning about the rising use of non-compliant imported products and fabricated steel. Geoff Crittenden, CEO of Weld Australia, said the issue highlights three pressing national priorities: enforcing compliance with international quality standards, implementing mandatory inspections of imports, and introducing […]
Horizon Scholarship celebrates 15 years of investing in future agriculture leaders
As local agriculture navigates a number of opportunities and challenges such as workforce, climate change and rapid digital transformation, AgriFutures Australia’s Horizon Scholarship Program is investing in the next generation of leaders with the skills and passion to tackle such issues head on. Announcing today its 2025 cohort of 21 ambitious students across Australia, the […]