CBA gave a three day reprieve but never the less raises interest rates in line with RBA rate hike
Following the Reserve Bank of Australia’s (RBA) decision to raise the official cash rate by 0.25% per annum (p.a.), CBA has announced it will increase interest rates across a number of its savings products, and will lift its home loan variable interest rates by 0.25% p.a. All savings and home loan variable rate changes announced today […]
The Nationals will scrap the fresh food tax on farmers outlined as a biosecurity measure in the 2023 Budget
A future Coalition Government will abolish Labor’s new fresh food tax on farmers, hidden as a biosecurity measure in the 2023 Federal labor Budget, according to Leader of The Nationals David Littleproud. David Littleproud went on to say a Coalition Government would scrap Labor’s new tax, which will force farmers to pay for the biosecurity […]
RBA interest rate rise was full of mettle for a board destined for the chopping block
Most economists, 87% to be precise according to one survey, expected The Reserve Bank of Australia (RBA) to come to heel at their monthly gathering today, as there was a big stick being wielded around their head by the Federal Labor Government flagging changes to the board positions as soon as legislation allows. But the […]
Following the NSW election the host of the Today Show Jayne Azzopardi and radio presenter Clinton Maynard talk to coalition leader David Littleproud
The win by Labor, as already conceded by former NSW PremierDom Perrottet before all votes are counted, now leaves Tasmania as the sole state and Territory held by a Liberal government. This is a transcript of the interview. JAYNE AZZOPARDI Welcome back to Weekend Today. New South Wales has decided Labor leader Chris Minns is […]
Agri Green Loan enquiries are on the up as access to cheaper funds turns some farmers Green
According to CBA’s agri-sustainable loan division, farmers are increasingly adopting additional sustainable farming practices as they seek to improve farm productivity while safeguarding their land for future generations. New data from CommBank revealed a 182% increase in Agri Green Loan enquiries since launching in November 2021, with farmers in New South Wales (+340%) and Victoria […]
The Reserve Bank of Australia repeats Groundhog Day for the tenth time in a row with another official cash rate increase
Little humour will be lost referencing the Bill Murray movie based on a Groundhog that looks much like an overgrown rat drawn out of a barrel to predict the end of the winter season. And while the analogy of a big rat predicting the end of winter may have little parallel to the reasoning behind […]
Job matching platform to help Queensland agricultural sector through workforce crisis
The Queensland agricultural sector now has the support of a sophisticated job-matching tool to attract valuable skilled labour along with the opportunity to showcase the incredible career opportunities the sector has to offer. Officially launched on 23 February 2023, Ag Jobs Queensland is a dedicated industry jobs platform connecting employers from the agricultural sector across the state with […]
CBA announces rate changes following the Reserve Bank of Australia’s cash rate increase
Following the Reserve Bank of Australia’s (RBA) decision to raise the official cash rate by 0.25% per annum (p.a.), CBA will lift its home loan variable interest rates by 0.25% p.a., effective 17 February. In addition, the bank will increase the interest rates across a number of its savings products, by up to 0.75% p.a. […]
Used vehicle prices come down 11% but are still 53% higher than the December 2019 level
Used vehicle prices continued their sustained downtrend during January, according to the latest Moody’s Analytics Used-Vehicle Price Index. The report showed declines in both month-to-month and year-to-year terms. Nevertheless, January marked a slowdown in the price fall, with both passenger cars and trucks/SUVs prices only decreasing around 0.2% m/m. Vehicle prices are still not near […]
Increase in phone and internet complaints in quarter two shows impact of Optus data breach
The Telecommunications Industry Ombudsman’s (TIO) Quarter Two Complaints Report shows a 9.9% increase in the number of complaints received between October and December 2022. Residential consumers and small businesses made 17,903 complaints, with more than half of these about mobile services. Complaints this quarter increased largely due to the impact of the Optus data breach. […]