La Nina weather pattern blamed for spate of accidents from operators using excavators
SafeWork NSW says La Nina is contributing to a rise in excavator incidents and as a result SafeWork Inspectors have begun visiting excavation sites throughout the State to ensure safety and remind those excavating about ‘Before Your Dig Australia’ requirements. Head of SafeWork NSW Natasha Mann said SafeWork’s ‘Excavation and Earthmoving Plant Safety Program’ will continue […]
It’s a new phenomenon… cyclone and fire interaction… severe weather events that cause extreme havoc
As strong winds and torrential rains inundate Australia’s south-eastern coast, new research suggests that high intensity bushfires might not be too far behind, with their dual effects extending damage zones and encroaching on previously low-risk residential areas. Conducted by an international research team, including the University of South Australia, the research is the first to […]
One million company directors still to get their director ID ahead of 30 November deadline to avoid a $13,200 fine
Over 1.4 million directors have now applied for their director ID, with more applications flooding in every day. But with the total director population in Australia estimated to be more than 2.5 million, this means around one million directors still need to apply. As the 30 November deadline is now only days away, Australian Business […]
Commonwealth Bank responded quickly to 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 11 November. In addition, the bank will lift the interest rates across a number of its savings products. New savings rates Group Executive, […]
Reserve Bank gets in a 0.25% cash rate increase before the Melbourne Cup is run adding to runaway cost of living expenses
The Reserve Bank has continued its persistent interest rate increases with a lift of 0.25% prior to the Melbourne Cup being run in 2022 to take the base cash rate to 2.85%. This latest rise makes it seven months in a row the Reserve Bank has raised its cash rate target. This time matching […]
Farm debt mediation changes set to strengthen Victorian farmers rights
To strengthen farmers’ rights to farm debt mediation and streamline the process, important changes to the Farm Debt Mediation Act 2011 (the Act) will soon take effect. Under the Act, a farmer has the right to be offered mediation by their creditor before the creditor can start debt recovery on their farm mortgage. At mediation, […]
Scholarship offer for farmers to become more climate smart
Farmers for Climate Action is offering 20 Australian farmers a career-defining opportunity to learn from Australia’s best experts, with applications now open for a climate-smart farming scholarship valued at over $3000. Between November 2022 and March 2023, scholars will gain the knowledge needed to succeed in a changing climate, enabling them to become leaders in […]
CBA offers emergency assistance for flood affected areas in NSW VIC and TAS
Commonwealth Bank is providing its Emergency Assistance to customers and businesses in flood affected areas in New South Wales, Victoria and Tasmania. Retail Banking Services Group Executive, Angus Sullivan, said: “Unfortunately some regions across the country have already experienced flooding earlier this year, and it is incredibly distressing for these communities to go through this […]
Financial stress is a key risk factor for anxiety among farmers
Curtin research into the mental health of farmers has found financial stress is a major contributing factor to their higher anxiety levels, and that one in five farmers are at risk of social isolation. The findings come directly from WA farmers who have participated in two online surveys as part of this research. The last […]
An anxious Reserve Bank feeling the vent of public anger only increases the rate by 0.25%
It appears public sentiment of not wanting to reach too deep into their pockets following two years of pandemics and the previous government cashing them up with a $1.1 trillion plus loan and deficit budgets get their message through to the Reserve Bank, to back off. And back off it did. Instead of the 0.50% […]