China’s commodity imports show strong demand
China’s commodity imports for November suggest demand is strong; with most sectors recording a solid bounce from October. But high import volumes in late 2019 pushed some annual growth rates into negative territory. The recent price rally ahead of the seasonal demand slowdown may stabilise imports in coming months. Oil imports were resilient against expectations […]
CBA moving European HQ to Amsterdam
Commonwealth Bank of Australia is shifting its European HQ from London to Amsterdam in a move it says will allow it to provide better access to European markets for its institutional clients post-Brexit. From next year, CBA will have its newly-licenced Dutch subsidiary, Commonwealth Bank of Australia (Europe) N.V. up and running. CBA Group Executive […]
Newell Highway upgrade open for Christmas traffic
A major upgrade to the heavily trafficked freight route between Mungle Back Creek and Boggabillaw has opened in time for the Christmas break
ProAgni feed producer takes capital raising to over $3 million with latest investment
Australian AgTech company ProAgni announced that it had secured Series A investment from established regional media entity Grant Broadcasters. ProAgni was established in 2018 to provide antibiotic free animal feed products that preserve animal health and economic sustainability, while decreasing the environmental and social impacts of farming. Its cutting-edge feed stock has now been used […]
A new beginning for Briggs & Stratton
After emerging from bankruptcy as a new company with a new owner and a new CEO, Briggs & Stratton is looking to the future.
John Deere acquires Harvest Profit farm management software
John Deere has acquired Harvest Profit, a leading provider of software for farmers to track costs and profits in their operations.
Elders posts $122 million profit for the year
Elders has reported a statutory profit after tax of $122.9 million for 2019-20, an 80 per cent increase on the previous financial year.
BOM climate report shows Australia at accelerating risk from continued warming
The biennial BOM State of the Climate Report shows Australia’s north getting wetter, the south getting drier and extreme heat events increasing in frequency.
House of Reps committee set to inquire into climate change bills
The House of Representatives standing committee on the Environment and Energy has called for submissions on independent MP Zali Steggall’s climate change bills. The bills calls for the Morrison government to adopt what is described as sensible climate change legislation that will align national policy with state governments’ and the private sector’s commitment to net […]
Rural Financial Counselling Service gets $61.9 million grants boost
The Australian government is investing $61.9 million in competitive grant funding for rural financial counselling services with applications closing 11 December 2020.