Trump tariffs to hit Victorian businesses the hardest
The Victorian Chamber of Commerce and Industry is warning of significant consequences for Victorian exporters, particularly in agriculture, food production and manufacturing, following the United States introducing a 10% tariff on all Australian goods. Victoria is Australia’s largest food and fibre exporter, accounting for 24% of the national total in 2022-23. The U.S. is a […]
NSSN funding grants of $360,000 matched by a further $430,000 in industry partnerships
Grants have been awarded for next generation ‘Fitbits’ to track the health of livestock, and a device that will accurately identify mould spores in homes, with in addition a technology that can potentially degrade the ‘forever chemical’ PFAS in water in just six minutes. Four collaborative teams across NSSN’s member universities have secured funding in […]
Deere reports first quarter 2025 net sales and revenue decrease of 30%
Deere & Company reported net income of US$869 million for the first quarter ended 26 January 2025, compared with net income of US$1.751 million for the quarter ended 28 January 2024. Worldwide net sales and revenues decreased 30% to US$8.508 billion, in the most recent quarter. Net sales were US$6.809 billion for the quarter, compared with US$10.486 […]
President Donald Trump’s daily ramblings could disrupt an already fragile farm equipment market
Putting aside the daily ramblings of Donald Trump, such as taking over the Gaza strip and replacing the bombed-out homes with his version of the French Riviera. In the process, displace the estimated 2 million Palestinians who had the impression a peace treaty was in place and they could move back home, following constant bombings […]
Apprentice Incentives of $10,000 leaves key industries behind
According to the Independent Tertiary Education Council Australia (ITECA), the Australian Government’s announcement of a $10,000 incentive payment to attract apprentices into the residential construction and clean energy sectors is a positive step for those industries but falls short of addressing the significant skills shortages felt by businesses across the Australian economy. The Independent Tertiary […]
Emissions grants available through the Carbon Farming Outreach Program for farm businesses
Farmers will soon be able to access commodity-specific information to enable them to make decisions on reducing emissions for their businesses through an Australian Government grant initiative. As part of the Carbon Farming Outreach Program, more than $1.8 million in Gap Analysis grants will be available to Research and Development Corporations. The program aims to […]
RBA Governor shows true grit to keep rates on hold at a base rate of 4.35%
At this time in 2023 with the distraction of the general public watching the running of the 163rd Melbourne Cup the Reserve Bank of Australia Board (RBA) took a swipe at lingering inflation by raising the base cash rate by 0.25% to a 12 year high of 4.35%. It was the first meeting of the […]
Used Car Safety Ratings for 2024 that you need to know to avoid buying a lemon
The updated Used Car Safety Ratings for 2024 provide a comprehensive guide to the safest used vehicles to buy, and those to avoid. Based on data from the Monash University Accident Research Centre (MUARC), the 2024 ratings analyse 9.4 million vehicles involved in police-reported crashes and 2.6 million injured road users in Australia from 1987 […]
NHVR calls for feedback on draft Wine Industry Code of Practice
The National Heavy Vehicle Regulator (NHVR) has released the draft Wine Industry Code of Practice, to allow any stakeholder with an interest in the wine industry to review and comment on the Code before it is assessed for registration. The NHVR has developed the Wine Code in partnership with the South Australian Wine Industry Association […]
Bureau predictions for long-range Spring weather forecasts that could make or break some farmers
With the release of the Bureau of Meteorology Long-Range 2024 Spring forecast it is the start of nightmares for some farming districts with predictions they would prefer not to see. The long-range forecast provides guidance on the likelihood that different parts of the country will see conditions that are warmer or cooler, or wetter and […]