Further ‘silver lining’ for consumers with food price inflation moderating according to Rabobank
There has been some “further silver lining for consumers” with the latest monthly Consumer Price Index (CPI) data from the Australian Bureau of Statistics, released today, showing food price inflation has continued to moderate. RaboResearch senior food retail analyst Michael Harvey said the November 2023 data showed prices for food and (non-alcoholic) beverages had risen […]
Veratin partners with vegetablesWA to develop its soil fertiliser supplement further
Veratin Limited, a stock market listed multi-industry manufacturer with a suite of sustainable high-quality products has announced that it has signed a trial partnership agreement with vegetablesWA (“Partnership”) to perform demonstrations and trials with vegetable growers in Western Australia. Veratin partnership with vegetablesWA will include performing demonstrations and trials with WA vegetable growers to look […]
Brandt shows season spirit with a welcome $500,000 in Community Donations
The season of goodwill just got a lot more festive for 14 charities, thanks to $500,000 in donations from the Brandt Group of Companies’ Thanks A Billion Holiday Fund. Brandt employees arranged the funds to support 14 organisations across Canada, the United States, Australia, and New Zealand. “We are very grateful to our customers, employees, […]
Tasmanian Irrigation launches of water sales for a redesigned 13,500-megalitre Tamar Irrigation Scheme
Water sales launched for the redesigned Tamar Irrigation Scheme Farmers in the Tamar Valley has encouraged farmers to seriously consider the value that irrigation can bring to their enterprises now and in the future with water sales opening today for a redesigned Tamar Irrigation Scheme. Tasmanian Irrigation has released details of a new-look Tamar Scheme, […]
United States certifies irradiation for horticulture trade pathways
The United States Department of Agriculture (USDA) has certified Australia’s Steritech Merrifield irradiation facility for the export of horticulture produce with approved irradiation trade pathways to the United States. Acting Head of Trade at the Australian Department of Agriculture, Fisheries and Forestry, Nicola Hinder said US approval of the Merrifield facility in Victoria was an […]
The Nationals prompts farmers to have a say on the future of Regional Investment Corporation
Leader of The Nationals and Shadow Agriculture Minister David Littleproud is urging farmers and agribusiness owners to have their say on the success of the Regional Investment Corporation (RIC). From today, business owners have one month to submit their views in a public consultation process of the RIC 2018 Act. David Littleproud said he feared […]
RBA Governor shows true grit to raise rates by a further 0.25% to hit 4.35%
With the distraction of the general public, taking time out to watch the running of the 163rd Melbourne Cup the Reserve Bank of Australia Board (RBA) has taken a swipe at lingering inflation by raising the base cash rate by 0.25% to a 12-year high of 4.35%. The biggest takeaway from the rate rise is […]
RIC Act offering $4.075 billion loans to farm and farm-related small businesses under review
Farmers and agribusinesses will have the chance to provide feedback on the products and service delivery of the Regional Investment Corporation (RIC) and the effectiveness of concessional loans through an upcoming independent statutory review. Assistant Secretary Andrew O’Sullivan said the review of the Regional Investment Corporation Act 2018 (RIC Act) would be a chance to […]
Getting the Murray–Darling Basin Plan back on track according to the Productivity Commission
Improved accountability would boost progress on the Murray–Darling Basin Plan, according to the Productivity Commission. The interim report of the 2023 Murray–Darling Basin Plan implementation review finds the Australian Government’s recently proposed extension of the Basin Plan timeframes is necessary but won’t be enough. “In the five years since the last Commission review, very little progress has […]
Victoria is now the best performing economy in the CommSec State of the States report
It will surprise many Victorians to learn they live in the best performing economy, but that’s the word according to figures released in the theCommSec State of the States report where for the first time in over a year, Victoria is the country’s number one. Strong economic activity, solid retail spending and business investment catapulted […]