Farmgate produce commodity prices for September 2023
Here are the prices available at 28 September 2023 for local farm produce plus select US and world market prices Current indicators – 28 September 2023 Indicator Week ended Unit Latest Price Previous Week Weekly change Price 12 months ago Annual change Selected world indicator prices AUD/USD Exchange […]
Winners and grinners revealed but it’s all over like red rover at Diggers & Dealers 2023
Australia’s biggest export industry earners, miners, gathered for their annual three-day extravaganza to tell everybody that would listen, just what the future holds. After the lithium extravaganza on Day 1, the next day’s thematic at the Diggers & Dealers Mining Forum in Kalgoorlie-Boulder reverted to Forrest Gump’s favourite box of chocolates. Life at Diggers can […]
Used vehicle prices return to reality as they continue to fall in price according to latest industry report
Following the stratospheric price increase for used vehicles during the COVID-19 pandemic, it appears that has all come to an end with seasonally adjusted used-vehicle prices continuing to fall in Australia. Increased global production of new vehicles is improving supply, albeit at a glacial pace, alleviating price pressures in the used-vehicle market. According to Moody’s […]
Invasive Species Council agrees with proposed change to allow aerial control of feral horses
The Invasive Species Council says it welcomes the announcement the NSW government is consulting on changes to the Kosciuszko National Park Wild Horse Heritage Management Plan to allow aerial shooting as a method to reduce feral horse numbers. Snowy River tour guide and Invasive Species Council Indigenous ambassador Richard Swain said, “For far too long […]
Kawasaki distribution in New Zealand comes back into the parent company fold
Kawasaki Motors Limited (Japan) has signalled it will take over the distribution of Kawasaki products directly into the New Zealand market through its Australian division. This move is part of Kawasaki’s global strategy to manage product distribution under one main company division. Kawasaki Products have been distributed by Lyntec Holdings for the past seven years […]
Strong growth for broadacre farmland prices results in assets almost doubling since 2020
The average price of broadacre farmland per hectare has almost doubled over the last three years, increasing by 93% from 2020 to 2023. Recent growth in farmland prices has been extraordinary, and likely reflected a combination of factors including low-interest rates, recent good commodity prices and seasonal conditions, and increased demand for land in general. […]
Biosecurity regulatory fees and charges ramp up for importers from 1 July 2023
The Federal Government is changing the charge structure for Australia’s biosecurity system and as a result, charges for importers will in some cases increase beyond an average of 28%, and as a result will raise an additional $35 million in revenue in 2023-24 These changes are part of a $1.03 billion sustainable funding package that […]
Sustain Life Launches here through a strategic partnership with Planet6
Sustain.Life, the SaaS platform helping companies across industries measure, manage, and report their environmental impact, today announced its first strategic partnership in Australia with Planet6, a cloud-first technology service provider focused on sustainability. This partnership brings together Sustain.Life’s innovative platform and Planet6’s expertise in enabling companies to take meaningful action towards achieving their ESG ambitions, including net-zero […]
The future leaders of agritech share in a $12.3 million bounty over three years
Innovators in the agritech sector have been acknowledged for their contributions to the adoption of on-farm and agri-food supply chain technology at the Australian Agritech Awards Gala in Sydney. The Australian Agritech Awards Gala and associated Investor Networking event was held to highlight recent developments in innovation, commercialisation, adoption, and expansion of Australian agritech, a […]
Commonwealth Bank has responded to the Reserve Bank of Australia’s cash rate decision
Following the Reserve Bank of Australia’s (RBA) decision to raise the official cash rate by 0.25% per annum (p.a.), CBA 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 will be […]