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 […]
Rabies is under the spotlight and submissions being sought for draft risk review
A draft report into a policy review of the rabies virus risk in imported cats and dogs has today been released for stakeholder comment. Deputy Secretary of Biosecurity and Compliance, Dr Chris Locke said Australia was free from the rabies virus and to protect this status the draft policy review proposes some changes to existing […]
Marine experts welcome global resolution to save whales from plastic peril
The Australian Marine Conservation Society (AMCS) has welcomed news that a resolution calling for greater collaboration to save whales from plastic pollution was adopted by consensus at the 68th meeting of the International Whaling Commission (IWC) in Portoroz, Slovenia last night. Recognising the impact of ocean plastic pollution on whales and other cetaceans, the IWC […]
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, […]
Food prices to climb under cost of living crisis according to The Nationals
The Nationals leader David Littleproud says not all of Australia’s high food prices are caused by natural disasters – they’re also man-made by Labor scrapping the Ag Visa, which has fuelled a cost of living crisis. Mr Littleproud said Labor was trying to use the recent floods as an excuse for rising food prices but their own policies […]
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 […]
ACCC set to restore trust and confidence in Murray-Darling Basin water markets
The ACCC says it welcomes the Australian Government’s plan to legislate new functions for the ACCC as the water market conduct regulator in the Murray-Darling Basin. This week, the Government released the Water market reform: final roadmap report and announced its intention to implement all of the recommendations. The ‘roadmap’ built on the findings and […]