Cost of living pushed up by climate-driven floods says Farmers for Climate Action
The cost of living for Australian families is being driven up by climate damage as the Australian Insurance Council reveals households across Australia paid a higher cost of living because of flooding in NSW and Queensland earlier this year
Record grain harvest in 2020-21 exposed issues with regulation of grain ports
ACCC consultation with the bulk grain export industry has shown that grower representative groups and some exporters generally support regulation of bulk grain export supply chains, but port terminal operators largely do not
Her Majesty Queen Elizabeth II dies at 96 years of age
On behalf of all Australians, the Department of the House of Representatives released a statement by the Presiding Officers, “It is with great sorrow that we join with others in expressing sadness at news of the death of Her Majesty the Queen, Elizabeth II
Reserve Bank lifts the base rate by 50 basis points to increase from 1.85 to 2.35 per cent
Each week at auctions across the country, participants are rushing to get in now before the price of property falls further and before the RBA lifts rates to a higher level not seen for over 20 years. Odd logic, but that is what’s happening. Another part of that scenario came to fruition today when the […]
Farming exports forecast to reach a record $70.3 billion from a $81.8 billion crop season
Exceptional growing conditions and high global prices are continuing to benefit our local agricultural production and exports. A report released today is forecasting agricultural export earnings to climb to a record $70.3 billion for 2022-23, that’s almost 50% more than what it was 10 years ago after accounting for inflation. ABARES Executive Director Dr Jared […]
CFMEU and Hutchinson to pay penalties of $1.35 million for boycott conduct
The Federal Court has today ordered the Construction, Forestry, Maritime, Mining and Energy Union (CFMEU) and construction company J Hutchinson Pty Ltd (Hutchinson) to pay penalties of $750,000 and $600,000 respectively for boycott conduct in breach of competition laws, in proceedings brought by the ACCC. This follows the Court’s earlier finding that the CFMEU and […]
CommBank launches Agri Green Loan to support producers’ environmental and climate goals
As part of its commitments to support customers transitioning their business and to invest in environmental projects, Commonwealth Bank today announced the national rollout of its Agri Green Loan. Today’s launch follows a successful pilot, and opens the door for more farmers to access funding — at discounted rates — for eligible purposes that reduce their […]
Scientists and technologists urge the Federal government to pass climate legislation
Australia’s climate change legislation should be passed with an added commitment to ‘name and fame’ sectors leading the charge to reduce emissions, the peak body for Australia’s 90,000 scientists and technologists has urged. In its submission to the Senate Inquiry on the Climate Change Bill, Science & Technology Australia strongly supports the passage of the […]
CBA announces new interest rates in response to the Reserve Bank of Australia’s cash rate decision August 2022
Following the Reserve Bank of Australia’s (RBA) cash rate decision, on 02 August 2022, CBA will increase home loan variable interest rates by 0.50% per annum (p.a.) and increase the interest rates on select savings products. Standard Variable rate changes Owner Occupier Principal and Interest Standard Variable Rate home loans will increase by 0.50% p.a. […]
Upbeat end as diggers dealers head into interesting times
In more ways than one, the third and final day of this year’s Diggers & Dealers Mining Forum in Kalgoorlie epitomised the adaptability of the industry it serves. Forecasts of gale-force winds reaching 90km an hour were enough to – correctly – scare Diggers organisers into action and clear out the massive marquee, which houses […]