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NEWS
UPDATED 31 OCTOBER 2004
INDEXMAY 04JUN 04JUL 04AUG 04SEP 04OCT 04LATEST

31 May 2004 | $100m Iraq wheat debt written off
Australia's wheat farmers have been forced to write off a $100 million debt owed for wheat sold to Iraq before the first Gulf War. ...... FULL STORY

28 May 2004 | GrainCorp profits up
Graincorp has announced an interim net profit of $12.5 million, an increase of 28 per cent over the same period last year. ...... FULL STORY

28 May 2004 | Dairy Farmers to restructure
Dairy Farmers will once again attempt to convert the 104-year-old co-operative into a listed processing company. ...... FULL STORY

27 May 2004 | Farmer joy as lambs up $16
If a farmer is smiling, chances are he's a lamb producer. Over the past week there have been price rises of up to $16 a head for some categories of lamb - and rates were already considered reasonable. ...... FULL STORY

27 May 2004 | Bumper harvest blows AWB out of drought doldrums
AWB Ltd's interim net profit has jumped by 81 per cent, assisted by a record post-drought wheat crop and contributions from the Landmark acquisition. ...... FULL STORY

26 May 2004 | Wool vulnerable to shocks
The Australian wool industry's over-reliance on China has left it vulnerable to major shocks in that country's economy, the Australian Bureau of Agricultural and Resource Economics warned yesterday. ...... FULL STORY

26 May 2004 | Cane growers mull over succession
Succession planning is now a critical factor for Queensland's 6,500 sugar-cane farmers. ...... FULL STORY

25 May 2004 | ABB Grain posts 38% profit rise
ABB Grain has reported a 38 per cent rise in net profit to $12.44 million for the six months ending March 31, 2004. ...... FULL STORY

24 May 2004 | Global prices dictate milk cost
A consultant has told Victorian dairy farmers that the price they receive for milk is almost exclusively set by international prices. ...... FULL STORY

21 May 2004 | Farms hard hit by fuel prices
When Qantas introduced a fuel surcharge this month, Australia's farmers could only look on in envy, as they're in no position to pass on increased costs to customers. ...... FULL STORY

21 May 2004 | Wineries sour over tax
Hundreds of medium-sized wineries could lose thousands of dollars in rebates from cellar door sales following changes to the Wine Equalisation Tax. ...... FULL STORY

20 May 2004 | Tax cuts to benefit farmers: NFF
Farmers are more likely to benefit from the Federal Government's income tax cuts than the wider community, according to the National Farmers' Federation. ...... FULL STORY

20 May 2004 | Pledge to cut farm aid delay
Federal, state and territory governments made a breakthrough yesterday which will mean farmers who face drought in the future will have an easier time applying for assistance. ...... FULL STORY

18 May 2004 | Weeds threaten to choke the economy
Weeds are costing Australia $4 billion a year, according to a University of New England report. ...... FULL STORY

14 May 2004 | Trans-Tasman wine tax stoush
The New Zealand Trade Minister, Jim Sutton, claims that Australian winemakers are being subsidised at the expense of their NZ counterparts. ...... FULL STORY

12 May 2004 | Fruit growers chase $6m for merger
More than 200 fruit growers want a half share of SPC Ardmona's $12 million merger savings, which resulted from the 2002 merger between the two Goulburn Valley canneries. ...... FULL STORY

12 May 2004 | Budget positive for farmers: NFF
The National Farmers' Federation believes drought-afflicted farmers will be happy that assistance schemes are being maintained through the federal Budget. ...... FULL STORY

12 May 2004 | Tax changes to please wine industry
The Federal Government has overhauled the contentious wine equalisation tax. ...... FULL STORY

11 May 2004 | Budget billions to woo bush vote
The Federal Government's Budget will be spearheaded by billions of dollars in new money for roads and farmers. ...... FULL STORY

11 May 2004 | Wine tax win
Taxes on wine will be reduced by more than $250 million in today's Federal Budget. ...... FULL STORY

11 May 2004 | ABB, Ausbulk vow to maintain competition
ABB Grain and Ausbulk have assured customers and farmers there will be no decrease in market competition after announcing their $850 million merger. ...... FULL STORY

10 May 2004 | HECS-style drought loans would relieve taxpayers: report
A new report says taxpayers would recoup up to 80 per cent of the money given to drought-afflicted farmers if a HECS-style loan system were adopted. ...... FULL STORY

7 May 2004 | Drought may push up food costs
Consumers could be paying more for meat, fruit and vegetables as the drought in New South Wales worsens, the State Agriculture Minister says. ...... FULL STORY

6 May 2004 | Ethanol industry 'cannot compete'
A yet-to-be-released report by the Bureau of Agricultural and Resource Economics warns that fuels made from grain or sugar have little hope of competing with petrol without ongoing taxpayer support for many years. ...... FULL STORY

6 May 2004 | VFF plea for water levy flow-on
Irrigators want to access a $60 million revenue stream created by a proposed 5 per cent charge on Victorians' water bills. ...... FULL STORY

5 May 2004 | Budget's rural gifts run from water to wine
Farmers will be given tax incentives to improve water management and boutique wineries offered tax breaks to boost cellar-door sales, as part of next week's federal Budget. ...... FULL STORY

5 May 2004 | Trade gap widens after drop in farm exports
Australia's trade gap deficit has widened by 15 per cent to $1.99 billion, following an unexpected fall in farm exports in March. ...... FULL STORY

5 May 2004 | Elders sees role in Ausbulk, ABB union
Elders has signalled it wants ultimately to be involved in the merger between ABB Grain and Ausbulk, which would create an agribusiness giant to rival AWB Landmark. ...... FULL STORY

5 May 2004 | Stanbroke takeover creates new king of cattle country
Former potato farmer Peter Menegazzo has become Australia's largest single landholder and beef producer. ...... FULL STORY

4 May 2004 | Cattle group attacks FTA
The Cattle Council of Australia has slammed the proposed US-Australia free trade agreement, saying it's only worth one calf a year per producer. ...... FULL STORY

4 May 2004 | Rural business conditions deteriorate
Conditions in the agribusiness sector deteriorated in the March 2004 quarter, according to National Australia Bank's latest survey. ...... FULL STORY

4 May 2004 | Budget: $400m to help farmers
Next week's Federal Budget will allocate $400 million for the Government to help farmers deal with industry-specific problems as they arise. ...... FULL STORY

3 May 2004 | Sugar package will not save industry: Katter
The $444 million aid package for Australia's sugarcane growers will not be enough to save the industry, says Queensland Independent MP Bob Katter. ...... FULL STORY



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