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31 Oct 2006 | Payroll tax relief for bush businesses
The New South Wales government will provide a $1 million payroll tax relief package for small businesses in the bush and more help for families to pay their household expenses, including utilities bills. ...... FULL STORY
30 Oct 2006 | Small business ignore financial aid
Operators of small businesses in farming regions affected by the drought are campaigning for financial assistance similar to the interest rate subsidies paid to farmers. ...... FULL STORY
27 Oct 2006 | ABA frets over small business in the bush
The Australian Bankers Association says its members have few concerns about the viability of farmers, but hold concerns about the financial health of small businesses and contractors who rely on them. ...... FULL STORY
26 Oct 2006 | Fruit prices continue to rise
The latest consumer price index released by the Australia Bureau of Statistics confirms that fruit prices are continuing to rise. ...... FULL STORY
25 Oct 2006 | More drought aid for farmers and banks
The Australian government’s latest package of assistance for farmers in drought-affected areas has a couple of ramifications for banks. ...... FULL STORY
25 Oct 2006 | Drought relief covers half of all farmland
Financial aid from the federal government for farmers is likely to apply to farmers more than half the agricultural land in Australia. ...... FULL STORY
24 Oct 2006 | Contractors may defer some tax payments
Additional drought relief measures rumoured to be announced by the federal government later this week include a deferral of tax payments for contractors... ...... FULL STORY
23 Oct 2006 | More drought aid may be paid as grants
The federal government may pay small infrastructure grants to farmers under an extended package of measures to provide financial relief during the drought. ...... FULL STORY
19 Oct 2006 | Twelve per cent of farmers seek drought aid
Nearly 15,000 of Australia's 130,000 farmers have received interest rate subsidies under exceptional circumstances assistance. ...... FULL STORY
18 Oct 2006 | Bourke and Brewarrina farmers advised to walk off the land
Wentworth Group convenor and scientist Peter Cullen said farmers working marginal farm land, such as that around Bourke and Brewarrina in western New South Wales, should accept that parts of Australia are perpetually dry and unsuitable for farming. ...... FULL STORY
18 Oct 2006 | Most WA farms miss out on drought relief
More than 61,000 square kilometres of farmland in the Western Australia’s wheat belt is in drought after the driest winter on record. ...... FULL STORY
17 Oct 2006 | Drought relief extended to March 2008
The federal government will extend income support and interest rate subsidies for irrigators, dry land farmers and dairy farmers in 18 “exceptional circumstances” declared areas in Victoria, NSW, Queensland, South Australia until March 2008. ...... FULL STORY
17 Oct 2006 | Banks may be overextended to drought-stricken farmers
Farmers across Australia are preparing themselves to deal with severe drought conditions and so are their bankers. ...... FULL STORY
17 Oct 2006 | Farmers dip into their deposits
Balances held under the Farm Managed Deposits scheme have fallen from a peak this decade of $2.8 billion in June 2005 to the current level of $2.4 billion, indicating that farmers are using their savings to cope with loss of income caused by drought. ...... FULL STORY
16 Oct 2006 | No distressed farm sales yet
Real estate agents say there is no evidence yet of distressed sales by farmers due to the drought. ...... FULL STORY
13 Oct 2006 | Carry-on finance an option for stronger farms
The Australian Bankers Association, said last night that banks were prepared to deal with farmers on a case by case basis. ...... FULL STORY
13 Oct 2006 | Drought relief rules eased
Farm communities will be able to receive government drought assistance continuously for up to 18 months rather than having to reapply as often as every five months. ...... FULL STORY
12 Oct 2006 | Hand-outs only farm income this season
Treasurer Peter Costello said many farmers would not earn any income this season and that this may be the worst drought ever. ...... FULL STORY
12 Oct 2006 | Timber plantations flatten local economies
Agribusiness consultancy Mike Stephens & Associates argued in a report that 35 per cent of managed investment scheme income comes from government assistance. ...... FULL STORY
11 Oct 2006 | $29m a month spent on farm family support
The federal government said it he had written to banks and financial institutions asking them to be sympathetic to the plight of farmers during the drought. ...... FULL STORY
11 Oct 2006 | Drought tightens finances
Westpac forecast that farm incomes will fall 60 per cent this year to their lowest level since 1994. ...... FULL STORY
6 Oct 2006 | CBA plans quick growth in agribusiness
Commonwealth Bank said it set itself a goal of overtaking National Australia Bank within two years as the largest bank in the agribusiness sector. ...... FULL STORY
4 Oct 2006 | Interest rate relief reprieved
The federal agricultural minister Peter McGauran said he agreed only in principle to recommendations that the government remove interest rate relief as a core element of the financial assistance available at times of drought. ...... FULL STORY
3 Oct 2006 | South Australian farm incomes above average
Farm cash incomes for South Australian broadacre farms fell sharply in South Australia in 2004/05, reflecting the combination of lower winter crop production, lower grain prices and lower wool prices. ...... FULL STORY
3 Oct 2006 | Eyre Peninsula farm values maintained
Rates of return excluding capital appreciation have been modest in the past two years for farmers in the Eyre Peninsula of South Australia. ...... FULL STORY
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