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NEWS
UPDATED 30 APRIL 2008
INDEXNOV 07DEC 07JAN 08FEB 08MAR 08APR 08LATEST

30 Nov 2007 | Drought causes loss at Graincorp
Graincorp has reported a loss of $19.8 million for the year ending September 30 and said that the outlook for the next year was not much better. ...... FULL STORY

21 Nov 2007 | McGuigan talks up prospects
McGuigan Simeon Wines reported a net loss of $5.9 million for the 2006-07 financial year but has said that it expects to turn a small profit in the current financial year. ...... FULL STORY

20 Nov 2007 | Goodman Fielder can't escape rising costs
The latest company to announce that its performance has been hit by the drought is Goodman Fielder which yesterday said its profit for the current financial year would be around $222 million, compared with a 2006-07 result of $239.8 million. ...... FULL STORY

19 Nov 2007 | Profits down at Aussie icon
Bush clothing manufacturer RM Williams has been hit hard by the drought with a 10 per cent fall in profit in the year to June 30. ...... FULL STORY

16 Nov 2007 | Timbercorp profit dips due to drought
Timbercorp yesterday posted an after-tax profit of $65.7 million for the 2006-07 year, 17.5 per cent lower than last year's record profit. ...... FULL STORY

15 Nov 2007 | SA wants cheap loans for water
South Australian Premier Mike Rann has hit out at the federal government for not yet spending any of the $10 billion National Water Security Plan funds to help desperate irrigators. ...... FULL STORY

6 Nov 2007 | Drought dents farmer confidence
Farmer confidence has fallen in the September quarter according to the latest results of the Westpac and Charles Sturt University Agribusiness Index. ...... FULL STORY

5 Nov 2007 | Grants not enough to entice farmers off land
While over 300 farmers have made enquiries only 14 have lodged applications for the federal government's $150,000 exit grants. ...... FULL STORY

5 Nov 2007 | Water turns into gold
Water is now more valuable than land and many farmers are selling their allocations to stay afloat. ...... FULL STORY



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