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NEWS
UPDATED 30 APRIL 2007
INDEXNOV 06DEC 06JAN 07FEB 07MAR 07APR 07LATEST

30 Nov 2006 | Single desk may stay in some form
There is likely to keep a reformed version of the so-called single desk wheat export system rather than moving to a totally deregulated system. ...... FULL STORY

29 Nov 2006 | AWB to split
AWB will announce plans today to quit the wheat export market by spinning off AWB International, the company's wholly owned subsidiary that controls the single desk. ...... FULL STORY

28 Nov 2006 | Eleven AWB execs recommended for criminal charges
Eleven current and former executives of AWB are to be investigated for criminal charges for the actions in organising the payment of kickbacks to Iraq in connection with the export of Australian wheat. ...... FULL STORY

28 Nov 2006 | Agribusiness customers slash investment
Banks face a tough test of their expansion strategies in the agribusiness sector, with news yesterday that farmers are planning a massive cutback in investment over the next 12 months. ...... FULL STORY

27 Nov 2006 | Stock squad a sign of the times
The police stock squad in New South Wales now has 32 officers, up from two six years ago. ...... FULL STORY

24 Nov 2006 | 560 cane farmers benefit from sugar aid
Only 560 sugar cane farmers ever received financial assistance from the federal government under a package designed to cut the number of growers. ...... FULL STORY

23 Nov 2006 | Sugar levy dropped
The three cent a kilogram levy on sales of sugar cane will be scrapped at the end of November. ...... FULL STORY

23 Nov 2006 | AWBI defends single desk
AWB International, which holds the right of veto over wheat exports by any entity other than AWB, said the single desk system allowed AWB to realise price premiums of $16 per tonne above comparable grades in the international market in the 2003/04 pool. ...... FULL STORY

23 Nov 2006 | AWB profit dives
Wheat exporter AWB said profit fell 68 per cent to $58.1 million, due to the drought as well as lost sales and huge costs associated with the Cole inquiry and Iraqi kickbacks. ...... FULL STORY

22 Nov 2006 | AWB lobbies for slow transition to free market
AWB has accepted the loss of the so-called single desk, which has protected its monopoly and is now preparing for what it hopes will be an orderly transition to full deregulation of the market... ...... FULL STORY

22 Nov 2006 | Wimmera harvest a write-off
A survey of 962 Wimmera paddocks by the Primary Industries Department found only 24 per cent of paddocks were harvestable at an average of up to one tonne a hectare, 43 per cent were not harvestable and three per cent had been cut for hay. ...... FULL STORY

21 Nov 2006 | NFF seeks subsidies for farmers as environmental custodians
The National Farmers Federation wants farmers to be paid for the environmental work they do on their properties and are pushing for policies to manage droughts. ...... FULL STORY

20 Nov 2006 | Final veto for AWB
AWB will lose its power to veto grain exports, though some other statutory authority may have the power to allocate, or at least veto, grain exports. ...... FULL STORY

17 Nov 2006 | Water outlook dire on lower Murray
The South Australian government said that the water storage in the upper Murray River may be virtually empty by May if it did not rain. ...... FULL STORY

14 Nov 2006 | No water cuts planned south of the Murray
Goulburn Murray water said it had no plans to cut the existing allocation of 95 per cent for farmers, and said it adopted more conservative methods of assessing available water than in New South Wales. ...... FULL STORY

14 Nov 2006 | Goulburn water prices double in three months
The price of water in the Goulburn system reached $605 per megalitre last week, up $50 a week and twice the price of water in August. ...... FULL STORY

14 Nov 2006 | No need to exaggerate impact of the drought: RBA
The Reserve Bank of Australia said the current drought was not as bad as the drought of only four years ago, and nor was the drought any worse than those of the late 1890s and early 1900s, the 1940s or early 1980s. ...... FULL STORY

10 Nov 2006 | Smut fungus found further north
The Department of Primary Industries detected the fungus disease smut on a sugar cane a farm at Farleigh, north of Mackay. ...... FULL STORY

8 Nov 2006 | Green light for interstate water trading
Permanent water trading between NSW, Victoria and South Australia will begin on January 1 next year. ...... FULL STORY

8 Nov 2006 | Rural businesses qualify for drought aid
The federal government extended "exceptional circumstances" payments to businesses that derive at least 70 per cent of their income from farming. ...... FULL STORY

7 Nov 2006 | Indonesia may cease purchases of Australian wheat
Indonesian buyers of Australian wheat warned the federal government that unless it dismantles AWB's monopoly over wheat exports they may source $1.3 billion of imports from other markets. ...... FULL STORY

7 Nov 2006 | Murray Irrigation short of water
Inflows into the Murray River this year are at a record low at 550 gigalitres compared with a long-term average of 1120 gigalitres. ...... FULL STORY

6 Nov 2006 | Snowy Hydro expects minimal summer flows
Snowy Hydro does not expect to release sufficient water this summer to meet minimum flow requirements. ...... FULL STORY

6 Nov 2006 | NSW suspends water trading
The New South Wales government suspended water trading in the Murray and Murrumbidgee catchments. ...... FULL STORY

2 Nov 2006 | First tenders for Murray water buyback
The federal government tenders have been requested for the buyback of water entitlements on the River Murray, but will apply only to water saved through efficiency measures. ...... FULL STORY

1 Nov 2006 | Farm levies waived in western NSW
The New South Wales Government waived 2006/07 water access charges to irrigators on the Lachlan River. ...... FULL STORY

1 Nov 2006 | HomeGrown out of business
Australian HomeGrown entered voluntary administration after food companies declined to support plans to adopt new food labelling standards. ...... FULL STORY



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