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Rates cut but will farmers reap the benefit?
7/10/2008 |
Hopes that today's 1pc official interest rate cut would be passed on in full to farmers have been dashed, with both the Commonwealth Bank and Westpac announcing they would only be cutting their standard lending rates by 0.8pc.
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Long and short-term rainfall ...
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Global turmoil sends ASX tumbling
Agribusiness and General
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Finance
RBA stuns with massive rate cut
7/10/2008 |
The Reserve Bank has stunned financial markets by announcing a full-percentage point cut - double what analysts had tipped - saying financial markets had taken a "significant turn for the worse".
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RBA shock: Interest rates cut ...
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Shares bounce back into the ...
Agribusiness and General
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Finance
RBA shock: Interest rates cut by 1pc
7/10/2008 |
The Reserve Bank has shocked the market by slashing its benchmark interest rate from 7pc to 6pc.
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Sharemarket meltdown continues
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Drought aid tops $1 billion
Agribusiness and General
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Finance
Shares bounce back into the black on rates news
7/10/2008 |
Australian shares have leapt into the black after the Reserve Bank of Australia lowered its benchmark rate by 100 basis points, double the amount markets were expecting.
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Financial chaos continues
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North-south pipe plugged for ...
Agribusiness and General
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Finance
Global turmoil sends ASX tumbling
7/10/2008 |
Australian markets fell sharply after a slump on Wall Street overnight, as fears about economic growth sent the Aussie dollar to a three-year low.
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Tech company's $50m dairy ...
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Sharemarket meltdown continues
Agribusiness and General
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Finance
Financial chaos continues
7/10/2008 |
Australian investors are strapping themselves in for another horror day of trade, in the wake of massive overnight losses on Wall Street and currency markets.
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Drought aid tops $1 billion
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Bail-out fails to buoy markets
Agribusiness and General
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Finance
North-south pipe plugged for water theft
7/10/2008 |
Theft prevention measures will need to be built into the north-south pipeline following the Government's decision to add fire hydrants to the project's design.
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Comments
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Sharemarket meltdown continues
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Horror bushfire season ahead
Agribusiness and General
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Finance
Sharemarket meltdown continues
6/10/2008 |
Wilting investor confidence sent Australian shares to a three-year low, with the miners and banks leading the falls. But in good news for rural exports, the Aussie dollar fell to two-year lows.
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US economy slump erodes beef trade
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Bail-out fails to buoy markets
Agribusiness and General
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Finance
Bail-out fails to buoy markets
6/10/2008 |
The Australian dollar is being sold off and stockmarkets remain skittish, despite the passage of the $US700 billion bail-out package for Wall Street and the US financial sector.
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Ewes to $86 in cautious ...
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US Senate passes bail-out plan ...
Agribusiness and General
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Finance
Murray water adviser under investigation
3/10/2008 |
The Opposition is calling for the immediate suspension of a member of the Murray-Darling Basin Ministerial Council Community Advisory Committee, who is under investigation for rorting travel expenses.
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Desperate wheat farmers looking ...
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Vic water strategy to spurn ...
Agribusiness and General
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Finance
US Senate passes bail-out plan but ASX closes lower
2/10/2008 |
The US Senate has passed a revised $US700 billion ($890 billion) financial bail-out bill, bringing the rescue plan one step closer to final passage, but the news has failed to stem the bleeding on the Australian Stock Exchange.
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Comments
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Ag stocks rise in share market ...
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Reserve to cut rates by .5pc to ...
Agribusiness and General
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Finance
US farm credit rock-solid despite Wall St crisis
2/10/2008 |
United States farm credit system institutions remain on solid financial ground, despite the upheaval going on in the credit market.
Agribusiness and General
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Finance
Govts must stop distorting the water market: NFF
1/10/2008 |
The National Farmers' Federation is calling on tomorrow's Council of Australian Government meeting to commit to principles for assistance to irrigators in the Murray-Darling Basin and prevent any further ad hoc drought responses on a State-by-State basis.
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Garnaut backs farm carbon ...
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Drought still biggest challenge ...
Agribusiness and General
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Finance
Ag stocks rise in share market fightback
1/10/2008 |
The local share market bounced back strongly today on the back of a 5pc rally on Wall Street overnight and renewed hopes that the US Congress will pass a financial sector rescue bill.
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Share market bloodbath hits ag ...
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Ag futures follow the share ...
Agribusiness and General
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Finance
Reserve to cut rates by .5pc to stave off depression
1/10/2008 |
The Reserve Bank could slash official interest rates by as much as half a percentage point next week in a bid to shield Australia from the biggest worldwide financial crisis since the Great Depression of the 1930s.
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New Futuris CEO hopeful of AACo ...
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Garnaut's latest climate change ...
Agribusiness and General
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Finance
Rudd joins Brown to urge US Congress to pass rescue bid
30/09/2008 |
Prime Minister Kevin Rudd has joined with UK Prime Minister Gordon Brown in urging US leaders to revive the $700b rescue package. But Mr Rudd says strong regulation in the Australian banking and finance sector means the situation here is "the best you could have" compared to other economies.
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Comments
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Farmers borrowing for working ...
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Australian rural lenders remain ...
Agribusiness and General
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Finance
Share market bloodbath hits ag stocks
30/09/2008 |
Agricultural stocks have not been spared in the bloodbath on the Australian Stock Exchange, which fell more than 4pc today, with shares accelerating their losses in the last minutes of trade after they had previously clawed back some of the heavy morning drops.
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Failed bailout slashes US ...
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Financial crisis lifts farm costs
Agribusiness and General
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Finance
Garnaut's latest climate change warning
30/09/2008 |
Tackling climate change is possible and affordable but depends on international agreements that are largely outside Australia's control, concludes the final report of Australia's chief climate change advisor, Professor Ross Garnaut.
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Comments
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Market chaos as $840b bailout ...
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Garnaut to fire for zero ...
Agribusiness and General
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Finance
Market chaos as $840b bailout voted down
30/09/2008 |
The $840 billion ($US700 billion) bailout package has failed to pass the US House of Representatives, a move that is now likely to lead to chaos in world markets.
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Financial crisis lifts farm costs
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Shorthorn takes Melbourne ...
Agribusiness and General
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Finance
Failed bailout slashes US agribusiness share values
30/09/2008 |
Share prices of many US agribusiness companies have taken a hit in a general market melee, after the US House of Representatives defeated a $US700 billion bailout bill aimed at working out what many have called the worst financial crisis.
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Financial crisis lifts farm costs
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Australian rural lenders remain ...
Agribusiness and General
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Finance
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