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Futuris cuts forecast, changes name to Elders
1/12/2008 |
Futuris Corporation has foreshadowed a further earnings downgrade and a small profit loss this financial year in announcing a major restructure in which it well sell $350 million worth of assets and rebrand the company as Elders.
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AWB, ABB merger must benefit ...
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Big rate cut looms as deflation ...
Agribusiness and General
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Finance
Big rate cut looms as deflation the new risk
1/12/2008 |
The possibility of a deeper rate cut from the Reserve Bank has gathered pace, with the possibility of deflation emerging as the latest threat from the global financial crisis.
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Investors welcome AWB, ABB talks
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Heavy rain, flash floods in ...
Agribusiness and General
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Finance
Investors welcome AWB, ABB talks
30/11/2008 |
Shares in AWB and ABB Grain have surged since the two companies confirmed they were in talks about a possible merger that would create an agribusiness giant.
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AWB and ABB merger talks are ...
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AWB, ABB merger 'would benefit ...
Agribusiness and General
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Finance
Heavy rain, flash floods in northern NSW
30/11/2008 |
Heavy rain on Friday night and early Saturday morning brought widespread flooding around the big NSW country town of Tamworth and the surrounding farming country.
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Comments
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Agribusiness and General
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Finance
Hans administrators: 'It's business as usual'
28/11/2008 |
Mark Mentha, Brian McMaster and John Park of KordaMentha have been appointed voluntary administrators to the Hans group of companies, one of the largest producers of ham and processed meat in Australia.
Agribusiness and General
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Finance
GrainCorp thrown into AWB, ABB merger mix
28/11/2008 |
Rival grain operators AWB and ABB Grain are in merger talks with an eye to creating a $2.3 billion giant dominating the nation's agriculture export markets.
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New govt report endorses GM ...
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New govt GM report 'valuable ...
Agribusiness and General
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Finance
Farming soil and wetlands among govt target investments
28/11/2008 |
Improving soil condition on farming land and stepping up the protection of important wetlands are among the top initial priorities in the Rudd Government’s $2.25 billion investment plan for managing Australia’s natural resources.
Agribusiness and General
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Finance
AWB and ABB merger talks are official
28/11/2008 |
Rumours floating around about a merger between AWB and ABB have proved to be on the money.
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AWB, ABB Grain merger 'would ...
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Elders to cut head office jobs ...
Agribusiness and General
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Finance
Elders to cut head office jobs by 5pc
27/11/2008 |
Elders Rural Services has confirmed a reduction of 140 positions or approximately 5pc of the company’s Australian workforce. These job losses affect people working at the company’s head office in Adelaide and at other support centre locations across Australia.
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Telstra bends the rules on ...
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Australia will avoid recession: ...
Agribusiness and General
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Finance
Australia will avoid recession: OECD
26/11/2008 |
Australia will avoid a recession next year, one of only a handful of developed countries whose economy will continue to grow, a leading global think tank says.
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ABB posts $48.8 million net profit
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World leaders fail to budge WTO ...
Agribusiness and General
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Finance
ABB posts $48.8 million net profit
25/11/2008 |
ABB Grain has recorded a $48.8 million full-year net profit after tax, including strong contributions from all business sectors.
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Wong neglects water infrastructure
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Tas bans GM crops until 2014
Agribusiness and General
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Finance
World leaders fail to budge WTO ag impasse
25/11/2008 |
Despite the promise by world leaders in recent days of a renewed push to finalise a deal at the World Trade Organisation before Christmas, there is still no country willing to give ground in the crucial - and stalled - agriculture negotiations.
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Interest rates in free fall as ...
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Canadian firm bids for ...
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World leaders fail to budge in ...
Agribusiness and General
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Finance
Interest rates in free fall as crisis hits bank
25/11/2008 |
The Reserve Bank is tipped to cut rates by up to 125 basis points next week before they are predicted to fall to almost 50-year lows by Easter as the global financial crisis tightens its grip.
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Don't undervalue soil carbon
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Anxious banks force farms onto ...
Agribusiness and General
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Finance
Singing shearer makes the cut to Idol final
20/11/2008 |
Luke Dickens' family in Canberra erupted with joy earlier this week after he was named one of the two finalists to compete in Sunday's Australian Idol grand finale at the Sydney Opera House.
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How Australia made movie stars ...
Agribusiness and General
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Finance
GrainCorp posts $20m loss
20/11/2008 |
GrainCorp has posted a $19.9 million after tax loss for the full year to September 30, but the company maintains the result was expected.
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Relay crops pass water baton
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Rush on as farmers buy up headers
Agribusiness and General
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Finance
Warning against "gloomy talk" on the economy
20/11/2008 |
Reserve Bank governor Glenn Stevens has insisted Australia is better placed than most countries to defend itself against the global crisis. He warns against "gloomy talk" on the economy, despite concerns about the possibility of a recession.
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Reserve set to cut rates again
Agribusiness and General
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Finance
AWB posts $64.3 million profit
19/11/2008 |
AWB has this morning announced an increased in its net profits by 137pc to $64.3 million for the year to September 30.
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Investors take a fancy to CSR ...
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Food price blame game targets ...
Agribusiness and General
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Finance
Reserve set to cut rates again
19/11/2008 |
The Reserve Bank board will cut at least three-quarters of a percentage point from interest rates when it meets again on December 2, and may even cut by a full point.
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Irrigation allocations remain ...
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Great rain for parts of rural Aus
Agribusiness and General
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Finance
Mayors cashed up with orders to spend now
19/11/2008 |
Kevin Rudd's latest attempt to stave off a recession will manifest itself through such projects as disabled access to the Cootamundra council chambers, restoring a hall in Tumbarumba, and a bus for residents of the northern beaches.
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Rudd to spend millions more ...
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Another Govt committee to ...
Agribusiness and General
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Finance
Farmers unite as axe falls on research
18/11/2008 |
Australia will lose its biggest sub-tropical crop research station if the NSW Government proceeds with plans to close eight agricultural research centres.
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Debt-ridden farmers forced to ...
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ACCC warns fruit growers to ...
Agribusiness and General
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Finance
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Blogs
The 'roo needs revision
26/11/2008 |
If we're serious about roo farming, we'll need to start with a breeding program and kangaroo EBVs for marbling and tenderness.
On wool and warfare
Wool's ugly politics
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