Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 209 results for "drought"

Several black holes in budget

KARREN VERGARA  |  WEDNESDAY, 7 OCT 2020
... tweeted. In his opening speech, Frydenberg said Australians have been tested like never before, as a result of "flood, drought, fires, and a global pandemic," but failed to invest in managing climate change. Budget estimates show $3.5 billion will be ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... circumstances around this budget are unlike any other since the Second World War. It's also easy to forget the impact of drought and bushfires which had a jarring impact on the economy long before the pandemic took hold." Meanwhile, the Australian Banking ...

Frydenberg bets on infrastructure for recovery

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... replanting and replacing damaged on-farm infrastructure. "This is in addition to the government's $5 billion Future Drought Fund, which will build Australia's capability to plan and prepare for future droughts," he said. The Murray-Darling Basin ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... from $90,000 to $120,000. Regional Australia will receive $2 billion in concessional loans to help farmers overcome the drought, while also seeing a further $350 million to support regional tourism and $317 million for Aussie exporters to continue accessing ...

NAB recruits 500 in hiring spree

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... such as agriculture where we lend $1 in every $3 to Australian farmers and where we have seen a surge in activity amid drought-breaking rains and higher livestock prices."

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
... for over 100 years. The industry played a pivotal role leading communities through the recent bushfire crisis and the drought - in the same way clubs have supported returned servicemen and women since WWI." ClubsNSW said its focus would be on ensuring ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... they couldn't spend on and if they could, there's nothing to buy because of disruptions to the supply chain. The drought and bushfires already raised the likelihood of a negative first quarter 2020 for Australian GDP, the coronavirus guarantees ...

Stability needed: Maroney

ELIZABETH MCARTHUR  |  MONDAY, 24 FEB 2020
SMSF Association chief executive John Maroney gave a final address to the association's annual conference, calling for stability and engagement amid industry change. Closing out the conference on Friday, Maroney referred to the recent bushfire crisis ...

Costs spiral for baby boomers

ALLY SELBY  |  TUESDAY, 18 FEB 2020
Aussie retirees will have to fork out an extra $1292 a year to live comfortably, and they have the drought and rising house prices to blame. The Association of Superannuation Funds of Australia (ASFA) found that over the year to the December quarter ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
Drought, bushfires, coronavirus are among the risks Reserve Bank of Australia governor Philip Lowe nominated when he testified before the House of Representatives Standing Committee on Economics on the February 7. One day later, and Lowe would have ...