News & Views

BUSINESS INVESTMENT ALLOWANCE BOOSTED    08-Dec-2008,  --- The Federal Government has announced a 10 per cent temporary investment allowance - in the form of an additional tax deduction - which they hope will encourage important capital investment by Australian businesses.

PAYG CHANGES ANNOUNCED FOR FEBRUARY 2009    07-Dec-2008,  --- The Federal Government has announced cuts to the quarterly pay-as-you-go (PAYG) instalment payable on 21 January 2009 or 28 February 2009 by 20 per cent.

GLOBAL FINANCIAL CRISIS WEAKENS COMMODITY EXPORT EARNINGS    06-Dec-2008,  --- Australia's commodity export earnings are forecast to be $192 billion in 2008-09 according to ABARE.

DROUGHT AND REDUCED FINANCIAL RETURNS AFFECT WINE GRAPE GROWERS IN THE MURRAY VALLEY/ BAROSSA REGION    04-Dec-2008,  --- Drought conditions negatively affected wine grape yields in the Murray Valley and Barossa regions in 2006-07 and contributed to a decline in regional farm financial performance.

TRACTOR SALES CONTINUE AT STRONG LEVELS    18-Nov-2008,  --- The remarkable strength of the tractor sales market continues across Australia according to sales figures as at the end of September.


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