by Freshagenda | Apr 4, 2024 | Australia, News
Annual inflation was steady at 3.4% in the 12 months to February, 0.1% lower than forecast, as measured by the Australian Bureau of Statistics (ABS) monthly consumer price index. Food prices are easing as overall inflation in food and beverages rose 3.6% in the 12...
by Freshagenda | Mar 28, 2024 | Australia, News
Consumer sentiment has weakened according to Westpac-Melbourne Institute index, which fell 1.8% to 84.4, from the February reading. The 12-month outlook for the economy was down 4.5% and the 5-year outlook rose 1.1%. The measure for household finances also fell 1.4%...
by Freshagenda | Mar 28, 2024 | Australia, Weather
The Bureau of Meteorology’s (BoM) latest long-range forecast for April to June is for below average rainfall in large parts of the south and east of Australia with warmer than usual days and nights across most of the country. High streamflows are forecast for most...
by Freshagenda | Mar 21, 2024 | Australia, Forecast
Australia’s milk supply will end the current season 2.6% ahead of the prior season according to Rabobank while 2024/25 intake is expected to grow in the range of 3-4%. Favourable weather conditions with record rainfall from the spring and into January 2024 are...
by Freshagenda | Mar 21, 2024 | Australia, News
Average price per hectare of broadacre farmland has more than doubled in the ten years to 2023. That’s the latest reading from ABARES Farmland Price Indicator. Farmland values peaked in 2022 at $9,576ha, with an average annual growth rate of more than 10% in the past...
by Freshagenda | Mar 14, 2024 | Australia, News
Agriculture minister Murray Watt says farmers operating outside developing government regulation and policy regimes and supply chain and banking frameworks will likely punish themselves by potentially losing access to markets and finance. The Department of...
