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Costa Group Investment Comes to Fruition

Investment in increased operations capacity is supporting a return to growth for Costa Group, with the company to benefit from expanded production coupled with a strong pricing environment

The commodities feed: Omicron uncertainty lingers

Australian farm sector approaches $100 billion output target

Australian farm sector approaches $100 billion output target
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Australia cautious of international trade conditions despite reaching best year for agriculture production

Australia cautious of international trade conditions despite reaching best year for agriculture production Australia s peak agriculture industry body, the National Farmers Federation (NFF) says the latest production figures forecast this year to be the sector’s best on record. The NFF has set a target of achieving $100billion in farmgate value for Australian agriculture by 2030, and speaking at the ABARES Outlook 2021 conference, President Fiona Simson admitted that on current trajectory estimates there could possibly be a $16billion shortfall. However, spirits were boosted when the Australian Bureau of Agriculture and Resource Economics and Science released its forecasts, which show farm production to total $65.9 billion in 2020-2021, driven by strong commodity prices and improved seasonal conditions.

Coalition quietly adds fossil fuel industry leaders to emissions reduction panel

Last modified on Fri 22 Jan 2021 14.02 EST The Morrison government has quietly appointed fossil fuel industry leaders and a controversial economist to a committee responsible for ensuring the integrity of projects that get climate funding. Critics have raised concerns about whether some appointees to the Emissions Reduction Assurance Committee may have a potential conflict of interest that could leave its decisions open to legal challenge. The overhaul of the committee follows the government indicating it plans to expand the industries that can access its $2.5bn emissions reduction fund, including opening it to carbon capture and storage (CCS) projects by oil and gas companies.

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