If the headline to this article sounds ridiculous, you are correct. But this figure is symptomatic of the problem faced by Tony Abbott and Agriculture Minister Barnaby Joyce in setting new policy directions for Australian agriculture from their current inquiry into agricultural competitiveness. Agriculture Minister Barnaby Joyce. In recent times, our governments have been told…
The white-anting of Australian industries has been caused partly by the abnormally high exchange-value of the Australian dollar in terms of other currencies. The dollar’s value has been driven upwards by the resources boom and high interest rates. Ask any farmer, car industry executive or any owner of a manufacturing business across the country: what…
The Coalition government has yet to develop an economic strategy in the face of major industries terminating their operations in Australia. Air Vice-Marshal (Retd) John Blackburn AO. Ford, Holden and Toyota have announced that they will be shutting down car manufacturing in Australia. Soon, Alcoa will have closed two of its six aluminium-refining plants, and…
Calls for an Australian reconstruction and development bank to take the risk out of $7 billion in bad farm debt has been supported by federal Agriculture Minister Barnaby Joyce. Further, Senators Nick Xenophon (Independent, South Australia) and John Madigan (DLP, Victoria) have introduced a bill prepared to establish an Australian reconstruction and development bank (ARDB),…
