In recent years, businesses have benefited from generous Temporary Full Expensing measures. However, they will need to adjust to new rules that have taken effect as of 1 July 2023. In some cases, businesses may even have to hand back some of these benefits.
Tag Archives: Industry Update
Improved Margin Outlook for Australia’s Upcoming Winter Crop – Rabobank
Australia’s grain growers are looking to improved prospects in the season ahead, with 2024/25 gross margins set to increase on the back of a lower cost of production, Rabobank says in newly-released research report.
Summit Fertilizers N-Shield Range
Summit have recently been trialling the application of a urease inhibitor to granular Urea and are introducing the N-Shield range to their product offering with further trails planned around the state for 2024.
Nitrogen source in wheat, Dandaragan
Summit Fertilizers results from Dandaragan trials comparing some available nitrogen (N) products, all at one rate, to evaluate any differences and potential benefits.
Banding potassium increased profits from K fertiliser at Wyalkatchem
A CSBP trial near Wyalkatchem in 2023 showed that banding K-Till Extra on its own or with muriate of potash (MoP) at seeding was superior to topdressing MoP either pre- or post-seeding.
Carbon farming funding opportunities
In response to the transition to net zero, governments are making funds available to farmers and landowners to implement carbon farming projects.
Australian agriculture “moving confidently into 2024” – Rabobank annual outlook
Australia’s agricultural sector is “moving confidently into 2024”, with an overall positive outlook for the nation’s farmers and agribusiness industries in the year ahead, Rabobank says in its newly-released annual outlook.
CBH Group Harvest Wrap 2023/24
The CBH Group officially marked the end of the 2023/24 harvest in Western Australia on 15 January, with growers across the state delivering 12.5 million tonnes of grain into the network.