BUSINESS NEWS AND ARTICLES

Agricultural trade during COVID-19 & beyond

  • July 2, 2020
  • FENCiT
Australia's agriculture exports have stayed strong during COVID-19 despite disruptions to supply chains and logistics. Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has confirmed in their Analysis...

Employment falls by a further 227,700 in May 2020

  • June 18, 2020
  • FENCiT
Seasonally adjusted employment decreased by 227,700 people between April and May 2020, according to the Australian Bureau of Statistics (ABS). Bjorn Jarvis, head of labour statistics at the ABS, said:...

Instant asset write-off a boost when most needed

  • June 9, 2020
  • FENCiT
"The announcement by the Treasurer of an extension of the Instant asset write-off for businesses with turnover of less than $500 million is a sensible forward-looking measure," Innes Willox, the...

Who’s afraid of the big bad debt?

  • May 4, 2020
  • FENCiT
Are you terrified of Australia’s ballooning debts and deficits? You can strike that off your list of fears. New analysis by Deloitte Access Economics shows that the budgetary impact of...

Survival mode for family businesses

  • May 4, 2020
  • FENCiT
Australia is facing an unprecedented health and economic crisis which is testing the resilience of its businesses, large and small. Family businesses represent a significant sector of our economy. Robert...

Improvements in business practice an unexpected benefit of pandemic response

  • May 4, 2020
  • FENCiT
Higher work productivity and efficiency of solutions in supply-chain management as well as machinery maintenance in the mining and construction industries are likely to become permanent outcomes of response to...

Strong domestic cattle market to counter global pandemic

  • April 27, 2020
  • FENCiT
Extreme opposing forces will dominate the Australian cattle market in 2020, with limited supply and strong local demand driving prices, but tempered by the global COVID-19 disruption, according to Rabobank’s...

$140 million to boost critical industries damaged by bushfires

  • April 21, 2020
  • FENCiT
The NSW Government announced a $140 million Bushfire Industry Recovery Package to support forestry, horticulture and agriculture industries impacted by the recent bushfires. NSW Premier Gladys Berejiklian and Deputy NSW...

Support measures to assist those affected by COVID-19

  • April 20, 2020
  • FENCiT
The Australian Taxation Office (ATO) will implement a series of administrative measures to assist Australians experiencing financial difficulty as a result of the COVID-19 outbreak. Commissioner of Taxation Chris Jordan...

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