Even without Trump's tariffs, Australian farmers are losing out on billions of dollars

 When Donald Trump announced the US would impose a blanket tariff of 10 per cent on Australian imports earlier this year, a commotion ensued.

The president's so-called "liberation day" sent a wave of grievance through the farm sector, having not-long emerged from years of punitive trade disruptions imposed by China.

The prospect of an importing nation charging an additional tax threatened a major hit to the hip pockets of those trading into the world's largest economy (by GDP) and, in turn, its markets.

To read more, click here- https://www.abc.net.au/news/2025-09-26/non-trade-barriers-trump-australian-farmers/105820528



Comments

Post a Comment

Popular posts from this blog

The ATO Raises Alarm Over $100 Billion in Unpaid Debt

Image
The Australian Taxation Office (ATO) has raised a significant alarm regarding over $100 billion in unpaid debts, marking the highest level ever recorded. Commissioner Rob Heferen highlighted that this staggering figure represents approximately one-sixth of the total tax collections from the previous financial year. The unpaid debts include crucial components like pay-as-you-go (PAYG) taxes and outstanding superannuation contributions, which have ballooned in the wake of challenges posed by the COVID-19 pandemic. With a debt collection goal aimed at ensuring fairness in the tax system, Heferen emphasized the ATO's commitment to tightening measures against unpaid GST, PAYG, and super contributions.  For further details:  https://www.business2sell.com.au/blogs/evaluation/the-ato-raises-alarm-over--billion-in-unpaid-debt
Read more

The Importance of Work-Life Balance: Tips for Avoiding Burnout

Image
Maintaining a healthy work-life balance is essential for overall well-being and productivity. With the increasing demands of modern work environments, it's crucial to implement strategies to avoid burnout. Prioritize time management by setting clear boundaries between work and personal life. Schedule regular breaks and make time for hobbies, exercise, and social activities to recharge. Practice mindfulness and stress-reducing techniques such as meditation or deep-breathing exercises. Communicate effectively with your employer about workload and expectations to ensure they are realistic. Foster a supportive work environment by encouraging open dialogue and mutual respect among colleagues. Embrace flexibility where possible, such as remote work or adjustable hours, to accommodate personal needs. Lastly, remember to disconnect from work during off-hours to fully engage in personal time. By integrating these tips, individuals can achieve a harmonious balance that promotes both professi...
Read more

Australians sent into panic as authorities issue tsunami warning – then say it was just a test

Image
A brief panic gripped parts of eastern Australia on Wednesday after the national weather bureau sent a tsunami warning to thousands of residents. People along the New South Wales and Queensland coast received the Bureau of Meteorology warning, sent shortly after 11.30am, reading: “tsunami warning” and giving the location of the user. App users were informed that a tsunami was approaching, caused by an 8.2 magnitude earthquake off the west coast of New Zealand. For further details:  https://www.theguardian.com/global/2024/sep/25/bom-tsunami-warning-australia-test-nsw-qld
Read more