The APVMA has emerged as a surprise winner in the federal Budget, with an $8.7 million funding boost welcomed by industry after years of concerns about the regulator’s performance and resourcing.
Money
Farmers exempted from new Trust Tax
Primary producers have been exempted from the federal government’s new discretionary trust tax reforms, after farm groups warned family farm succession could be put at risk.
Regional Australia braces city-biased budget
Regional Australia is bracing for a tough federal budget night, with Inland Rail axed north of Parkes and local leaders warning the regions are being left behind while billions flow to city projects.
‘Need to do more’: PM flags housing changes in budget
The upcoming federal budget will be one of reform, the prime minister has insisted, despite accusations of broken election promises.
Armidale’s BackTrack winners in Australia Post community grants
Armidale’s BackTrack Youth Works is among NSW organisations sharing in Australia Post grants supporting mental health and disaster recovery.
Family trusts in Treasurer’s sights as farmers warn of regional fallout
Proposed changes to how family trusts are taxed are shaping as a key battleground in next week’s federal budget, with a 30% tax to be proposed despite failing many times before.
Inland Rail axed, local projects in limbo
The federal government’s cost cutting ahead of the budget will include axing of the Inland Rail project already under construction, with the shocks to be felt keenly in the New England.
RBA lifts cash rate to 4.35% as oil shock fuels inflation pressure
The Reserve Bank of Australia has lifted the official cash rate to 4.35 per cent, delivering a third consecutive interest rate hike
Armidale student awarded $5,000 Real Futures Grant
An Armidale medical student has received a $5,000 national grant recognising her work to improve healthcare access in rural Australia.
Bank branch closures costing regions $1b and 4,000 jobs, alliance warns
Nearly 900 bank branches gone, 4,000 jobs lost. And they say the decline of regional banking is far from over.
