Covid Bank Loan Deferrals

Banks are offering a support package, available to all small businesses and home loan customers significantly impacted by current lockdowns or recovery from recent lockdowns, irrespective of location or industry. Business banking repayment deferrals Up to 3 month repayment deferrals, with loan terms extended accordingly Offered to all small business customers (business lending less than

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Biosecurity Threat of Seeds in the Mail

A range of vegetable and fruit viruses have been detected in seeds from overseas, demonstrating the significant biosecurity risks that illegal seed imports can pose. Australian Chief Plant Protection Officer, Dr. Gabrielle Vivian-Smith, said a variety of seeds were imported for testing and research purposes, and the majority carried viruses of concern. Seeds are the most

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Rural Bank Australian Agriculture Mid-Year Outlook

Bonus beneficial winter weather may have put a smile on some horticulture producers’ faces, but it’s the uncertainty around labour that continues to shove price predictions around the most, according to Rural Bank’s Australian agriculture mid-year outlook.  The report analyses the performance of six industries – cattle, cropping, dairy, horticulture, sheep, wool and the broader

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APRA Announces Further COVID Loan Support

he Australian Prudential Regulation Authority (APRA) has announced a temporary regulatory treatment for loans impacted by COVID-19, meaning that for eligible borrowers, the banks will not treat a repayment deferral as a loan restructuring or the period of deferral as arrears. In July, the Australian Prudential Regulation Authority (APRA) announced regulatory support for banks offering temporary

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