Tiny fruit fly sours Australia's big ambitions in agriculture
The Queensland fruit fly is causing headaches for would-be fruit exporters. Pic of Queensland fruit fly supplied by DPI victoria ... A tiny fruit fly is undermining Australia's efforts to grow its $4 billion fruit and vegetable exports, despite the country reaching a series of free trade agreements with its largest trading partners in Asia.Australia sealed trade agreements with China, Japan and Korea last year - deals that guaranteed a significant reducti..>> view originalPost-Easter property listings, sales unlikely to bounce ahead
Pushed $1 million above reserve to sell at $5 million: 26 Sargood Street, Toorak Kay & Burton Tougher credit rules and economic uncertainty mean residential property markets will get less of a post-Easter bounce this year.While in past year the auction numbers have jumped following the Easter long weekend, agents say fewer investors, along with ongoing affordability challenges in Sydney and concerns about commodity prices and overseas demand wi..>> view originalAussie market tipped for modest rise
Doctors call for 'goon bags' to be 'taxed out of existence' due to binge drinking concerns
Aussie doctors call for greater tax on cheap wine. (AAP) Australian doctors have urged the government to tax cheap casks of wine, or ‘goon bags’, on volume, rather than value, in an effort to limit sales and curb the scourge of binge drinking.The Royal College of Australian Physicians believes the cheap wine is being abused by underage drinkers and is contributing to the expanding health budget spent on alcohol-related incidents that are preventable.The college is pushing for the government to ..>> view originalAsian shares up, US dollar firm on US data
Australia's ghost suburbs a 'national scandal'
Investors are snapping up Sydney homes and leaving them empty.“PERVERSE” tax incentives are encouraging investors to leave tens of thousands of homes empty in Australia’s most desirable suburbs, adding fuel to the housing affordability crisis, new research has suggested.The analysis by the University of Sydney’s City Futures Research Centre compared the 90,000 vacant dwellings across metropolitan Sydney — as of the 2011 census — with the rate of return investors made by renting out a property.Th..>> view original
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