Not all sweet on sugar levy

Article Abstract:

Australia's food and beverages industries are protesting against a levy on domestic sugar that was introduced in 2003 to offer sugar cane growers incentives to diversify into other crops. However, sugar, which used to be US 8 cents a pound at the time is hovering around US17 cents. This price makes any restructuring packages from the government an unattractive option. So the industries are seeking removal of the levy.

Financial management, Beverages, FOOD AND KINDRED PRODUCTS, Sugar and Confectionery Products, Taxes, Sugarcane and sugar beets, Taxation, Finance, Food industry, Beverage industry, Sugar industry, Tax policy, Company financing, Food and beverage production/distribution software

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Farmers optimistic

Article Abstract:

The positive economic outlook for Australian farmers, following higher agricultural product prices and decline in dollar value, is presented.

Forecasts, trends, outlooks, AGRICULTURAL PRODUCTION--CROPS, Agricultural industry, Economic aspects, Forecasts and trends, Market trend/market analysis, Farmers, Dollar (Australia), Farm produce, Agricultural products, Industry forecasts

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