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According to Australian law, the excise duty rates levied on alcohol are subject to biannual indexation, with adjustments made in accordance with the upward trajectory of the Consumer Price Index (CPI).
Australian wheat and barley producers faced challenges during difficult seasonal conditions in most major production regions.
Early seasonal conditions for the MY 2024/25 citrus crop have been very favorable. Along with expansion in production area, growers anticipate an improvement in production and the prospect of high-quality fruit production. Orange production is expected to increase five percent to 545,000 metric tons (MT) from the prior’s year estimate, the highest over the last two decades.
The Australian Minister for Agriculture has announced the establishment of a new “Biosecurity Futures” group to provide advice directly to the government on issues of relevance to the Australian....
Australia’s table grapes production is forecast to reach 200,000 metric tons in 2018/19, up almost 18 percent from the previous year.
Australia is a prosperous and industrialized nation with a stable economy.