by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
TAS Country : January 6th 2011
8 Tasmanian Country Friday, January 7, 2011 TFGA tfga.com.au Short-sighted saving for rainy day TFGA matters with Jan Davis The federal funding would have helped to position Australia, already a world leader in harsh climate agriculture, as the focal point in the world for research into climate- risk mitigation.' I AM sure many of you have been watching the reports over the holiday break of the devastation faced by farmers in large parts of north Queensland as they battle to cope with transition from drought to torrential flood --- with very little break in between. Isn't it ironic that, at the same time, the Australian Government has decided that this country does not need a special facility to do specialist research into climate and weather-risk management? The Government has recently decided against funding a proposed co-operative research centre for climate and weather- risk technologies that would collaborate with international partners to develop tools to help industry, business and government agencies mitigate the impacts of extreme weather events in the context of climate change. Here we are talking about the floods, cyclones and extreme heatwaves that cost Australia billions of dollars in emergency responses, social disruption and, of course, lost production. The research centre asked for $37 million as part of its proposed $160 million total budget --- not a huge sum in the circumstances. However, the bid was rejected, despite its proponents claiming it had the potential to deliver a $1.68 billion return over 10 years by reducing the impact of such events. The federal funding would have helped to position Australia, already a world leader in harsh-climate agriculture, as the focal point in the world for research into climate-risk mitigation. University of Southern Queensland climatologist Roger Stone, who led the bid, was quoted in the national press this week as saying government and business decisions in Australia were ''still driven by the expectations of average climate conditions'' despite an extensive body of research showing extreme weather events were occurring more frequently. Federal Science Minister Kim Carr said the bid was rejected on merit, and that one of the favoured bids was for further research into pork production. Yes, a research centre will be important for our struggling pork industry --- and no doubt other successful bids had merit too --- but this is in altogether a different category of investment. The benefits of this proposal would be enormous and would flow right across the Australian community. Allied to this question is the changing nature of Australian farming. Because we are growing more crops and relatively fewer livestock (down from 54 per cent in the 1980s to 47 per cent of agricultural production), we are more captive to these climatic events. You are able to move to livestock, if you are lucky, but once the crop goes into the ground it becomes a rather permanent fixture in the face of a flood or bushfire. Australian Farm Institute executive director Mick Keogh therefore concludes that this move towards crops has left farmers somewhat more exposed to the impact of major weather events. This is just one example of how Australian agriculture is affected by climate variability. The Australian Greens are unhappy with the decision not to support the research centre bid and will be pressing for a review. If not a review, we certainly deserve a detailed explanation of why this was not considered an important research focus. Farmers put trust in tax clarification TAX CHANGES: Bill Shorten THE Tasmanian Farmers and Graziers Association has welcomed the Aust- ralian Government's foreshadowed move to clarify the law applying to the tax on income from trusts. The move had particular application for 23,000 Australian farmers including many in Tasmania, TFGA chief Jan Davis said. ''Adopting the Henry review rec- ommendations, the Government says it will rewrite the rules on income streaming, capital gains and franked dividends distributed by trusts,'' Ms Davis said. ''The major problem had been that the trusts had been placed at a disad- vantage to partnerships and sole traders, particularly in light of some serious implications from the Bamford case in the High Court in March. ''That case concerned the degree to which the income from trusts was assessable.'' The main point that had been clari- fied is that beneficiaries of trusts will be able to continue to use the primary production averaging and farm man- agement deposits provisions in a loss year, she said. ''Farmers welcome the move and also the announcement by Assistant Treasurer Bill Shorten that the Govern- ment will look to simplify the trust system, rewrite the rules and give more certainty to small businesses and far- mers who use trusts.'' 45hp 4WD Compact Tractor TRACTOR, LOADER & LIFESTYLE PACKAGE • Carryall • Single tyne ripper • Grader blade • Howard Nugget Slasher LIFEST YLE PACK AGE DS4510 DS4510 & DS4510HS Specifications 45hp 4WD For ward / Reverse Shuttle (DS4510) Hydraulic Forward/Reverse shuttle (DS4510HS) 8 Forward & 8 Reverse Speeds Power Steering ndependent PTO 2197cc Green Daedong Diesel Engine *Prices valid until 31 January 2010, or while stocks last. Free call 1800 186 866 www.daedongtractors.com.au PFG Australia Pty Ltd KIOTI All Daedong tractors are backed by a comprehensive 2 year factory warranty FREE FREE With purchase of DS4510 VALUED OVER $3800! FREE With every Kioti-Daedong purchase. VALUED OVER $200 0 YEAR ANNIVERSARY KIT DS4510 $28,695* EX GST $31,565* INC GST DS4510HS $30,195* EX GST $33,215* INC GST 8 For ward & 8 ReversP I2 10
December 23rd 2010
January 13th 2011