Trade

In the 1930s, Winston Churchill warned that Europe was sleepwalking into danger. Across the chamber, Neville Chamberlain insisted all would be well. “Peace in our time,” he said—a comforting line, right up until Hitler crossed into Poland. We are seeing a modern version of that same delusion play out today.

The Cook Labor Government is entering an agreement to purchase an additional 8 million litres of diesel for Western Australia's strategic stockpile.

The economic impact of the conflict in the Middle East is and will continue to have wide ranging impacts on all facets of Australian society with costs increasing due to the nation’s reliance on trucks and diesel ... 71 years later, current owner Robert Blanchard said the industry is facing its toughest times in decades and his first diesel delivery since the Middle East crisis erupted was $68,000 more than in early March.

Under the Albanese Government’s new Strategic Reserve powers, a further 200 million litres of additional diesel for Australia has been secured, and work has commenced with leading fertiliser companies to secure more supply at this critical time in the growing season.

The shortages caused by attacks on Iran by Israel and the US have massively increased interest in the Territory’s huge gas reserves as well as several minerals. This is clearly the main talking point at the Annual Geoscience Exploration Seminar (AGES) this week in Alice Springs which may become the base for a major mine.

At a time when Australian farmers are facing a major fertiliser squeeze, Canberra has decided the priority is not supply, not affordability, and not domestic resilience—but underwriting a green ammonia export dream ... while farmers are being told to accept decile 10 nitrogen prices, or even decile zero availability, taxpayers—including those same farmers in the years they make money—are being lined up to help fast track a plant that will help foreign farmers access fertiliser.

Today, Australia and the UK have signed an Investment Partnership to further unlock superannuation and pension capital investment between our countries. This new agreement will help to secure more two-way investment in jobs and industries and strong returns for investors from both countries.

The Albanese Labor Government is helping to get fertiliser to Australian farmers faster with the introduction of streamlined border processes for imported fertiliser that does not compromise on biosecurity. These changes, which have been established in consultation with Fertilizer Australia, will reduce costs, reduce port clearance times, lower administrative burdens and ensure the safety of fertiliser prior to shipping. 

A new national Faba Bean Breeding Program will provide growers with improved higher-yielding varieties of faba beans with better disease resistance, quality traits and adaptation across Australian growing regions. Australia is the world’s largest exporter of faba beans, supplying around one-third of global trade, with key markets including Egypt, the Middle East, North Africa and Southeast Asia.

WAFarmers consistently advocated to the Federal Government during its consultative process on the phase out of live sheep exports, including in our 2023 submission that this decision would be significantly detrimental to the Western Australian wool industry. We hate to tell you that we told you so! Three years on, we are seeing that prediction become reality.

Recent rains have given Aussie farmers a valuable head start on sowing this season’s winter crop, but higher freight, fuel, and fertiliser costs are squeezing margins across the country, Bendigo Bank Agribusiness’ latest Monthly Commodity Update outlines.

Regional Cities New South Wales (RCNSW) says the Minns Government’s final Budget before the election is a defining moment to address the growing inequity facing regional communities, inequity now being accelerated by the growing national fuel crisis ... RCNSW’s 2026–27 Pre-Budget Submission highlights a widening gap between rapid regional population growth and the infrastructure needed to support it.

As Australians grapple with current fuel price hikes and supply challenges, a new report highlights the key role the nation’s canola could play as a biofuel in future energy transition and fuel security.

More than 1.2 million litres of diesel every week could be back in the hands of our truckies and farmers if we had CopperString to Mount Isa, Robbie Katter, Katter’s Australian Party (KAP) Leader, and Member for Traeger has said. A survey of power-isolated mines in the North West Minerals Provence has revealed 13 triple road trains a week are needed to generate on-site electricity...

Australia has just signed up to a free trade agreement with the European Union, which is being sold—predictably—as a great leap forward for the inner city consumer ... Out in the paddock, however, the mood is less celebratory. Because the small print tells a more familiar story. Australian once again, signed a deal where farmers pay the costs.

The Finocchiaro CLP Government has enacted the Price Exploitation Prevention Act for the first time, since its inception in 1949, in an unprecedented move to manage the on-going fuel crisis.

Following a meeting of the National Cabinet ... the Australian Government will halve the fuel excise on petrol and diesel for three months ... is acting to shield Australia against any future fuel supply chain disruptions, by establishing new fuel security powers, enabling government to work with fuel suppliers to keep fuel flowing to Australia.

As the Iran–USA–Israel conflict ripples through global fertiliser markets, Western Australian farmers are discovering just how fragile their supply chains really are. At the centre of it is CSBP, which has reached for the force majeure clause in its contracts to step away from its contractual obligations.