Instant asset write-off a resilience booster for farmers during drought
The National Farmers’ Federation (NFF) has welcomed the passing of legislation to extend the $20,000 instant asset write-off for another year. “The instant asset write-off is an effective way to assist farm businesses to build resilience by incentivising investment in farm equipment and machinery valued at $20,000 or less,” NFF President Fiona Simson said. “At […]
Farmers welcome bipartisan support for CPTPP
The National Farmers’ Federation (NFF) has welcomed Labor’s support for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Borne out of the embattled TPP, the CPTPP will reduce and eliminate tariffs on a range of agricultural products, including red meat, cereals, dairy and wine. NFF President Fiona Simson said greater market access was key […]