IMMEDIATE council rate and pastoral lease rent relief will be granted to SA farmers, after the state government announced a $21 million drought relief package.
Robert Spurway, Fonterra chief operating officer, will head up the GrainCorp business if it gets approval to offload its malt business.
Namoi Cotton reduces head office numbers by almost half and restructures ginning and grower services jobs in NSW and Queensland.
The total value of Australia's cropping exports is expected to drop to levels not seen for at least five years due to the drought.
South Australia is no closer to a resolution to end the ban on the cultivation of GM crops after an ALP compromise proposal was rejected.
Farmers and agribusiness leaders from around Australia were in Auckland to mark the 20th anniversary of Rabobank's leadership awards.