Garuda expands IPEC freight role in Australia Indonesia
IPEC acts for Garuda as a freight expansion plan unfolds in Australia and Indonesia. Garuda carries about a fraction of Australia Indonesia cargo, while IPEC aims to triple freight volume by year end and push door to door services internationally.
MENTIONED IN THIS ARTICLE
IPEC
Tes
Treight
Gaudi
Wste
Gard
Indones
Carat Garuda
Australia
Indonesia
Anl
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Saud
Australis
New Zeand
Sayud Gurtils
Ipfa Sin Ideal Sui
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Jand Beer
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Telene
Spawater Ab
Acker
Rural aid scheme outlined with state allocations listed
The minister announced 55 million dollars in farm aid with 9.7 million to NSW and similar sums to other states. The scheme replaces the rural reconstruction plan and targets viable farmers including debt relief and longer term finance, with emphasis on continuing support for those previously unable to obtain finance.
Lending climbs as March credit rises $112 million
March lending expanded to 830 million, up 112 million from February. Wholesale financing led the gain with 63 million, while instalment credit and other categories showed strength. The rise reflects broader lending activity across sectors and higher consumer finance demand.
Liquid assets fall as tax payments curb trading banks
Major trading banks report a $720 million drop in liquid assets and Government securities in April due to heavy tax payments. Deposits fell by $468 million to $18,161 million, while advances outstanding rose by $444 million to $11,436 million. Directors note tax payments exceeded $2,000 million in April, boosting government transactions and widening liquidity pressures yet provide some cushion via a higher Los margin.
MENTIONED IN THIS ARTICLE
Bureauof Statistics
Gover Securities
Cameron
Apri
Milan
Mann
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