To The Editor

The disastrous visitation imposed on Australian Dairy-farmers was not unexpected.
It has been building up for many years and if you had been following the trends it was inevitable although its final form unknown; invariably it would be accompanied by misery and hardship for honest hard-working Australians.

The number of cows needed to remain a viable business has increased year by year pushed by costs arising from outside the farm boundary. In the beginning it was relatively easy to milk a few more cows or plant a couple more acres of crop. It was akin to a raging fire under the steam-boiler and adding more weight to the pressure relief valve.

All of the increased costs are induced by State and Federal Governments who automatically increase their taxes and charges by the annual inflation rate and this flows right through the community.
Added to this are local government rates and charges; have you ever known rates to be reduced? Capping council rates is another weight on the ‘pressure valve’.
Whenever there is a tariff review or references to the Productivity Commission, it always means increased costs whether it is energy (power and fuel), water for irrigation, etcetera. Farmers cannot pass these costs on to somebody else.

To offer farmers’ loans at concessional interest rates is also an inane response when the total rural debt carried by a diminishing number of farmers is rising each year.
It is not sustainable and will lead to ever more hardship and misery spread throughout the entire population of Australia with the only exemptions the few who live in ‘ivory towers’ who are insulated from the results of their decisions; it is time for a change!

The nub of the problem lies with the financial system and inherent inflationary policies emanating from our Parliaments. The Reserve Bank is a creature of the Parliament and is charged with ‘managing Australia’s Finance’. (Ask your elected Member for a copy of the Reserve Bank Act 1959)

Inflation should NOT BE MANAGED BUT ELIMINATED, and it can be!
This was effectively done during World War II and you can find references in the Australian Year Book, Number 37, 1946-47, beginning page 458.
Chapter XII, Labour Wages and Prices. Section C. Control of Prices during and since the 1939-45 War.

An inquiry into the Financial System needs to be undertaken but not lead by the wolves, (bankers and economists) instructing the foxes (elected politicians) how to manage the lambs and chickens (Australian Public).

It is the Parliament that should be instructing the ‘financial managers’ to implement policies in the best interests of the Australian people or terminate their employment; they must be judged on their performance which at present is wanting.
This also applies to the elected politicians who would rather yield to external foreign and financial interests before serving their constituents.

In the final analysis it comes down to the voting patterns of you, the Australian Voter … when will you wake up?
Louis Cook, Numurkah, Victoria

 

Some press references for your interest follow …

 

Date

Article

Source

Comment

24/08/1978

Howard tips the bucket on farmers

National Farmer Vol 1 No 16 August 1978 P1

Australian farmers will be about $2000 poorer as a result of the harsh medicine dealt out in the 1978/79 Howard budget

13/08/2005

Petrol price changes our lives

Herald Sun, August 13th, 2005, Page 4

Mr Macfarlane yesterday told a parliamentary hearing that despite pain for consumers the price rise was beneficial for the economy

29/09/2006

Gambler stole $400,000

Herald Sun, September 29th, 2006, Page 31

A mother of two who turned to gambling to relieve work and health pressures stole almost $400,000…

30/09/2006

Personal debt hits $1 trillion

Herald Sun, September 30th, 2006, Page 19

Australian have reached $1 trillion of debt for the first time.

11/10/2006

Bankruptcy rate soars

Herald Sun, October 11th, 2006, Page 15

Bankruptcies in Australia jumped almost 10 per cent in past year.

5/11/2006

Spiralling debt traps families

Herald Sun, November 5th, 2006, Page 25

Food trolley lightens as rates load up

05/11/2006

Higher fees, higher bank profits

Sunday Herald Sun, November 5th, 2006, Page 25

Australians contributed $9.2 billion in fees as banks posted record profits.

18/12/2006

Here's cheers to price hikes

Herald Sun, December 18th, 2006, Page 11

CityLink tolls, university fees and electricity bills are among the government approved costs that will go up.

4/04/2007

Dairy cows culled

Shepparton News, April 4th, 2007, Page 1

Cattle flow to abattoirs as feed dwindles

23/06/2007

Feeling the squeeze

Herald Sun, June 23rd, 2007, Page 11

Households hit by rocketing price of living.

1/10/2007

Grants to help farmers leave land

Shepparton News, October 1st, 2007, Page 6

Exit Grants – (Farmers beaten by ‘the system’ must go!)

1/10/2007

Drought aid doubts

Shepparton News, October 1st, 2007, Page 3

Agents say they are not sure the Federal package will work

5/09/2008

Dairying difficulties

Shepparton News, September 5th, 2008.

Study finds area's farmers earnt 40 per cent less than average

15/09/2008

Necessary for survival

Country News, September 15th, 2008. Page 7

In light of the drought and increases in oil prices, water and politics, the price means none of us have made any extra money.

3/01/2009

Council forcing elderly off their land, says doctor

The Age, January 9th, 2009.

They force older people out of their properties … for developers.

28/01/1010

Swan shrugs off inflation concern

Shepparton News, January 28th, 2010, Page 11

Treasurer Wayne Swan has downplayed the latest inflation figures

20/06/2010

Family comfort sinks

Sunday Herald Sun, 20th June, 2010, Page 31

Price rises hit home. A basic "comfortable" life in Victoria is now beyond the reach … of families.

18/09/2010

World is hungry for Aussie farmland

Weekend News, September 18th, 2010. Page 19 

Food Supply under threat from offshore investors

22/07/2011

Council bickering bill revealed

Shepparton News, July 22nd, 2011, Page 3

Greater Shepparton City Council's internal ructions have cost nearly $50,000 since January 2006.

3/01/2012

Who'll drag us free of our heavy debt burden

The Australian, February 3rd, 2012

assistant treasurer Bill Shorten dismissed the claim of profligacy in government borrowing

20/01/2012

Council rates pain getting worse

Herald Sun, January 28th, 2012.

A major cost of living review reveals Melbourne property rates have almost doubled in a decade, and are up 38% in five years.

11/07/2012

Councils just don't rate

The Weekly Times, July 11th, 2012, Page 21

Rocketing local levies leave farmers struggling in their wake

12/03/2014

Investors eye golden returns from water rights

The Australian, March 12th, 2014

Australian fund managers are eyeing an increasingly liquid market: water.

19/03/2014

A plague of fat cats

Herald Sun, March 19th, 2014, Page 13.

Town hall executive wages bill soars as minister questions agendas.

19/03/2014

Stop the big cash splurge

Herald Sun, March 19th, 2014, Page 24.

Victoria's bloated municipal councils have hit households with rate increases totalling $2 billion above the rate of inflation over the past 10 years.

 

 

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Sunday, 25 September 2022