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Date Time RIC team talking AgriStarter Loan at Beef 2021, 2 The Regional Investment Corporation (RIC) is pleased to join the line-up at Beef 2021 in Rockhampton this week to provide information and answer questions on its loans, including the new AgriStarter Loan for new farmers and succession planning. CEO Bruce King said he is looking forward meeting with the beef industry and talking about how RIC loans might benefit their farm business by improving their resilience, profitability or providing a long-term option for succession planning. “We know succession planning is an essential part of many inter-generational beef operations and it’s important to get it right, which is where our AgriStarter Loan might be able to assist,” he said. ....
Date Time Online scammers targeting farming community The cattle farmer, from Mitchell in the Western Downs, recently fell foul of the business email compromise (BEC) scam when he purchased cattle at Auction Plus, and transferred money using account details on a TopX invoice that had been hacked by scammers. BEC scams occur when a hacker gains access to a business’s email accounts, or ‘spoof’ a business’s email so their emails appear to come from the company. The hacker then sends emails to customers claiming that the business’s banking details have changed and that future invoices should be paid to a new account. ....
“We only ever used to go out and get a little handful for the local races in the camel tagging or if someone wanted a handful to train up for racing,” he said. Camels were introduced to Australia in the 1840s as pack animals for British explorers. As of 2015 there were an estimated 1m feral camels in Australia, with the population at risk of doubling every nine years without culling. They are effective against thorny weeds because they eat everything – according to the Northern Territory government, camels feed on more than 80% of the available plants in central Australia, causing significant damage to desert ecosystems and damaging fragile sand dunes. They have also been known to cause significant damage to manmade infrastructure in search of water, by pulling up pipes and destroying toilet blocks. ....