Search

Industry Comment

Pastoralists & Graziers Association

Confirmation that the Federal Government is treating outstanding debt from the 1991 gulf war as a priority, and will pursue sovereign debt owed to the Australian Government and to exporters, is welcome.

The debt from wheat sales to Iraq in 1990 is of particular interest to farmers.

Some wheat sales to Iraq were not fully paid for following the 1991 war and the Export Finance Insurance Corporation was called upon to pay out a percentage of the money owing.

The sum owing is now in the region of US$100 million, with the balance in bank accounts that have been frozen since 1991.

Add your comment

BNIQ sponsored byECU School of Business and Law

Students

6th-Australian Institute of Management WA20,000
7th-Murdoch University16,584
8th-South Regional TAFE10,549
9th-Central Regional TAFE10,000
10th-The University of Notre Dame Australia6,708
48 tertiary education & training providers ranked by total number of students in WA

Number of Employees

BNiQ Disclaimer