Agricultural Industry Growth Continues

Commonwealth Acquisition of Water Entitlement
June 27, 2017
Productivity Commission Inquiry: Report into the Regulation of Australian Agriculture
June 27, 2017

Agricultural Industry Growth Continues

Last week, the Federal Government announced the release of the Decadal Plan for Australian Agricultural Sciences, 2017–26. The Plan will inform government and industry in Australian Agriculture to encourage innovation and investment.

The Australian Bureau of Agricultural and Resource Economics and Sciences has released its quarterly review of the agricultural sector Agricultural Commodities (June Quarter 2017), finding consistent growth in the industry. In the last year, the industry has grown by 8.1 per cent due to above average winter crop production and above average prices in livestock sales.

 

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