Profit: building sustainable businesses
Australian agriculture is the most volatile sector in the nation’s economy, yet our producers are still among the most self-sufficient in the world, even in the face of unrelenting climate variability and prolonged drought. But strong regions need strong farm businesses. It’s by investing in the strength of farming businesses that Queensland invests in the strength of its regions.
Climate variability takes a toll on farming families.
Develop enduring policy to help producers prepare, manage, and recover quickly.
Strong rural communities, environments, and economies.
Lack of formal engagement with the agricultural sector during initial disaster responses.
Review the State Disaster Management Plan, to include agricultural networks in the response plan.
Assistance is more rapidly
delivered to critically-affected farm businesses and families.
Excessive government charges reduces farmer investment in risk management.
Remove duty on agricultural insurance and all family farm transfers, and enable land tenure upgrades.
Allow farm businesses to adequately invest in productivity and innovation measures, reducing exposure to risk.
Untapped market opportunities in dynamic commodity markets.
Government to develop new market options and help farmers capitalise on them.
Allows businesses to manage volatility by spreading business risk across markets.