Capital requirements of Australia’s agriculture, fisheries and forestry sector
The National Farmers’ Federation has outlined a roadmap to grow the value of Australia’s agriculture, fisheries and forestry sector to $100 billion by 2030. From...
Final Report Summary – Investing for the Future: Why Capital investments are key to the growth of Australian agriculture
2 pages
Published: 16 Feb 2021
Author(s): NCEconomics
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Capital requirements of Australia’s agriculture, fisheries and forestry sector combined a review of historical data with economic modelling to develop an understanding of how investment levels contribute to sector growth, what barriers exist and how these could be overcome.
The report found an annual investment of $8.7 billion is required to meet the NFF’s target and grow the annual value of Australia’s agriculture, fisheries and forestry sector from just over $63 billion to $100 billion. This investment is needed to underpin a significant step change in productivity, price and market share.