Regional manufacturing for Australian agriculture, fishing and forestry

KPMG Australia

  • Project code: PRO-017456

  • Project stage: Current

  • Project start date: Saturday, June 10, 2023

  • Project completion date: Sunday, October 8, 2023

  • National Priority: NCO - National Challenges and Opportunities - M

Summary

 

Regulatory
barriers, supply chain disruptions, ESG pressures and geopolitical tensions
are driving a need to assess resilience in regional production of
agricultural inputs and outputs. Given our current and previous work, including with Agrifutures for the ongoing logistics disruptions reporting, we understand the challenges faced by
Australian agriculture domestically and internationally, including the
expectation to comply with multiple sustainability targets, respond to external changes in market access and geopolitics, and manage dynamic inflationary impacts.
 
A shift towards regional manufacturing presents a major
opportunity to not only significantly reduce emissions, but also to stabilise
a currently volatile cost base, increase supply chain resilience from
external turbulence and create opportunities for regional areas; all whilst
leveraging the National Reconstruction Fund (NRF) investment. We will bring
the best of our diverse KPMG team skillset to AgriFutures, combining a range of relevant expertise
across regional manufacturing, sustainability and sector, to deliver deep
global and local insights. We have assembled a team that brings existing working relationships with you and other peak industry groups, including relevant stakeholders that will be engaged in this piece of
work, and extensive experience across agriculture, fishing and forestry in issues of pertinence to supply chain resilience. Our project approach contains four logical phases, from identifying the range of inputs and outputs, before prioritising those most exposed and that would benefit most from regional manufacturing. We will then identify the barriers and solutions to operationalise this change, making related recommendations for policy and innovation.

Program

National Rural Issues

Research Organisation

KPMG Australia