Agricultural Sector Growth Project

Summary

Having an aspirational target provides a goal post for Australia’s agriculture sector to work towards. A target of this nature will be crucial for ongoing success of the agriculture sector and to ensure that industry investments and actions are working towards a clear and commonly understood goal. By having a clearly articulated goal industries can also more easily identify and then overcome the barriers confronting long term growth. Value of gross production is a function of quantity produced and price for the product. Key drivers for quantity produced are: Availability of land, water, labour and capital Efficient use of resources and inputs Rainfall and other climate related factors Government regulations and policies Key drivers for the demand for agricultural products are population growth, per capita income growth and relative prices of goods and services consumed by both the Australian and foreign residents who demand Australian agriculture produce. In bridging the gap between the current growth trajectory and agreed target, the research undertaken in this study will provide key drivers (both supply and demand side drivers), potential barriers and opportunities.

Program

National Rural Issues

Research Organisation

ACIL Allen Consulting Pty Ltd

Objective Summary

The proposed study is divided into two related parts: 1. Understand the current growth trajectory of the whole sector and evaluate whether the $100 billion target is realistic or whether a new aspirational target is needed to advance the growth of Australian agriculture? 2. Identify pathways to accelerate the sector’s growth and understand the opportunities and barriers to get there. The aim being to detail those opportunities that will have the greatest potential impact on the sector and explore barriers that need to be overcome to maximise them.

Project Code

PRJ-011102

Project Stage

Closed

Project Start Date

Wednesday, January 31, 2018

Project Completion Date

Thursday, May 31, 2018

Journal Articles From Project

Not Available

National Priority

An environmentally sustainable Australia

National Priority

Advanced Technology

National Priority

NRI-National Rural Issues

Contact