Australia’s peak farming body has today released 17 investment ideas designed to support sustainable growth in the nation’s farm sector.
The suggestions are outlined in the NFF’s 2024–25 Pre-Budget Submission, titled “Invest in Australian Agriculture. Invest in Australia’s Future.”
NFF President David Jochinke said the next budget would be handed down in a tough economic climate, with the NFF’s proposals designed to counter these challenges.
“We know the economy is facing multiple challenges, from stagnating productivity, a growing cost of living, and the challenge of transitioning to a net-zero economy. The downside risks are real.
“A thriving farm sector can help Australia overcome each of these challenges.
“Targeted, strategic investment in Australian agriculture can create reliable, well-paying jobs, increase productivity on-farm and across the economy and will play a key role meeting the challenge of producing more food in a changing climate.”
Mr Jochinke said the upcoming Federal Budget was an opportunity to lay the groundwork for this success.
“When farmers do well, every Australian benefits – not just those in farming communities.
“Now’s the time to back an industry that can offer sustainable, long-term growth. It’s a smart investment for the Government.”
The NFF’s pre-budget recommendations cover three broad themes:
- increasing agricultural productivity
- securing Australia’s agricultural workforce
- promoting and enhancing Australian agriculture’s sustainability
“We’ve worked in partnership with our members across Australia to distil down 17 realistic ideas that we think can really move the needle for the sector.
“These recommendations will empower Aussie farmers to combat Australia’s economic challenges and boost productivity across the economy.”
To download a full copy of the Pre-Budget Submission, click here.
Stacey Davidson