More than 99 per cent of Australian farm businesses are fully Australian owned and 88 per cent of farmland is fully Australian owned, according to figures released from the Australian Bureau of Statistics’ (ABS) Agricultural Land and Water Ownership Survey.
The longstanding agricultural cooperation between Australia and China was highlighted at the inaugural Australia-China State-Province Agricultural Business Forum held on 12 September 2017.
The NAB Rural Commodities Index fell to a 15 month low in September 2017, on the back of a high Australian dollar, retreating grain prices, and weakness in cattle prices.
Under the leadership of the Federal Government, Australian agriculture has emerged as the fastest growing sector and the largest contributor to national GDP growth in 2016-17, cementing its position as one of the economic powerhouses driving the nation.
More than 200 Australian fruit, vegetable and nut producers and industry representatives are in Hong Kong to showcase their produce at Asia’s largest horticulture trade show, marking the beginning of a six-month tour across Asia and into the Middle East.
Recent key developments in the Australian economy and their implications for South Australia’s grains industry will be discussed at a farm business forum in Adelaide.
Assistant Minister to the Deputy Prime Minister, Luke Hartsuyker, returned to Australia after a successful visit promoting Australian agricultural products and linking Australian agricultural exporters to Indian importers.
Assistant Minister to the Deputy Prime Minister, Luke Hartsuyker, visited a processing facility and supermarket, to explore opportunities for Australian exporters during his visit to New Delhi as part of Australia Business Week in India (ABWI).