Rebooting farm productivity will help achieve climate goals
Delivering sustainability outcomes is paramount for farmers, but more work needs to be done to understand the challenges in the sector as costs rise faster than revenues.
Agriculture is at the centre of a number of challenges facing Australia: from feeding domestic and international consumers while cost-of-living pressures rise, to helping the economy reach net zero and further improving sustainability credentials while delivering more water for our environment.
Making sure we can meet these challenges efficiently will be key, as farmers manage more than 55 per cent of Australia’s landmass, are responsible for three-quarters of the nation’s water consumption and are set to bring in $84.9 billion in gross value of production in 2024-25, plus $64 billion in export earnings.
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Jared Greenville is executive director of the Australian Bureau of Agricultural and Resource Economics and Sciences.
