Beef Australia to receive $6 million boost if Labor win Federal Election
With Beef Australia 2024 almost two years away, Anthony Albanese has pledged an additional $6 million for the country’s largest beef expo if he wins the election. Here’s what the funds would go towards.
Rockhampton
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One of Australia’s biggest agricultural events will receive a multimillion-dollar boost if Labor win this year’s Federal Election.
Opposition leader Anthony Albanese has committed a $6 million injection to “turbocharge” Beef Australia 2024, to ensure it’s bigger and better when the event rolls around again in 2024.
The investment is set to help expand Australia’s world-class beef industry and grow the visitor economy in Rockhampton.
Beef Australia already generates more than $92 million in economic impact for the Greater Rockhampton Region and $59.5 million for Queensland.
The Australian beef industry is worth more than $15 billion to the Australian economy.
The funding would be able to help with investing in more infrastructure to meet growing requirements of a technology enabled event and also revitalise the international program to reconnect with international customers and supply chain partners.
Beef Australia chairman Bryce Camm the Beef Australia team was grateful for the funding announcement.
“A funding announcement of this magnitude reflects the significance that the wider beef industry makes to national economy, and it’s great to see Mr Albanese here in Rocky supporting regional Australia,” he said.
Mr Camm said the additional funding would allow organisers to grow the footprint of the already massive event.
“Thankfully the Federal Government has already been a major partner of the event but the additional funding announced is really about the ability to grow the footprint of the event,” he said.
“Hosting an event that attracts 115,000 people takes considerable investment in temporary infrastructure.”
Mr Camm said the additional funding would also help build the international connections at Beef 2024 which are important to the beef industry.
“It’s a crucial event to the wider beef sector, it brings the entire beef supply chain, and businesses who support it, together,” he said.
“It’s the largest exhibition of its nature and it’s vital to the success of the beef industry.”
Beef Australia 2021 saw a record attendance of 115,866 people which was up from the 100,000 that walked through the gates of the event in 2018.
The event also yarded just under 5000 head of cattle across the week.