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Need of Government Intervention in Agricultural Sector of Australia

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Added on  2022-10-15

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This article discusses the need for government intervention in the agricultural sector of Australia due to adverse climatic conditions and supply shortages. It presents various research papers that suggest increasing investment in agriculture, stabilizing prices of healthy products, removing restrictions on the agricultural market, and building transformational adapters to support agricultural supply. The article concludes that the Australian government should continue to intervene to reduce the impact caused in the agricultural sector.

Need of Government Intervention in Agricultural Sector of Australia

   Added on 2022-10-15

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Running head: NEED OF GOVERNMENT INTERVENTION IN AGRICULTURAL
SECTOR OF AUSTRALIA
NEED OF GOVERNMENT INTERVENTION IN AGRICULTURAL SECTOR OF
AUSTRALIA
Name of the Student
Name of the University
Author Note
Course ID:
Need of Government Intervention in Agricultural Sector of Australia_1
NEED OF GOVERNMENT INTERVENTION IN AGRICULTURAL SECTOR OF
AUSTRALIA
1
Introduction
In Australia, out of many industries, the agricultural sector is one of the major
industries. Australian agrarian products contribute a huge share in the export markets of
Australia. The agricultural products and the industry majorly contribute to social, ecological
and economic factors in Australia. For the last 20 years, the farming sector in Australia has
faced significant growth. In the year 2018, Australia faced an adverse climatic condition. In
Australia, there has been found a scarcity of water because of low rainfall throughout the
year. Hence, agricultural production reduced in Australia. As a result, the export share of
agricultural products also decreased, and the price of the farming product both in the
domestic and foreign market increased.
Based on the situation mentioned above, the thesis may suggest that, as previously,
the Government of Australia should continue to intervene so that the production of the
agricultural product rises in spite of experiencing the adverse climatic condition in Australia.
Discussion
Bellotti, B. and Rochecouste, J.F., 2014. The development of conservation agriculture in
Australia—farmers as innovators. International Soil and Water Conservation
Research, 2(1), pp.21-34.
In this paper, both the author focuses on the development and conservation of
agriculture in Australia. This is because, majority of agricultural products of Australia are
exported in the world market. This expose the Australian farmer to the fluctuating
agricultural prices of the world. Moreover, Australia has an unsuitable environment and soil
composition that makes cultivation difficult. Thus, the authors argue on increasing the
investment in agriculture. Moreover, the authors commends the farmers on gracefully
accepting the innovations technique that has helped stabilize production. The author uses
Need of Government Intervention in Agricultural Sector of Australia_2
NEED OF GOVERNMENT INTERVENTION IN AGRICULTURAL SECTOR OF
AUSTRALIA
2
trend analysis to portray the effects on supply of agriculture. The authors considers the low
government subsidies and uncertain climatic conditions are responsible for shortage in supply
that is affecting the demand for food. Thus, they recommends the government to increase
spending on agriculture of Australia.
Bradbear, C. and Friel, S., 2013. Integrating climate change, food prices and population
health. Food Policy, 43, pp.56-66.
This research is concerned about the effects of supply shortages and rising prices on
consumer demand. The author claims climatic changes and ineffective government policies
are the reason behind supply shortage in agricultural commodities. The author studies on the
Australian market for healthy food prices and suggests stabilizing the prices of healthy
products. This paper performs a trend analysis on the different factors that has endangered the
agricultural and food prices in Australia. Relating to this, the author presents the inter-linkage
between deterioration in population health and increasing shortage and food prices. The
author suggests the government to establish policy to combat climatic changes and innovation
for development of newer techniques for stabilizing agricultural supply. However, the author
fails to recommend appropriate policies to support consumer demand and food supply.
Anderson, K., 2013. Agricultural price distortions: trends and volatility, past, and
prospective. Agricultural Economics, 44(s1), pp.163-171.
This paper performs a trend analysis over the agricultural sector of the world. This
paper indicates different factors that has affected the global supply of food and prices of
agricultural products. The author identifies the reason for increasing prices of food and
various agricultural commodities, which is the restriction in supply possessed by global
climatic dysfunction. The author compares the agriculture trade sector between developed
and developing countries around the globe. Additionally, the author finds that it is necessary
Need of Government Intervention in Agricultural Sector of Australia_3

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