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Reforms in Agriculture Industry in Australia

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Added on  2020-03-16

Reforms in Agriculture Industry in Australia

   Added on 2020-03-16

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Running head: REFORMS IN AGRICULTURE INDUSTRY IN AUSTRALIAREFORMS IN AGRICULTURE INDUSTRY IN AUSTRALIAName of the StudentName of the UniversityAuthor’s Note
Reforms in Agriculture Industry in Australia_1
1REFORMS IN AGRICULTURE INDUSTRY IN AUSTRALIATable of ContentsIntroduction......................................................................................................................................2Discussion........................................................................................................................................2Government agencies and agriculture units interest on agricultural sector.................................2Reforms in agriculture industry of Australia...............................................................................3Recommendations to policyholders.............................................................................................6Conclusion.......................................................................................................................................7References........................................................................................................................................8
Reforms in Agriculture Industry in Australia_2
2REFORMS IN AGRICULTURE INDUSTRY IN AUSTRALIAIntroductionOver the past decades, Australia’s government has followed approaches in order toimprove productivity in agricultural sector of the country, these includes deregulation ofagriculture and reduce distortion of producers support. Government has implemented a range ofsupport measures over the past years to support farmer returns. Recognizing the sect oral andcountrywide costs assistance have been provided by the government. As per OECD reportsAustralia’s producers support stands in the second lowest position which is 3 percent of grossfarm receipts. Agricultural sector’s contribution to GDP is 12 percent of the total GDP level.Among the basket of goods country produces diverse primary goods and these are barley, wheatand vegetables and these goods are not only used for domestic utilization but for exports as well.Farmers here are considered to be versatile ones as they adopted the mixed cropping system ofproduction (Hunt, 2012)..This study mainly aims to explore the reforms in the agricultural industry of Australia. Italso shows the government interest and agricultural units interest. The effect of Internet of thingsadvancement is also analyzed in this study. Finally recommendations are provided to thepolicyholders in order to improve the sector.DiscussionGovernment agencies and agriculture units interest on agricultural sectorAgricultural sector of Australia comprises of various industries. Country havecomparative advantage in broadacre agricultural sector. These broad acre industries contributeabout 16 percent of total value of production of Australia. Thus agricultutal sector have the
Reforms in Agriculture Industry in Australia_3

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