Evaluating Australian Government's Agricultural Programs: Conclusion

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Added on  2023/06/11

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This essay provides a conclusion to an analysis of the development programs instituted by the Australian Government over the past five years, focusing on their impact on domestic markets and the agricultural sector. It highlights the success of voluntary public-private partnerships in promoting sustainable farming and natural environment conservation. The essay discusses emergency assistance provided to farmers during natural disasters, the role of research and development corporations in introducing new farming technologies, and the Farm Management Deposits Scheme for financial risk mitigation. It also emphasizes the importance of business management education for farmers and the government's compensation for regions affected by exceptional circumstances. The conclusion underscores the significance of environmental conservation initiatives like "Landcare" and recommends further efforts to reduce input costs, improve commodity prices, and enhance food stocks within the Australian agricultural sector. Desklib offers similar solved assignments and study tools for students.
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Conclusion and Recommendations 1
CONCLUSION AND RECOMMENDATIONS
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Conclusion and Recommendations 2
Conclusion and Recommendations
Development programs instituted by the Australian Government
over the past five years have fulfilled their designated objective without
crippling the domestic markets. For instance, voluntary public-private
partnerships have significantly made farming in Australia considerably
sustainable and considerably restored and conserved natural
environments. Moreover, emergency assistance has been made available
to Australian farmers to help them survive in case of natural disasters like
floods, extended drought, and fire (Hughes et al. 2015). Through a joint
venture the Australia Government and farmers have established research
and development corporations that seek to help individuals operating in
the agricultural sector.
There is a one-to-one contribution ratio to the corporations
observed by both the government and farmers. The primary function of
these research and development (R&D) corporations is to introduce or
recommend new farming technology and techniques that will enhance
agricultural yield and the adaptability of farming to climatic changes. In a
bid to help farmers limit financial risk and loss, the Australian
government has introduced investment avenues that are tailored to
cultivators. The renowned Farm Management Deposits Scheme is a
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Conclusion and Recommendations 3
lowly taxed income saving buffer that helps farmers save money in
successful years to ensure they are covered in case of future natural
disasters (Hughes et al. 2015).
Business management education has been availed to farmers in a
bid to promote risk control and prevention skills in the agricultural sector.
In addition, the Australian Government has also improved numerous
farming business skills through education programs. The government
uses metrological and production data availed from different regions of
Australia to determine which areas experienced exceptional
circumstances that limited their ability to profit from farming. Farmers
like any other business individuals are not exempted from unforeseen
losses, but the government does compensate regions that have recorded
exceptional circumstances like extreme drought (Wheeler, Lee & Quinn
2018). For instance, farmers who took up loans to finance their farming
activities but are unable to recover the invested cost of business.
Assessment commissions are normally formed that assess the eligibility
of affected farmers to receive relief payments. Furthermore, local area
relief counselors provide farming families and business with vital
information and help during times of drought and famine (Gibbs, Harris-
Adams & Davidson 2013).
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Conclusion and Recommendations 4
In the spirit of environmental conservation a group of over
thousand Australian volunteers (majority of which are farmers) formed
"Landcare". The program is meant to help with preservation and
management of natural resources. A typical Landcare project can involve
numerous farms and transcend several government levels. For instance,
in some parts of New South Wales local farmers and government
officials have come together to improve the level of sanitation throughout
different river systems. The Australia Government supports any actions
by farmers to better the agricultural markets. Hence, I would recommend
more and more Australians to become custodians of the environment and
the numerous natural resources available throughout the country.
Moreover, I feel it is important for Australian farmers to understand the
overall productivity and future of their farms rests solely with them. In
spite of the numerous benefits that the Australian government has made
to the agricultural sector over the past five year; more needs to be done
with regard to reduction of input costs, betterment of commodity prices,
promotion of consumption patterns, and improvement of food stocks
(Gray, Oss-Emer & Sheng 2014).
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Conclusion and Recommendations 5
References
Gibbs, C, Harris-Adams, K & Davidson, A 2013, 'Review of selected
regulatory burdens on agriculture and forestry businesses', Masters
Thesis, Agricultural Productivity Division, Australian Government,
Australian Bureau of Agricultural and Resource Economics and Sciences,
Canberra.
Gray, EM, Oss-Emer, M & Sheng, Y 2014, 'Australian agricultural
productivity growth', Commonwealth of Australia, vol XIV, no. 2, pp. 1-
56.
Hughes, L, Steffen, W, Rice, M & Pearce, A 2015, 'Feeding a Hungry
Nation: Climate Change, Food, and Farming in Australia', Climate
Council of Australia Ltd, pp. 1-96.
Wheeler, A, Lee, T & Quinn, G 2018, ''Marketed widely’ –
understanding policy changes to foreign investment in Australian
agricultural land', LegalTalk—Insights, pp. 1-3.
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