Comprehensive Report on Reforms in Australian Agriculture Industry

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This report analyzes the reforms in the Australian agriculture industry, highlighting Australia's significant role as a major agricultural producer and exporter, contributing approximately 12% to the total GDP. It explores the reasons behind the interest of government agencies and agricultural organizations in this sector, emphasizing the role of innovation and technological advancements, particularly the Internet of Things (IoT), in driving productivity and cost reduction. The report examines the economic and policy reforms implemented over the past few decades, including tariff reductions and biosecurity measures, as well as drought programs and financial counseling. It also discusses recommendations for policyholders, such as maintaining rural counseling programs, supporting research funding, and implementing measures to mitigate greenhouse gas emissions. The conclusion emphasizes the positive impacts of new technologies and government programs on efficiency, productivity, and the standard of living for farmers, while also acknowledging the challenges posed by prevailing market conditions.
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Running head: REFORMS IN AGRICULTURE INDUSTRY IN AUSTRALIA
REFORMS IN AGRICULTURE INDUSTRY IN AUSTRALIA
Name of the Student
Name of the University
Author’s Note
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1REFORMS IN AGRICULTURE INDUSTRY IN AUSTRALIA
Table of Contents
Introduction......................................................................................................................................3
Reason behind the interest of government agencies and agriculture organizations........................3
Reforms in Australian agriculture industry.....................................................................................4
Recommendations to policyholders.................................................................................................6
Conclusion.......................................................................................................................................6
References........................................................................................................................................7
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2REFORMS IN AGRICULTURE INDUSTRY IN AUSTRALIA
Introduction
The aim of the report is to analyze on the reforms in the agriculture industry in Australia.
Australia is one of the biggest agricultural manufacturer and exporter in the globe. This sector
contributes to about 12% share in total GDP of the economy. Australia manufactures wide
diversity of primary goods including wheat, wool, barley and vegetables for domestic utilization
and export (Lereboullet et al. 2013). Australia’s mixed cropping system of production has
facilitated the farmers to be more versatile in the world. This study also highlights on the reason
behind the interest of government and agricultural entities. It also explains about how the
advancement of Internet of Things (IoT) changes Australia’s agricultural industry. Further,
recommendations to policyholders are also discussed in this report.
Reason behind the interest of government agencies and agriculture organizations
The agriculture sector of Australia consists of vast industries and gains comparative advantage in
broadacre agriculture. Both the horticulture and broadacre industries contribute to 54% and `16%
of gross production value. Australia has the capability to create opportunities for the farmers
through improvement in productivity level (Robertson et al. 2012). Innovation of new
technologies is one of the major drivers of productivity growth and cost reduction in the
economy. High growth in productivity has facilitated the farm to maintain its profitability even
in declining phase and improved their output growth. The government agencies and agricultural
organizations in the industry are mainly interested in knowing the influence of new immigrant in
this sector. Australia’s government agencies also refine new policies in order to attract and retain
more farmer immigrants over the next few decades.
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3REFORMS IN AGRICULTURE INDUSTRY IN AUSTRALIA
Reforms in Australian agriculture industry
Over the past few decade, this nation has experienced reforms in both economic as well as policy
within the farms operation (Hunt et al. 2012). The agricultural industries has been exposed to
the international competition that aimed to raise the living standards of the farmers by promoting
organizational change and increasing productivity. The agricultural reforms in Australia occurred
during the initiation of economic reforms of other countries. The changes occurred in these
industries include phased tariff reduction and different protection measures imposed by the
government. However, these two changes aimed to raise market force resilience and removes
barrier in efficient product marketing. The government also manages risk of biosecurity
involving inspection of import goods during the entry to the nation (Fuglie 2012). They also
introduced many drought programs for helping farmers manage challenging situation during
drought. The reforms in this industry took place through financial counseling advice given to the
farmers during their financial hardships. In addition, innovation of new technology and
advancement of Internet of Things(IoT) have been applied in the production and marketing
product process. IoT led to smart farming that explains about the implementation of digital
technologies in farms augmented their decisions. The farmers of broadacre have adopted
worldwide positioning in their tractors in order to decline soil compaction. Moreover, the carbon
farming proposal is also initiated by the government for enhancing productivity and attaining
economic advantage by lowering emission of greenhouse gas (Dahl et al. 2013). All these
changes in agricultural sectors increases the nations productivity and improved economic
performance.
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4REFORMS IN AGRICULTURE INDUSTRY IN AUSTRALIA
Wheat
Barley
rice
cotton lint
vegetables
livestock products
0
2000
4000
6000
8000
VALUE OF AUSTRALIA'S
AGRICULTURAL GOODS
VALUE OF AUSTRALIA'S
AGRICULTURAL GOODS
AGRICULTURAL GOODS
Figure 1: Value of agricultural products in Australia
Source: (As created by author)
2014 2015 2016 2017
8000
8500
9000
9500
10000
10500
GDP OF AUSTRALIA FROM
AGRICULTURE
GDP OF AUSTRALIA FROM
AGRICULTURE
YEAR
Figure 2: GDP of Australia from agriculture from 2014-2017.
Source: (As created by author)
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5REFORMS IN AGRICULTURE INDUSTRY IN AUSTRALIA
Recommendations to policyholders
Though Australian government has imposed many policy reforms for improving the productivity
growth, they need to concentrate in few areas for facilitating farmers managing risk. These are:
The policyholders are suggested to hold up rural counseling programs and give funds to
few groups including Rural Alive on permanent basis (Asseng and Pannell 2013).
It is also recommended that the government must focus on the farmers decision making
procedure and adaption programs according to the framers preference and needs.
The key holders must respond to agriculture issues and endow research funding into key
areas that includes- sequestration of soil carbon, landscape planning, efficiency of water
utility and soil stabilization process
Australian government are also suggested to invest more in this sector and support energy
efficiency research.
Further, the policyholders must implement more measures for mitigating greenhouse gas
emissions(Regulations 2013).
Conclusion
It is concluded from the above report that new immigrants has helped the economy to reduce
labor deficiency and adding innovative insight. Moreover, advancement of digital technologies
has increases the efficiency of farmers in their job and thus increasing productivity. The farmers
also achieved higher labor regulation flexibility from the adoption of government programs.
Furthermore, the prevailing market conditions has brought new challenges to the farmers.
Thereby, facing these challenges widened the farmers option and improved their standard of
living.
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6REFORMS IN AGRICULTURE INDUSTRY IN AUSTRALIA
References
Asseng, S. and Pannell, D.J., 2013. Adapting dryland agriculture to climate change: Farming
implications and research and development needs in Western Australia. Climatic change, 118(2),
pp.167-181.
Dahl, A., Leith, R. and Gray, E., 2013. Productivity in the broadacre and dairy
industries. Agricultural commodities, 3(1), p.200.
Fuglie, K.O., 2012. 16 Productivity Growth and Technology Capital in the Global Agricultural
Economy. Productivity growth in agriculture: An international perspective, p.335.
Fuglie, K.O., Wang, S.L. and Ball, V.E. eds., 2012. Productivity growth in agriculture: an
international perspective. CABI.
Hunt, W., Birch, C., Coutts, J. and Vanclay, F., 2012. The many turnings of agricultural
extension in Australia. The Journal of Agricultural Education and Extension, 18(1), pp.9-26.
Lereboullet, A.L., Beltrando, G. and Bardsley, D.K., 2013. Socio-ecological adaptation to
climate change: A comparative case study from the Mediterranean wine industry in France and
Australia. Agriculture, ecosystems & environment, 164, pp.273-285.
Regulations, P., 2013. Australian Dairy Industry.
Robertson, M.J., Llewellyn, R.S., Mandel, R., Lawes, R., Bramley, R.G.V., Swift, L., Metz, N.
and O’Callaghan, C., 2012. Adoption of variable rate fertiliser application in the Australian
grains industry: status, issues and prospects. Precision Agriculture, 13(2), pp.181-199.
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