The National Farmers’ Federation is calling on the Government to show economic leadership and allow Australian agriculture to thrive with the message every cent counts.
The peak farming organisation, has outlined 35 recommendations in its pre-budget submission that it sees as crucial to the ongoing success of agriculture and its contribution to the national economy.
At the centre of the submission is a call for budget repair, the boosting of business confidence and a regulatory environment that supports farmers’ success.
Chief Executive Tony Mahar said the NFF and its members had a bold vision for Australian agriculture.
“By 2030 our goal is for agriculture to be a $100 billion industry. This year production was valued at $60 billion – the highest ever but we believe there is potential for even more growth.”
Mr Mahar said the Government played a significant role in the sector achieving this vision.
“Farmers need a regulatory environment that fosters, growth, productivity, innovation and ambition – not one that impedes it.
He said budget repair was a priority but that it must be pursued in a way that fosters Australia’s international competitiveness – given the export-dependency of the sector.
“There must also be measures to boost confidence and encourage growth, incentives to work, save and invest,” Mr Mahar said.
The six pillars of NFF’s pre-budget submission make recommendations across the spectrum including calls for a reduced company tax rate, enhanced labour market flexibility, competition policy change, infrastructure investment including in telecommunications and electricity market reform.
“The message is clear - every cent counts.”
“Whether it’s money collected through tax, returns to farmers through trade deals, dollars invested in infrastructure – every cent counts. Strategic and forward-thinking economic management is crucial to deliver a more profitable farm sector,” Mr Mahar said.