The peak farming body has described the Federal Budget as having "twisted the knife" into Australian ag following the banning of live sheep exports and questioned how much value spending on extra tools to manage drought, cut emissions and support mental health will deliver.
The 2024/25 budget headline figure allocates $789 million over the next eight years for the agricultural sector, with a keen focus on managing and mitigating the threats of climate change.
"Farmers are on the frontline of climate change, facing more intense and frequent natural disasters and weather extremes which is already hurting the bottom line," Agriculture Minister Murray Watt said on Tuesday.
"The Albanese government is committed to helping farmers and regional communities across the country become more productive and more profitable, while also reducing their emissions."