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Australia's 2025 Federal Budget allocates significant funds to support and grow the agriculture, fisheries, and forestry sectors, with measures focused on climate resilience, trade, and food security, including funding for drought preparedness, emissions reduction, and market access.
Australian beef production and exports are forecast to reach record levels in 2025, building on the record export results achieved in 2024. This situation is similar to 2014 and 2015, when strong U.S. demand was driven by herd rebuilding leading to similar peaks in beef production and exports for Australia.
A major driver of Australia's manufacturing sector is its food, beverage, and grocery industries, which account for a third of all activity. Recent growth has been strong, with an 11% increase in turnover to US$107 billion in 2022-23.
Australia is a prosperous, politically and economically stable, industrialized nation. Underpinning Australia's strong economy is its open and transparent trade and investment environment...
Australian winter crops have benefited from very favorable seasonal conditions, apart from some cases of frost and water-logging damage which are not expected to have a major impact on production...
Post forecasts Australian sugar production to increase to 5.1 million MT in 2016/17 assuming that improved seasonal conditions prevail.