As part of the national economic recovery plan in the Federal Budget 2021/22, agriculture has been identified as a key industry of focus with $371 million in funding allocated for improved biosecurity and access to international markets for agricultural traders.
Announcing the funding the Prime Minister, Scott Morrison, said, "This investment is about building a protective ring around Australia to safeguard our industry as well as the rural and regional communities that depend on it.
“We need to make sure agriculture continues to play a leading role in our national economic recovery."
Some of the measures within the Budget relating to biosecurity and support for agricultural traders include:
Speaking as part of the pre-Budget announcement, Agriculture Minister, David Littleproud, said that the funding demonstrated the Government’s “commitment to the agriculture sector and unique environment.”
Our team of experts has been busy developing insights and analysis that breaks down what the Budget means for Australian businesses and individuals.
Check out the full coverage of the Federal Budget 2021/22, which will continue to develop throughout the week as new insights and video content are published.