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The Department of Primary Industries and Regional Development (DPIRD) invites you to join the Australia-Israel Chamber of Commerce (WA) Agribusiness Event from 5:30pm to 8:30pm on 11 September 2023.
The networking sundowner will explore a number of Australia's most pressing agribusiness issues including: the new paradigm for farm ownership and working for institutional investors; the relative returns from agri-investment; and the impact of farmland pricing on water resources.
Mr Mark Allison, CEO of Elders Ltd and Chair of Agribusiness Australia, will deliver the keynote address and share case studies and strategies for understanding the drivers of value in agribusiness today.
Register for the sundowner through the AICC(WA) Event Invitation now. DPIRD stakeholders can purchase discounted tickets ($104.50 including GST) using the coupon code AICCWAFNTS2 when prompted.
For further information, please contact Diane from AICC(WA) at diane@aicc.org.au or 0402 344 352.
Source and image: AICC(WA)
The WA Government is investing $8.47 million in the Fresh and Secure Trade Alliance (FASTA) program, a new national biosecurity research program to combat pests, protect and foster the country’s growing horticulture industry, and strengthen market accessibility. As part of the program, FASTA will boost biosecurity initiatives to solidify Australia’s strong reputation in pest-management and as a responsible trading partner for years to come.
A multi-disciplinary team from the Department of Primary Industries and Regional Development (DPIRD) will: investigate the use of digital technology in real time trapping detection and identification; use genetic testing to identify the origin of pests at a molecular level; and develop science-based protocols for pathways to market.
Pests, both endemic and exotic, present many challenges to Western Australian horticulture production, growers and exporters. Addressing these threats with scientific research will aid in developing the value of the industry. Research from the FASTA program will also be used by Australia’s Department of Agriculture, Fisheries and Forestry in international trade negotiations and by states and territories to support domestic trade.
The eight-year FASTA program, with a total project value of $130 million, will be delivered by Hort Innovation (on behalf of the Australian Government) and led by the Queensland Department of Agriculture and Fisheries in partnership with key Australian export and industry stakeholders.
Source: WA Government | Photo: DPIRD
Known by chefs as ‘citrus caviar’, the caviar-shaped fruit pulp of the Australian native finger lime has a unique taste and lends a flavoursome and colourful garnish to high-end restaurant dishes. Whilst the finger lime is predominantly grown on the east coast of Australia, production has recently expanded into Western Australia as a strong diversification option for citrus growers.
AgriFutures Australia has launched the Australian Native Finger Lime RD&E Plan (2023-2028) which sets out the vital next-steps for the future growth and development of the finger lime industry.
Finger limes have medicinal properties – they’re high in folate, potassium, vitamin E and vitamin C, and are used for cosmetic, pharmaceutical and nutraceutical products.
Driven by demand from the cosmetics industry and high-end restaurants, the export market for finger limes is larger than the local market as Australian consumers lack knowledge and understanding of how to use the products in its different forms. However, the RD&E Plan identifies that quarantine systems which recognise finger limes need to be developed to enable Australian producers to be more competitive in overseas markets.
The United States of America and Guatemala are the primary global competitors for Australian finger limes, with a number of countries in Europe and South East Asia looking to establish a finger lime industry. More...
Source: AgriFutures Australia | Image: DPIRD
The Australia-United Kingdom Free Trade Agreement (A-UKFTA) entered into force on 31 May 2023, providing Australian dairy exports with immediate access to duty-free quotas to the UK. The A-UKFTA will also reduce tariff rates on Australia dairy exports outside these quotas over six years, ultimately eliminating all tariffs in 2028.
Prior to the imposition of the A-UKFTA, Australian dairy products were subject to import duties ranging from GBP£0.80/100kg to GBP£185/100kg (approximately, AUD$1.57/100kg to AUD$363.84/100kg). As a result, Australian dairy was relatively more expensive and had lower market penetration than competitors. The A-UKFTA will provide more opportunities for Australian exporters to access the UK’s dairy import market which has an estimated worth of US$3.8 billion.
Dairy is Australia’s third largest rural industry with a farmgate production value of $4.9 billion in 2021-22. The majority of Australia’s dairy exports go to Asia, but the
A-UKFTA provides new opportunities for market diversification. Western Australian exporters stand to benefit from these favourable conditions, with the State's milk being identified as some of the cleanest and highest quality in Australia. More...
Source and Image: Department of Agriculture, Fisheries and Forestry
Whilst year-to-year climate conditions vary significantly, Australia post-2000 has experienced a deteriorating climatic trend, specifically through hotter and drier average seasonal conditions. However, Australian farmers are adapting and adopting new technologies and practices to offset the effects of climate change.
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) uses the farmpredict model to remove the impact of climate-induced volatility when determining the industry's underlying patterns of productivity growth.
The latest ABARES figures – released last month – show that climate adjusted productivity in Australia’s broadacre industries grew by 0.6% per year on average from 1988–89 to 2021–22. Western Australia's broadacre industries performed above the national average achieving 1.5% average annual productivity growth (climate adjusted) over the same period.
This result demonstrates that Western Australian farmers are making significant advancements in technology and management practices which improve the productivity of the industry despite the challenges imposed by climate change.
The latest ABARES climate adjusted productivity statistics and farm performance by size statistics can be found on the ABARES website. More...
Source: ABARES | Photo: DPIRD
As a part of the Go Global Toolkit, Austrade has developed a tariff finder tool. This tool allows producers and exporters to determine which taxes, preferential tariffs, and most favoured nation tariffs apply when exporting.
The Go Global Toolkit allows exporters to calculate the costs involved with trade through detailed guides on export costs, finance, grants and programs, tariffs, taxes and duties.
Other tools under the same scheme include a market search tool, export plan builder, a quiz Are you ready to export?, and a guide to exporting. More...
Source and Photo: Austrade
Further information
Agribusiness, commercial fishing and aquaculture news from the Department of Primary Industries and Regional Development (DPIRD). If you have any questions or information to share, please email export@dpird.wa.gov.au.
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Important disclaimer
The Chief Executive Officer of the Department of Primary Industries and Regional Development and the State of Western Australia accept no liability whatsoever by reason of negligence or otherwise arising from the use or release of this information or any part of it.
Copyright © State of Western Australia (Department of Primary Industries and Regional Development), 2023.
