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Farm sector debt reaches $109.9 billion

  • Media release
  • ABARES
The latest agricultural lending statistics provided by the Australian Prudential Regulatory Authority (APRA) show an increase in aggregate lending to…
Image of a harvesting machine at work in a field of yellow grain

ABARES reports show Australian farmers adapting and adjusting to help offset climate effects

  • Media release
  • ABARES
Climate change is having an impact on Australian agriculture, with farmers having to contend with higher temperatures and lower winter rainfall.
Three hands making a circular shape around a solitary green plant on top of brown dirt.

ABARES report examines agriculture’s extensive sustainability credentials

  • Media release
  • ABARES
New analysis released today by ABARES examines Australian Agriculture’s extensive sustainability credentials—and the importance of demonstrating them…
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Strong growth for Australian broadacre farmland prices

  • Media release
  • ABARES
The average price of broadacre farmland per hectare has almost doubled over the last three years, increasing by 93% from 2020 to 2023.
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Correction on the cards as La Nina retreats

  • Media release
  • ABARES
The overall value of the agriculture sector is set to contract by 14% in 2023-24 due to drier than normal conditions after three La Nina years.
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Winter crop production to fall from consecutive record highs

  • Media release
  • ABARES
Australian Winter crop production is forecast to fall from record highs due to below average rainfall for winter and spring.
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Southern Murray–Darling Basin water prices forecast to remain lower than average for fourth consecutive year

  • Media release
  • ABARES
Water allocation prices in the southern Murray–Darling Basin are likely to remain low for a fourth consecutive year, according to the latest ABARES…
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Agricultural R&D investment on the rise

  • Media release
  • ABARES
The Australian agriculture sector has increased its investment in research and development (R&D) over the past ten years, contributing to growth…
A blue truck has grain fed into it by an orange harvester, in a yellow field against a cloudy blue sky.

Snapshot shows strength behind the numbers

  • Media release
  • ABARES
The latest ABARES Snapshot of Australian agriculture shows the industry continues to grow and perform strongly in a number of key areas including…
Image of a small ship in a harbour

Aquaculture lifts seafood value to $3.63 billion in 2022–23

  • Media release
  • Fisheries
The gross value of Australian fisheries and aquaculture production is forecast to rise 8 per cent in 2022−23, hitting $3.63 billion.
Image of dairy cattle standing in a green field

Farm incomes to ease as prices drop, inputs rise

  • Media release
  • ABARES
Farm cash income for all broadacre farms is projected to decrease nationally by around 7 per cent to average $327,000 per farm in 2022–23 but remain…
Image of a lush green field and a farmer watching a flock of sheep

La Nina’s last hurrah as drier conditions expected ahead

  • Media release
  • Agriculture
The record-breaking streak for Australian agriculture is set to continue in 2022-23 with the sector expected to reach $90 billion this financial year.
Image of a person fishing

National survey shows significant benefits of rec fishing

  • Media release
  • ABARES
A national social and economic survey of recreational fishers has shown that one in five Australian adults participate in recreational fishing every…
Grain falling into a large pile

Easing the way for exports in time for bumper crop

  • Media release
  • Exports
After two exceptional years of harvest the department is working hard to support the Australian grain export industry to meet increased export…