A briefing paper released today by the Australian Farm Institute (AFI) and GrainGrowers regarding the effects of global market uncertainty highlights that Australia’s government farm support is among the lowest of OECD countries, and has been steadily reducing over the past two decades. In terms of total support estimates, since 2009 no more than 0.19% of Australia’s annual GDP has been provided as support to the agriculture sector – a proportion less than all international competitors.
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