Australian rural confidence – while still negative – has seen a marginal improvement in positivity, the results of Rabobank’s latest quarterly survey of over 1000 Australian farmers shows.
Worries about commodity prices and input costs have eased, but remain a concern along with interest rates and the dry start to the year in some States.
Tasmania and WA were the only states to return a drop in confidence.
The latest quarterly Rabobank Rural Confidence Survey, released today, saw confidence lift nationally from -25 per cent in the first quarter of 2023 (the lowest level since…