Blog Post

Federal budget: Investment incentives, biosecurity support fall short

AUSTRALIA’S agricultural sector biosecurity, worker and market access was boosted by $1.5 million of new spending in the Federal Budget tabled in parliament last night.

But farmers, travellers and importers will pay more to underpin Australia’s first ongoing sustainable biosecurity funding model, sketched out by Minister of Agriculture Murray Watt in a media statement last night.

A proposed increase in agricultural levies, “set at a rate equivalent to 10 per cent of the 2020-21 industry-led agricultural levies” from July 2024, is expected to raise $153 million over three years….

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