Agribusiness

Agribusiness industry in Australia and New Zealand

The agribusiness industry encompasses the chain of operations that are involved in commercial agriculture. This includes everything from the equipment used in agricultural production to the produce and livestock produced by farms that are then sold to businesses and consumers. Some of Australia’s main agribusiness products include farm machinery, seeds, and agriculture chemicals, while some of Australia’s main agricultural commodities include sugar, livestock, and wheat.

Australia’s agribusiness industry is a key contributor to our economy, with Australian agriculture production in 2020-21 predicted to reach a record value of $66 billion. The agriculture sector currently contributes to 11% of all goods and services that are exported overseas.

Agribusiness risk management

The Australian agribusiness industry also attracts large investments from overseas, with Australia exporting over 70% of commodities that are produced on Australian farms overseas each year, with international demand for Australian meat, dairy and wine has increased significantly over the last 20 years. Overseas demand for Australian grown agriculture commodities stems from our reputation for high-quality products which has been protected and maintained by Australia’s biosecurity quarantine regulations and its isolated geographical location. The country’s climate and rainfall patterns also allow for both tropical and temperate horticulture, inland and coastal aquaculture and the grazing and breeding of many kinds of livestock, diversifying the kinds of commodities we can grow and produce.

Australian Agribusiness industry legislation

Along with assessing potential risks, agriculture and agribusiness are regulated by state and federal governments, and there may be relevant legislation that your agribusiness must comply with in order to operate. Some Victorian and Australian federal legislation that may be applicable to your agribusiness is listed below:

Australian Federal Legislation:

  • Biosecurity Act 2015
  • Competition and Consumer Act 2010
  • Environment Protection and Biodiversity Conservation Act 1999
  • Export Control Act 2020
  • Imported Food Control Act 1992

New South Wales Legislation:

  • Agricultural Industry Services Act 1998 No 45
  • Hemp Industry Act 2008
  • Prevention of Cruelty to Animals Act 1979
  • Stock Medicines Act 1989
  • State Emergency and Rescue Management Act 1989

Queensland Legislation:

  • Animal Care and Protection Act 2001
  • Biosecurity Act 2014
  • Chemical Usage (Agricultual and Veterinary) Control Act 1988
  • Exhibited Animals Act 2015
  • Disaster Management Act 2003

South Australian Legislation:

  • Genetically Modified Crops Management Act 2004
  • Livestock Act 1997
  • Plant Health Act 2009
  • Primary Produce (Food Safety Schemes) Act 2004
  • Emergency Management Act 2004

Tasmanian Legislation:

  • Agricultural and Veterinary Chemicals Code Act 1994
  • Environmental Management and Pollution Control Act 1994
  • Gene Technology Act 2012
  • Primary Industries Activities Protection Act 1995
  • Emergency Management Act 2006

Victorian Legislation:

  • Control of Genetically Modified Crops Act 2004 (Vic)
  • Grain Handling and Storage Act 1995 (Vic)
  • Prevention of Cruelty to Animals Act 1986 (Vic)
  • Royal Agricultural Showgrounds Act 2003 (Vic)
  • Emergency Management Act 2013 (Vic)

Western Australian Legislation:

  • Animal Welfare Act 2002
  • Biosecurity and Agriculture Management Act 2007
  • Soil and Land Conservation Act 1945
  • Western Australian Meat Industry Authority Act 1976
  • Emergency Management Act 2005 (WA)

New Zealand Agribusiness industry legislation

Some New Zealand legislation that may be applicable to your agribusiness is listed below:

  • Agricultural and Pastoral Societies Act 1908
  • Animal Products Act 1999
  • Animal Welfare Act 1999
  • Aquaculture Reform (Repeals and Transitional Provisions) Act 2004
  • Civil Defence Emergency Management Act 2002
  • Biosecurity Act 1993
  • Fisheries Act 1996
  • Food Act 2014
  • Irrigation Schemes Act 1990
  • National Animal Identification and Tracing Act 2012
  • New Zealand Horticulture Export Authority Act 1987
  • Wine Act 2003
Risk management for farmers

These lists are not exhaustive, and there may be additional state and federal legislation that is applicable to your circumstances.

Agribusiness Emergency Response

Due to the diverse nature of agribusiness, many opportunities can arise for an inherent risk to cause a crisis or emergency. The use of certain equipment including heavy machinery and potent chemicals can also pose a risk to employees while completing their duties. Disasters can also arise from natural causes, including climate, extreme weather, pests, animal disease outbreaks and pandemics, which can affect the production and transportation of commodities. At Resilient Services, we can prepare a unique business continuity plan for your agribusiness to ensure the continuation of your business in the face of any emergencies or disasters. We can assess the risks posed to personnel, livestock, crops, equipment, and production value, and conduct thorough exercises to ensure that your team is fully prepared in the event of a crisis.

Enquire for services in the Agribusiness Industry

Want to discover how we can help your agribusiness prepare for a potential disaster? Fill out an enquiry form or call us on 0439 005 271 to find out more and to see how we can help your business prepare for the unknown.

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