Privatization Of Australia s Agricultural Industry

Subject Name – DAVENDER SINGH Lecturer’s Name – JAS CHAWLA Reforms in Australia’s Agricultural Industry Due date 28-08-2015 Date Submitted 28-08-2015 Reforms in the Australian agricultural industry Like many countries, agriculture has been the backbone of Australia’s growth and development. Farming in Australia can be traced back to the time European settlers introduced agricultural technologies from their native countries and thereby influenced the early practices in the country. The industry of farming has fed Australia’s growing population and provided a basis for economic growth and development. Australia’s agricultural sector is a significant contributor to the economy, businesses related to agriculture not only provide for Australia’s population but is also a major exporter. There have been many changes in the farming methods over the years, but the image of the Australian farms remains a recognizable icon, this is because Australian farmers incorporate a sense of resilience and tradition and are also able to adapt quickly. The climatic conditions of Australia are extremes, and this has brought challenges in the farming sector, these have led to great inventions and improved production methods that have put Australia in the forefront of world agricultural development. The combine head harvester, stump jump plough, and improved strains of drought and disease- resistant wheat. Over the years, Australia’s agricultural industry has had many changes thatShow MoreRelatedNew Zealands Economy820 Words   |  4 PagesEconomic Structure of New Zealand New Zealand has a mixed economy which is mostly based on the free market principles. 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