New agriculture minister’s pledge to the $80b sector

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New agriculture minister’s pledge to the $80b sector
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Murray Watt wants to move the industry “up the value chain”, help farmers cash in on the shift to net zero and to ramp up productivity across the board.

, pledging to ramp up productivity, move exports “up the value chain” and help farmers cash in on the shift to net zero.following his cabinet appointment, the Queensland senator said he was also focused on “immediate priorities” such asMurray Watt with Governor-General David Hurley at his swearing-in ceremony this month.

“There will also be a market for our raw commodities, but ... we think there’s a lot of opportunity where we can add some processing to that product, then that obviously extracts more value for Australia and more jobs through food processing and manufacturing”.Senator Watt said climate change adaptation could also be “a massive opportunity for the agriculture sector”, but that “rural Australia has been delayed” in taking advantage of this under the previous government.

“It’s probably too early to give any specific suggestions, it’s more about identifying that there are some real opportunities and that the [Emissions Reduction Fund] hasn’t really worked well for individual farmers, so there are changes that are needed to make it much more accessible for the average farmer.”The difficulty of selling carbon credits at a small scale and validating offsets meant farmers generally sold them to traders such as GreenCollar, AgriProve and Corporate Carbon.

He said implementing Labor’s election promises for the sector were also a pressing concern – the banning of live exports, and helping primary producers and processers through theHe has also inherited the forestry crisis, as global timber prices surge and a combination of insufficient local production, bushfire damage and import delays result in stalled building projects.

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