Ways in which government could support northern development, based on a summary of literature
What does it take for investments in new intensive agriculture to succeed in northern Australia? And how can government better support those investing in agriculture?
There are multiple pathways to successful agricultural investment in northern Australia, with no single recipe for how government can provide support. Lessons can be learned from past successes and failures, together with technical evaluations of future potential options. There is substantial information on these topics from recent assessments. This case study integrates that information to help evaluate and identify the combined sweet spot for viable investment opportunities.
The Agriculture investment case study differed from others in the project in that it drew insights from literature instead of data analysis. The approach taken here was to synthesise information from key literature covering markets, agricultural production and relative competitiveness for new intensive agricultural development in northern Australia. From this literature four key opportunities and four key risks were identified for each of the three facets.