Developing farm business resilience

A successful farm business resilience pilot program run by Dairy Tasmania is being rolled out to other industries. It will give Tasmanian farmers the tools to prepare for, manage risk, and adapt to a changing climate.

A successful farm business resilience pilot program run by Dairy Tasmania is being rolled out to other industries. It will give Tasmanian farmers the tools to prepare for and manage risk and adapt to a changing climate.

The Federal and Tasmanian State Governments have jointly committed over $4 million to the new Tasmanian Farm Business Resilience Program under the Australian Future Drought Fund.

Over the next two years, the target is for at least 300 farming businesses to receive subsidised learning opportunities. It will help develop farm business plans tailored to a participant’s own agribusiness, risks and situation.

The tender process is now open to industry groups and service providers. They would show how to deliver similar farm business resilience plans for other industry sectors across Tasmanian regions.

The Program runs until late 2025.

The Tasmanian Government will also support a $450,000 partnership with Dairy Tas. Dairy Tas will deliver its Our Farm Our Plan framework to 75 dairy farmers.

The Program will give farmers access to workshops and one-on-one support to consider their long-term goals, business management and risks, investment priorities, natural resource management, climate change, succession plans, sustainable irrigation, and farm safety.

Further information is available from the NRETas website: www.nre.tas.gov.au/fbr

Quotes attributable to Federal Agriculture, Fisheries and Forestry Minister Murray Watt:

“The Albanese Labor Government is committed to working collaboratively with government and industry to ensure businesses are equipped for the future.

Tasmanians are no strangers to natural disasters and drought. We are pleased to commit federal funding to help develop more resilient communities.”

Quotes attributable to Tasmanian Minister for Primary Industries and Water Jo Palmer:

“Developing a climate-ready agricultural sector is a priority to unlocking the Rockliff Liberal Government’s target to grow the value of agriculture to $10 billion by 2050.

“We know this starts on the farm, supporting farmers, farm managers, and their employees with training and coaching to develop or update their plans for their own business in their way.

“The Tasmanian Farm Business resilience program has been designed with the ethos “developed by farmers for farmers.”

“I would like to congratulate DairyTas for leading the way with building on-farm resilience and preparedness and managing the risks to sustainable production and the competitiveness of the Tasmanian dairy sector.

“I look forward to other Tasmanian industry sectors taking advantage of this fantastic program.”

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