Determining whether a region or farm is “in drought” is a longstanding and complex problem which remains important to our future drought response.
- Adjunct Associate Professor, Centre for Regional and Rural Futures, Deakin University
New ABARES research examines the climate change challenge facing Australian farmers
New research finds water markets in the southern Murray-Darling produce benefits of around $117 million per year.
Marking farms more water-efficient pushes up prices twice as much as buying water back.
For crop farmers, the risk of low profit years has doubled.
High water prices in the Murray-Darling Basin are blamed on foreign investors and corporate speculators. The simple truth is they are caused mostly by lack of rain.
While drought insurance schemes have produced mixed results to date, there remains hope for the future.
We need to make sure well-meaning policy responses to drought don’t do more harm than good.
New research shows Australian farmers are adapting to climate change, offsetting at least part of a climate change-induced decline.
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