Steve Hatfield-Dodds

Murray Darling Junction, Wentworth NSW. Hypervision Creative/Shutterstock

Recovering water for the environment in the Murray‑Darling: farm upgrades increase water prices more than buybacks

Marking farms more water-efficient pushes up prices twice as much as buying water back.
The Australian Bureau of Agricultural and Resource Economics and Sciences farmpredict model finds that changes in climate conditions since 2000 have cut farm profits by 22% overall, and by 35% for cropping farms.. ABARES/Shutterstock

Climate change since 2000 has cut farm profits 22%

For crop farmers, the risk of low profit years has doubled.
The receding waters of Lake Pamamaroo which makes up part of the Menindee Lakes system near the township of Menindee, Thursday, February 14, 2019. Dean Lewins/AAP

Droughts, extreme weather and empowered consumers mean tough choices for farmers

Australia’s farming industry will need to take full account of its obligations to its workers, its customers, society and the environment if it is to prosper in the years to 2030.
Policies such as subsidies for livestock feed risk weakening proper management incentives for farmers to plan for and adapt to drought. AAP Image/Lukas Coch

Helping farmers in drought distress doesn’t help them be the best

We need to make sure well-meaning policy responses to drought don’t do more harm than good.

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