date:Mar 07, 2013
12-13 dollars) in the 10 years to 2011-12.
Reductions in average farm cash income are projected for broadacre farms in Victoria, South Australia and Western Australia due to lower livestock and wool prices and a reduction from historically high crop production in 2011-12.
At the national level, average cash income for dairy farms is projected to be around A$95,000 per farm in 2012-13, down from A$143,200 per farm in 2011-12. This reflects lower farm-gate milk prices and rises in fodder and oth