date:Mar 07, 2013
er input prices.
Productivity in the broadacre industries has grown at an average rate of one per cent a year between 1977-78 and 2010-11. Over this period, productivity growth rates differed between the main farm types: 1.5 per cent a year for cropping, 0.9 per cent a year for beef and around zero growth for sheep. Productivity growth for the dairy industry averaged 1.6 per cent a year between 1978-79 and 2010-11.
Australia has maintained its productivity and competitiveness against key compe