date:May 27, 2013
th Bank of Australia.
If we don't adopt new technology, we can give up on these high-flying ambitions of being the food bowl of Asia.
Agriculture now accounts for 2 percent of Australia's gross domestic product, but the government forecasts it could reach 5 percent by 2050. Its growth is particularly important now the once-booming mining sector is slowing.
Australia is the world's second-biggest wheat exporter and arable farmers are already using specialised technology aimed at improving effi