Funding for biosecurity applauded
- By: "Farm Tender" News
- Ag Tech News
- May 09, 2018
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$101.6 million funding to enhance Australia’s biosecurity system is the highlight of the 2018 budget according to peak wool industry representative group, WoolProducers Australia.
WoolProducers Australia President, Mr Richard Halliday said ‘Australia’s wool industry relies on sound biosecurity practices across the supply chain, starting with on-farm management through to border protection, to ensure ongoing market access’.
‘The financial commitment made by the government in last night’s budget demonstrates the importance of biosecurity to Australia’s agricultural trade and the broader economy’. Mr Halliday said.
This new funding includes the allocation of $6.6 million to develop national action plans, similar to the WoolProducers initiated National Wild Dog Action Plan, for other established pests and weeds.
‘A coordinated approach to the management of pests and weeds is the most effective way to combat the threat these incursions pose to Australia’s agricultural production’. Mr Halliday said.
WoolProducers also welcomed the extension of the immediate on-farm asset write off for businesses.
‘The accelerated depreciation measures enable small businesses with a turnover of less than $10 million to immediately deduct asset purchases under $20,000’.
‘This measure encourages these businesses to immediately invest in capital expenditure such as fencing, tanks, and feed silos’. Mr Halliday said.
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