Agricultural Competitiveness White Paper​​ https://agwhitepaper.agriculture.gov.au/rss.xml en A fairer go for farm businesses​​​​ https://agwhitepaper.agriculture.gov.au/white-paper/creating-fairer-farm-business <span class="field field--name-title field--type-string field--label-hidden">A fairer go for farm businesses​​​​</span> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span lang="" about="/user/1" typeof="schema:Person" property="schema:name" datatype="">eUq3seggzYukdq</span></span> <span class="field field--name-created field--type-created field--label-hidden">Wed, 2019-01-16 09:05</span> <div class="layout layout--onecol"> <div class="layout__region layout__region--content"> <div class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>The government is committed to helping farmers achieve a better return at the farm gate by creating a more competitive business environment, less regulation and lower, simpler and fairer taxes.</p> <h2>Fairer competition for farm produce</h2> <p>We are creating a more competitive business environment for a stronger economy and stronger agriculture sector.</p> <ul> <li>$11.4 million will be spent to <a href="https://www.accc.gov.au/about-us/information-for/agriculture">boost Australian Competition and Consumer Commission (ACCC) engagement with the agriculture sector</a> including a new Commissioner dedicated to agriculture, to encourage fair-trading and strengthen competition in agricultural supply chains.</li> <li>$13.8 million for a <a href="http://agriculture.gov.au/ag-farm-food/farm-collaboration">two year pilot programme</a> to provide knowledge and materials on cooperatives, collective bargaining and innovative business models. This will help farmers to establish alternative business models (including cooperatives) and manage contract negotiations.</li> </ul> <h2>Better Regulation</h2> <p>We are committed to reducing red tape from the economy by $1 billion a year. Less red tape makes business easier for farmers.</p> <ul> <li>$20.4 million to further <a href="http://www.agriculture.gov.au/ag-farm-food/ag-vet-chemicals/better-regulation-of-ag-vet-chemicals/streamlining">streamline agricultural and veterinary chemicals</a> approvals, resulting in faster access to new farm chemicals and a reduction in the cost of doing business.</li> <li>Productivity Commission reviews will look at reducing regulation for the <a href="http://www.pc.gov.au/inquiries/current/agriculture#draft">Australian agriculture</a>, <a href="http://www.pc.gov.au/inquiries/current/fisheries-aquaculture#draft">marine fisheries and aquaculture industries</a>.</li> <li><a href="http://www.foodlabels.industry.gov.au/">Improved country of origin labelling</a> to let consumers know where food is grown and processed.</li> </ul> <h2>A better tax system for farm businesses</h2> <p>The government is continually working to ensure taxes are lower, simpler and fairer for our farmers and all Australians.</p> <ul> <li>Farmers will be able to opt back into <a href="http://agriculture.gov.au/ag-farm-food/drought/assistance/tax-relief">income tax averaging</a> after 10 years.</li> <li><a href="http://agriculture.gov.au/ag-farm-food/drought/assistance/fmd">From 1 July 2016, farmers will be able to double their Farm Management Deposits (FMDs) to $800,000</a>.</li> <li><a href="http://agriculture.gov.au/ag-farm-food/drought/assistance/fmd">From 1 July 2016, banks can allow farmers to use FMDs as a loan offset, reducing interest costs</a>.</li> <li>Accelerated depreciation for fencing has been simplified—farmers are able to immediately <a href="https://www.ato.gov.au/General/New-legislation/In-detail/Direct-taxes/Income-tax-for-businesses/Accelerated-depreciation-for-primary-producers/">deduct the cost of new fencing</a> in the first year of purchase.</li> <li>The Growing Jobs and Small Business package announ​​​​ced in the 2015–16 Budget will benefit 97 per cent of farmers.</li> <li>Through the <a href="http://bettertax.gov.au/">Tax White Paper</a> the Government will deliver taxes that are lower, simpler and fairer.</li> </ul> </div> </div> <div class="highlighted-box"> <div class="field field--name-field-document-download field--type-entity-reference field--label-above"> <h2 class="field__label">Document download options</h2> <p>This information is available in the following format:</p> <ul class="field__items"> <li class="field__item"><article class="media media--type-file media--view-mode-default"> <div class="layout layout--onecol"> <div class="layout__region layout__region--content"> <div class="field field--name-name field--type-string field--label-hidden field__item"><a href="https://agwhitepaper.agriculture.gov.au/sites/default/files/SiteCollectionDocuments/ag-wp-chpt1-fairer-go-for-farm-businesses.pdf" target="_blank">Chapter 1: A fairer go for farm businesses <span><img src="/sites/default/files/SiteCollectionImages/application-pdf.png" alt="">PDF [639 KB] </span></a></div> </div> </div> </article> </li> </ul> </div> <div class="field field--name-field-factsheets field--type-entity-reference field--label-above"> <h2 class="field__label">Fact sheets</h2> <ul class="field__items"> <li class="field__item"><article class="media media--type-fact-sheets media--view-mode-default"> <div class="layout layout--onecol"> <div class="layout__region layout__region--content"> <div class="field field--name-name field--type-string field--label-hidden field__item">Fairer competition for farm produce</div> <div class="field field--name-field-media-file field--type-file field--label-hidden field__items"> <div class="field__item"> <span class="file file--mime-application-vnd-openxmlformats-officedocument-wordprocessingml-document file--x-office-document"> <a href="https://agwhitepaper.agriculture.gov.au/sites/default/files/SiteCollectionDocuments/Fairer-competition-for-farm-produce.docx" type="application/vnd.openxmlformats-officedocument.wordprocessingml.document; length=1114732" target="_blank">Word <span class="size">[1.1 MB]</span></a></span> </div> <div class="field__item"> <span class="file file--mime-application-pdf file--application-pdf"> <a href="https://agwhitepaper.agriculture.gov.au/sites/default/files/SiteCollectionDocuments/Fairer-competition-for-farm-produce.pdf" type="application/pdf; length=242142" target="_blank">PDF <span class="size">[236 KB]</span></a></span> </div> </div> </div> </div> </article> </li> <li class="field__item"><article class="media media--type-fact-sheets media--view-mode-default"> <div class="layout layout--onecol"> <div class="layout__region layout__region--content"> <div class="field field--name-name field--type-string field--label-hidden field__item">Better regulation</div> <div class="field field--name-field-media-file field--type-file field--label-hidden field__items"> <div class="field__item"> <span class="file file--mime-application-vnd-openxmlformats-officedocument-wordprocessingml-document file--x-office-document"> <a href="https://agwhitepaper.agriculture.gov.au/sites/default/files/SiteCollectionDocuments/Better-regulation.docx" type="application/vnd.openxmlformats-officedocument.wordprocessingml.document; length=242088" target="_blank">Word <span class="size">[236 KB]</span></a></span> </div> <div class="field__item"> <span class="file file--mime-application-pdf file--application-pdf"> <a href="https://agwhitepaper.agriculture.gov.au/sites/default/files/SiteCollectionDocuments/Better-regulation.pdf" type="application/pdf; length=269827" target="_blank">PDF <span class="size">[264 KB]</span></a></span> </div> </div> </div> </div> </article> </li> <li class="field__item"><article class="media media--type-fact-sheets media--view-mode-default"> <div class="layout layout--onecol"> <div class="layout__region layout__region--content"> <div class="field field--name-name field--type-string field--label-hidden field__item">A better tax system</div> <div class="field field--name-field-media-file field--type-file field--label-hidden field__items"> <div class="field__item"> <span class="file file--mime-application-vnd-openxmlformats-officedocument-wordprocessingml-document file--x-office-document"> <a href="https://agwhitepaper.agriculture.gov.au/sites/default/files/SiteCollectionDocuments/A-better-tax-system.docx" type="application/vnd.openxmlformats-officedocument.wordprocessingml.document; length=315862" target="_blank">Word <span class="size">[308 KB]</span></a></span> </div> <div class="field__item"> <span class="file file--mime-application-pdf file--application-pdf"> <a href="https://agwhitepaper.agriculture.gov.au/sites/default/files/SiteCollectionDocuments/A-better-tax-system.pdf" type="application/pdf; length=536543" target="_blank">PDF <span class="size">[524 KB]</span></a></span> </div> </div> </div> </div> </article> </li> <li class="field__item"><article class="media media--type-fact-sheets media--view-mode-default"> <div class="layout layout--onecol"> <div class="layout__region layout__region--content"> <div class="field field--name-name field--type-string field--label-hidden field__item">Improving Farm Management Deposits</div> <div class="field field--name-field-media-file field--type-file field--label-hidden field__items"> <div class="field__item"> <span class="file file--mime-application-vnd-openxmlformats-officedocument-wordprocessingml-document file--x-office-document"> <a href="https://agwhitepaper.agriculture.gov.au/sites/default/files/SiteCollectionDocuments/Improving-Farm-Management-Deposits.docx" type="application/vnd.openxmlformats-officedocument.wordprocessingml.document; length=215693" target="_blank">Word <span class="size">[211 KB]</span></a></span> </div> <div class="field__item"> <span class="file file--mime-application-pdf file--application-pdf"> <a href="https://agwhitepaper.agriculture.gov.au/sites/default/files/SiteCollectionDocuments/Improving-Farm-Management-Deposits.pdf" type="application/pdf; length=256881" target="_blank">PDF <span class="size">[251 KB]</span></a></span> </div> </div> </div> </div> </article> </li> <li class="field__item"><article class="media media--type-fact-sheets media--view-mode-default"> <div class="layout layout--onecol"> <div class="layout__region layout__region--content"> <div class="field field--name-name field--type-string field--label-hidden field__item">Investing in our farms</div> <div class="field field--name-field-media-file field--type-file field--label-hidden field__items"> <div class="field__item"> <span class="file file--mime-application-vnd-openxmlformats-officedocument-wordprocessingml-document file--x-office-document"> <a href="https://agwhitepaper.agriculture.gov.au/sites/default/files/SiteCollectionDocuments/Investing-in-our-farms.docx" type="application/vnd.openxmlformats-officedocument.wordprocessingml.document; length=221200" target="_blank">Word <span class="size">[216 KB]</span></a></span> </div> <div class="field__item"> <span class="file file--mime-application-pdf file--application-pdf"> <a href="https://agwhitepaper.agriculture.gov.au/sites/default/files/SiteCollectionDocuments/Investing-in-our-farms.pdf" type="application/pdf; length=270646" target="_blank">PDF <span class="size">[264 KB]</span></a></span> </div> </div> </div> </div> </article> </li> </ul> </div> </div> </div> Tue, 15 Jan 2019 22:05:00 +0000 eUq3seggzYukdq 5 at https://agwhitepaper.agriculture.gov.au