The oecd has recently reviewed agricultural supports.
It notes that Australia and NZ have some of the lowest support levels in the world – although exceptional circumstances are mentioned.
In a country where weather variability is normal – it is interesting to see that we don’t have serious programs in place to ensure that businesses such as dairy that have high capital set up costs and little room for change – you can’t dry off a cow quickly or turn a cow on easily OR quickly.
Knowing, comparing and promoting our industry structures are incredibly important. I know these things are not discussed in Australia. I think this is TO OUR DETRIMENT.