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Budgeting for drought

Some forms of government assistance can help facilitate adjustment to drought, including support for those small-business families facing poverty, as well as helping people to make better decisions when it comes to planning and preparing. On the other hand, ad hoc handouts to farm businesses in the form of subsidies for interest, freight and transport can have undesirable effects in terms of Australia’s national productivity and equity. Read More

Basin Plan ensures fair share through drought

As drought rages, this week's release of the Murray-Darling Basin Plan 5-year assessment draft by the Productivity Commission has sparked a debate about its future. Upsetting the balance and support enjoyed by the basin plan risks both a healthy river system and agriculture production. Read More