Greater sustainability and improved nutrition through smart technology and supply chain logistics
The federal government has extended the International Freight Assistance Mechanism until June 2022, helping Australia’s fresh-food exporters deliver goods into markets globally.
Vegan oat milk company Oatly, its brand boosted by high-profile investors including Oprah Winfrey, is set to cash in on booming demand for plant-based milks with an initial public offering in the US.
Announced on 10 March 2021, the federal government’s new Commercialisation Fund offers dollar-matched grants of between $100,000 and $1m to small-scale, collaborative manufacturing projects.
Research bodies including universities, CSIRO and CRCs; female-led start-ups; and those seeking STEM careers are all beneficiaries in the 2020-21 Federal Budget.
The 2020-2021 Budget has much to offer Australia’s farmers and food producers, providing funds for key infrastructure, regional manufacturing, connectivity and more, says our peak farming body.