The federal government‘s budget includes a promise to increase the AgriStability compensation rate from 80 to 90 per cent and the payment cap per farm cap from $3 million to $6 million.
The Advance Payments Program for canola will add $97.5 million for the next two years to increase the interest-free limit on advances to $500,000.
But the budget cuts spending on agriculture research, closure of the Agricultural Climate Solution Living Labs. It said the entire research work will be streamlines and re-aligned.
Cutting research while increasing subsidies is a return to the foolish policies of the past.
