The biannual NSW Farmers Business Sentiment Survey indicates that 56% of farmers are facing worsening business conditions in 2025, primarily due to natural disasters, rising input costs, and global trade challenges. The survey highlights a significant increase in concerns about accessing insurance, which rose by 10% over the past year. Samuel Miller, principal economist at NSW Farmers, emphasized the dual impact of drought and severe weather on agricultural viability, calling for meaningful support for affected farmers.
In response to the ongoing challenges, Australian Women in Agriculture is seeking sponsorship for attendance at the 2026 AWiA National Conference, aiming to empower women in the agricultural sector. Additionally, the National Farmers’ Federation (NFF) has expressed concerns regarding a recent 3.5% increase in the National Minimum Wage, stressing that without a corresponding rise in productivity, such wage growth could threaten the sustainability of small and family-run farms.
The agricultural sector is also seeing initiatives like the 2025 Upskill and Invest Young Farmers Scholarship Program, which offers financial support for training and practical investments to young farmers. Furthermore, the Australian thoroughbred breeding industry has shown robust economic performance, contributing $1.68 billion to the national economy, underscoring its significance in regional Australia. A new cybersecurity resource initiative led by Charles Sturt University aims to enhance farmers’ cybersecurity management through accessible online materials.
