Facts: In land area, Australia is the sixth largest nation after Russia, Canada, China, the United States of America and Brazil. It has, however, a relatively small population. Farmers occupy and manage 54% of Australias landmass
Australia is the only nation to govern an entire continent and its outlying islands. The mainland is the largest island and the smallest, flattest continent on Earth. It lies between 10 and 39 degrees South latitude.
With its abundant physical resources, Australia has enjoyed a high standard of living since the nineteenth century. It has made a comparatively large investment in social infrastructure, including education, training, health and transport.
There are 140,704 farms in Australia – including those for whom farming is not their primary business. However, there are 125,594 farms solely dedicated to agricultural production.
Australian farms and their closely related sectors generate $137 billion-a-year in production – underpinning 12% of GDP. Sugar & Cotton represented approx. $1.5 billion in 2008.
Australia main exports are to Asia, the worlds fastest growing economy.
Australian farmers spent $3 billion on Natural Resource Management (NRM) over 2006-07, managing or preventing weed, pest, land and soil, native vegetation or water-related issues on their properties. More than $2.3 billion was spent on weed and pest management, while land and soil-related activities accounted for $649 million of total expenditure. Should we grow hemp instead?
Australia is the worlds second largest exporter of sugar. Many large sugar farmers are now interested in hemp.
Manufacturers need to divest from previously stable industries. Retailers are now demanding green products.