Australian Farmers- Least Subsidised and Most Efficient

With many parts of Eastern Australia in drought, our farmers are again doing it tough and asking for emergency relief. So how do we compare with other cuntries in support for farmers?

From the ABC:

Malcolm Turnbull correct: Australian farmers among world’s least subsidised

Mr Turnbull is correct on farmers' subsidies. There’s been intense debate about the Federal Government’s refusal to subsidise General Motors and SPC Ardmona. And there are still questions about the Government stepping in to assist Qantas.

Federal Treasurer Joe Hockey has said the age of entitlement is over.

On ABC TV’s Q&A program, Communications Minister Malcolm Turnbull was asked whether the Government’s hard line on subsidising the manufacturing industry also applied to agriculture.

He said: “Our farmers are among the least subsidised in the world, the least supported in the world.”

  • The claim: Malcolm Turnbull says Australian farmers are among the least subsidised in the world.
  • The verdict: Australian farmers receive subsidies of 3 per cent, ranking them the second lowest in the OECD.

ABC Fact Check examines the evidence on agricultural subsidies.

Read the full story here

Leave a comment