Agribusiness is an essential part of the Australian agricultural sector and is a significant contributor to the Australian economy.
Agribusiness has maintained rural regional growth across much of the country.
Consolidation of farming enterprises is an essential strategy to remain viable and competitive in both the global and Australian agricultural industry. Part of this strategy has seen increasing corporatisation in the Australian agricultural industry as farm production has progressed from the more traditional farming practices with increasing reliance on scale and technology to adopt precision agriculture approach.
Managed investment schemes (MIS) have been arguably a significant leading contributor to this corporatisation of the industry. MIS have contributed substantially to investment, regional growth and significant job opportunities for the rural economy.
They have also provided an opportunity for all Australians to invest in the agricultural sector.