The Australian – in partnership with Visy and supported by The Wall Street Journal – is presenting a landmark conference on food security in Melbourne on April 18 to explore the potential for agriculture to become Australia’s next great economic boom.
Hear from key leaders and industry experts on the opportunities and challenges Australia faces to meet the growing Asian demand for food and become the food bowl of the region.
The world is running out of food. And the growth of the Asia Pacific middle-class, with its demands for higher-protein diets, offers a unique opportunity for Australian farmers, agriculture companies and other service industries.
But is Australia ready to meet this challenge?
It is estimated that more than $1 trillion in capital is needed in Australia’s agricultural sector in the years ahead – for farms, infrastructure and facilities such as food processing centres – if we are to capture our share of this enormous and growing market.
More foreign investment will be required in Australian farmland, presenting a delicate political challenge for the nation’s leaders as they seek a balance between leveraging this new economic opportunity with concerns over land ownership. And development of the agricultural economy to feed the region will put more pressure on the nation’s existing land and irrigation systems.
Managing all of these challenges will be a key issue for policy-makers in the years ahead.
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Date: Thursday 18th April 2013 (8:00am – 5:30pm)
Venue: Grand Hyatt Melbourne, 123 Collins Street Melbourne VIC 3000