A recent survey has shown farmers under the age of 45 are more likely to invest in their business than older counterparts.
The research, carried out by the Commonwealth Bank, revealed young farmers are optimistic, and understand the importance of being proactive.
“They can see the outlook for agriculture and they can, really interested in improving their investment in fixed infrastructure and technology to improve their enterprise.”
The survey revealed one in 10 young farmers intend to increase the time they spend working each year.
“Beef cattle farmers had the highest level of investment intentions among young farmers, and that was quickly followed by lamb producers.”
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