Business solutions & technology
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Rural Business
Nation’s farm confidence rebounds to highest level in almost five years
March 26, 2020
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2 min read
Results at a glance:
■ Significant rain prompts major turnaround in farmer sentiment across Australia, despite ongoing effects of drought and bushfire
■ Farmers are confident of return to better seasons and improved farm incomes
■ Strong commodity prices are fuelling farmer optimism
■ Confidence up in all states, with most notable swings in NSW and Queensland
■ Survey finds nearly 70% of farmers expect climate change will impact their business in the next decade, with 20% expecting that impact to be major
