Crowe Horwath, part of Findex, teamed with the National Farmers’ Federation (NFF) on the weekend to assist Australian farmers prosper as the sector moves into a new era of intense global competition where innovation will need to play a critical role.
Spiro Paule, Chief Executive Officer, Findex, has commented on the Digital Transformation initiatives announced on Saturday by the Prime Minister, Malcolm Turnbull and the NFF, suggesting Australian farmers must digitally innovate and thereby grab export growth opportunities.
One of the key components of the NFF’s initiative is an innovation hub for agricultural technologies called ‘Sprout’, which has been developed in partnership with Findex. This AgTech incubator program will be a mechanism to identify, foster and promote the best new ideas in the food and agribusiness arena.
“To extend our Prime Minister’s narrative, we at Crowe Horwath believe there has never been a more exciting time to be an Australian farmer and we are delighted to be able to play a part in unlocking future opportunities for this vital sector,” said Mr Paule.
“The Australian agriculture sector has been, and will be, a key pillar of our economy. It can be the new sustainable base load of the export economy, given the cyclical nature of commodities markets. It’s time the sector realised the full potential of being innovative by adopting assistance and advice provided by leading industry experts.
“We are witnessing a new growth phase for agriculture that is likely to generate $1.2 trillion in revenue between now and 2030; this year alone agriculture is predicted to reap a record farm-gate return of $57.6 billion.
“The sector has a strong track record in innovation and adoption – but there is room for improvement, particularly in the commercialisation of our world class research.
“Against this backdrop, we strongly believe that the agri-sector needs to embrace a new spirit of innovation and entrepreneurship so our farmers can compete not only locally, but on a global scale.
“We’re proud to be part of such a revolutionary strategy, and look forward to seeing where this journey leads us all in building a bright and prosperous future for Australian agriculture,” Mr Paule said.