Economic resilience is of paramount importance for the sustainability of Australian agriculture, as it serves as a vital safeguard against potential shocks and uncertainties in the sector.
The Australian Agricultural Sustainability Framework (AASF) establishes a common set of sustainability principles crucial to the economic resilience of our vibrant and important industry.
These principles focus on stringent approaches to biosecurity to effectively mitigate and manage the impact of biosecurity threats, good governance through compliance with laws and regulations and ensuring fair market access, traceability, transparency and documented supply chains, demonstrating the industry’s dedication to eliminating unethical practices.
Stringent biosecurity measures protect farms from pests and diseases and enhance Australia’s international trade reputation.
Good governance ensures transparent and accountable management practices at farm, industry and government levels. Effective governance supports agricultural activities, encourages innovation and addresses emerging challenges, enabling farmers to adapt to market conditions.
Fair trading practices provide a level playing field in domestic and international markets. Equitable pricing and transparent supply chains benefit farmers, enabling them to reinvest, adopt sustainable practices and enhance their overall economic resilience.
By prioritising these principles, Australian farms can strengthen themselves, foster growth and contribute to the nation’s prosperity.