The dairy industry is kickstarting a new program that will help give Tasmanian farmers the tools to prepare for and manage risk, adapt to a changing climate and improve farm business resilience.
More than $4 million has been jointly committed by Australian and Tasmanian Governments to the new Tasmanian Farm Business Resilience Program under the Australian Future Drought Fund.
Over the next two years the target is for 75 dairy farmers to receive subsidised learning opportunities and develop farm business plans, tailored to a participant's own agribusiness, risks and situation.
The initiative is helping the state's dairy industry remain sustainable while contributing to Tasmania's economy. Tasmania's dairy industry makes up 10.8 per cent of the country's total milk volume.
The Tasmanian Farm Business Resilience Program will be rolled out to other agricultural sectors in the new financial year.
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