Business Daily Media

Drought is inevitable, Mr Joyce

  • Written by John Freebairn, Professor, Department of Economics, University of Melbourne

Barnaby Joyce, Australia’s new special envoy for drought assistance and recovery, will have to be careful he doesn’t do more harm than good.

Government funding of agriculture during a drought typically falls into three categories:

  • subsidies for farm businesses
  • income supplements for low-income farm families
  • support for better...

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