
Halve the Depreciation Rate on Farm Machinery to Drive Productivity
It’s hard to imagine that Australian agriculture would have been able to compete globally if we had stood still in the early 1980s with machinery that maxed out at 350hp tractors, 40ft bars and 30ft header fronts. Over the past forty years the size of the largest new machinery has effectively doubled. One of the hidden forces of productivity growth in the Australian broadacre agricultural sector is the use of large modern high-tech machinery. The


