WA farmer confidence hits decade high, eclipsing levels reported across nation miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
34% of farmers eyeing raised business investment
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Sarah Simpkins
Sarah Simpkins
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Roughly one-third of Australian farmers expect to increase their business investment over the year ahead, according to a new survey.
The Rabobank Rural Confidence Survey has revealed that while overall net sentiment eased slightly from the previous quarter, almost 90 per cent of Australian farmers were anticipating strong business conditions in the agricultural sector to continue or improve over the year ahead.
Around a third (34 per cent) of farmers in the May survey have signalled expectations to increase investment over the year ahead, while 60 per cent will maintain business spending at current levels.
The Country - David Seymour edition nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.