Australian vegetable-growing farms: Farm capital and investment web-report

Overview

Since 2007 ABARES has conducted an annual survey of vegetable-growing farm businesses to provide industry and government with information about farm-level production and the financial situation of vegetable growers. These web-reports present estimates of farm financial performance, farm debt, farm equity, farm capital and farm investment for the vegetable-growing industry from 2006-07 to 2016-17.

Key Issues
• The total value of capital for Australian vegetable-growing farms decreased by 15 per cent in real terms from 2006-07 to 2015-16 because of a reduction in the number of vegetable-growing farms. Nevertheless, Australian vegetable growers made an average of $271 million in new capital investment each year from 2006-07 to 2015-16 (in 2016-17 dollars). On a per farm basis, average total capital increased by 35 per cent to around $4.5 million per farm.