@article{Lagura:59095,
      recid = {59095},
      author = {Lagura, Erwin and Ronan, Glenn},
      title = {How Profitable is Farm Business in Australia? Farm  Performance Data and Some Implications from ABARE Broadacre  and Dairy Industries Farm Surveys},
      address = {2010},
      number = {421-2016-26842},
      pages = {22},
      year = {2010},
      abstract = {Time series data on farm profitability for Australia and  South Australia from
ABARE’s farm surveys, shows a minority  of businesses consistently profitable
and a majority not.  The paper finds evidence of prevalent and  persistent
negative farm profit in both available long-run  data (1990-2007) and more
recent data (2006-09). Trends in  several structural change elements,
productivity, farm size  and age of operators, are also examined to aid  the
interpretation of farm economic performance in  agri-food.
The paper concludes with several contemporary  examples of public policy
distorting the structure and  performance of the farm sector and spoiling the
usefulness  of profitability as an indicator of sectoral performance.  Policies on
hobby farming tax benefits, drought, and  agribusiness managed investment
schemes policy are  discussed in this context},
      url = {http://ageconsearch.umn.edu/record/59095},
      doi = {https://doi.org/10.22004/ag.econ.59095},
}