Matthew Canavan (Queensland, Liberal National Party, Minister for Resources and Northern Australia) Share this | Hansard source

I'm glad to report that many agricultural stakeholder groups have been very positive about the measures that we have announced in the budget, including the National Farmers' Federation. They gave a scorecard to the budget. The areas of the budget for agriculture and for regional Australia, may I add, both received an A from the NFF. The New South Wales Farmers Association president, Derek Schoen, said:

…investment in biosecurity, GPS and satellite imagery, agricultural freight, and the extension of the $20,000 instant asset write off are among the positive announcements for the Australian agricultural industry.

Those investments in GPS are very important for the agricultural sector. They'll take satellite positioning technology in Australia from one of the least accurate in the world to one of the best, which will particularly help those farming industries investing in precision agriculture.

The Australian Livestock Exporters' Council were also commending of the budget, particularly the funding to increase our relationship with Indonesia to support our very important live cattle trade, which is especially important for northern Australia.