Australia cattle association welcomes new budget
In particular it is pleased to see that there will be greater tax incentives for on-farm improvements, strategic investment in northern beef roads, and ongoing measures to support producers affected by drought.
Howard Smith, president of the CCA, said: "These measures will have tangible benefits for Australian Cattle Producers and we congratulate the Abbott Government on their initiative.
"Many people don’t realise that on-farm infrastructure must be maintained regardless of seasonal or market conditions and these tax measures provide a practical means of freeing up cash-flow," he added.
"We are also encouraged by this announcement that northern beef roads will be upgraded. The north has been crying out for investment for decades and this news is welcome."