Creating a prosperous, sustainable and healthy Northern Australia

De-risking, brokering and prioritising agricultural development in the Northern Territory

De-risking, brokering and prioritising agricultural development in the Northern Territory
  • Aquaculture
  • Beef
  • Broadacre cropping
  • Forestry
  • Horticulture
  • Strategic policy development
  • Supply chain development

Summary

NAJA Business Consulting was engaged by the Cooperative Research Centre for Developing Northern Australia (CRCNA) to undertake a study into de-risking, brokering and prioritising agricultural and aquacultural development in the Northern Territory as part of a wider collaboration between the CRCNA and the Northern Territory (NT), Queensland (QLD) and Western Australian (WA) governments to support the development of new agricultural activity across Northern Australia.

This report explores constraints identified that inhibit agricultural development in the Northern Territory, reflecting upon:

  • Complex land tenure arrangements
  • Limited understanding of water availability and soil suitability
  • Secure water rights and water infrastructure
  • Transport and communications infrastructure
  • Supportive regulatory environment
  • Supportive investment environment

Recommendations around the following themes have been proposed to facilitate pathways to sustainable (economic, environment, and social) development. These include:

  • Developing an efficient approach to converting parts of pastoral leases to freehold
  • De-risked agricultural precincts that provide certainty for investors
  • Enabling aboriginal agricultural development
  • Targeting infrastructure to facilitate development
  • Providing a supportive regulatory environment
  • Strategic de-risking in coordinated and targeted research
  • Improving trust, relationships and culture

Projects

Prioritising, de-risking and brokering agricultural development in the Northern Territory

Prioritising, de-risking and brokering agricultural development in the Northern Territory

In partnership with the NT’s Investment Territory and partner agencies, the Commonwealth, industry and other stakeholders this project will explore the issues at hand and propose innovative solutions to support the development of new agricultural activity across northern Australia. In the context of this project, “agricultural development” is a general term related to a variety of agricultural or aquaculture expansion practices which create entirely new production systems, and/or increase the value of current production systems across tenures. Examples include the development of new irrigated and dryland cropping systems, horticulture, and the intensification of livestock production, including directly associated processing or supply chain services.

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