ECONOMIC AGENDA: Sorting out the confusion over Australia’s agricultural exports*

There is widespread confusion over how to measure the proportion of Australia’s agricultural output that is destined for export. In the last issue of News Weekly (April 26), we asked whether exports are worth 80 per cent, 70 per cent, 60 per cent or just 25 per cent of the earnings from agriculture. Agriculture Minister Barnaby Joyce. It was pointed out that there was a problem with the estimates produced by leading government bodies such as the Department of Agriculture Fisher…

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