Agribusiness, food processing tipped among Australia’s 25 growth ‘hot-spots’

Value-added food processing has been identified by financial consultancy Deloitte as one of 25 growth hot-spots with the biggest potential to lift Australia’s economic growth trajectory over the next 20 years.

In its report released today, “Positioning for Prosperity? Catching the next wave”, Deloitte sees further processing as an extension of agriculture, which itself is identified as one of the ‘Big Five’ sectors that could generate an extra $250 billion to the Australian economy over the next two decades.

Further processing of agricultural commodities was identified in the report as one of 19 ‘sectoral hotspots’ with the greatest potential to contribute to prosperity in Australia’s post mining boom era.

Read Jon Condon’s full article here at Beef Central