Agribusiness Agenda 2016 - Thriving in exhilarating times

Agribusiness Agenda - Thriving in exhilarating times

With the coming of the fourth industrial revolution - fundamental change to our daily personal and professional lives from the combination of physical, digital and biological technologies - the primary sector will find itself at the centre of change.

Ian Proudfoot

Global Head of Agribusiness, Partner - Audit

KPMG in New Zealand

Hand holding DNA tube

Ag Tech in Israel

Israel’s, as well as Silicon Valley’s innovative ecosystem enables the Ag sector to thrive in a dynamic and evolving world. Israel’s ecosystem isn’t tied to traditional academic benchmarks, but instead focused on commercial outcomes

Additional key findings from the 2016 Agribusiness Agenda:

  • There is a growing recognition among leaders that doing what is right by the environment is the only responsible course of action. Some industry leaders suggesting it is untenable for agriculture to remain outside the Emissions Trading Scheme (ETS) in the medium term.
  • For the sixth Agenda in a row, biosecurity was again ranked as the number one priority by industry leaders, with leaders highlighting the need to focus on preventing risks from reaching our borders.
  • Industry leaders were in favour of the increased market access opportunities provided under the Trans Pacific Partnership (TPP) agreement; and voiced concern over Labour’s apparent shift away from the long-held bipartisan approach to trade.
  • The Agenda calls for the creation of an independent body that will facilitate the ‘hard conversations’ the country needs to have. Such topics include New Zealand’s policy on genetic modification, future land use, the role of foreign investment, and intensification of farming.

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