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Reuters: Australia's lofty ambitions to become a "food bowl" for a rapidly growing middle-class in Asia are in danger of falling at the farm gate due to the country's harsh, drought-prone climate and a lack of investment in agricultural innovation.
The federal government has touted the food bowl plan as one way of diversifying the economy as a decade-long mining boom that brought the country riches wanes.
But the industry says it has been left between a rock and a hard place - with state grants denied......
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Funding drought curbs Australia’s “food bowl to Asia” ambitions
Posted by Reuters: Jane Wardell on March 10th, 2014
Posted in Water Conservation