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Business View Australia - September 2015 9
Agribusiness is an important part of
the Australian economy and this sector
has shown consistent productivity
gains over the years. The country’s
food and beverage producers enjoy a
strong reputation and its meat, grain,
horticulture,seafood,confectionaryand
beverage industries have established
themselves as manufacturers of high-
quality products.
Australia is reputed for supplying
produce that meets the most stringent
hygiene and safety standards. The
country’s food processors are subject
to stringent quality checks imposed by
government-backed organisations.
The food, beverage and tobacco
manufacturing industry accounted for
$25.4billion in2013-14, a25.5%share
of manufacturing GDP. The importance
of this sector is reinforced by the fact
that it provides employment to about
210,000 workers, which is 22.9% of
the manufacturing labour force.
Australia is home to several types of
climate and has a rich variety of soils
and rainfall patterns. This diversity
makes it suitable for growing a range
of crops and raising livestock.
The country’s geographic isolationand
its strict quarantine and monitoring
regime have helped it ensure that
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