Agribusiness Financing in Australia: Issues and Research Agenda

Abstract

Purpose: This paper aims to critically synthesises the current agribusiness financing avenues; the role of each financial actor, tools, and regulations; and the implications and policy loopholes therein in Australia. Methodology: This study has been conducted by investigating and reviewing a vast numbers of literatures including official publications, both national and international, on agribusiness and its financing issues in Australia, Published and unpublished research papers, working papers, seminar and conference proceedings, online resources and scholarly commentaries Findings: This paper's review findings show that the agribusiness sector in Australia is primarily financed by family sources, commercial banks, and government support finance programs; capital markets, foreign, and special innovative and structured products provide a nascent contribution to financing agribusiness. In contrast, this study has explored several key challenge areas in the Australian agribusiness sector that could simultaneously be translated into opportunities for Australian agribusiness when the policy recommendations are implemented. Original Value: Finally, this paper has coined a research agenda from, the Australian agribusiness financing landscape, to be followed and researched to solve this sector's financing woes.