Government provides crucial support for innovative farm businesses

Staff writers

Farms are a vital part of the business landscape in Australia, and their importance is increasing as the industry grows beyond $60 billion in annual gross value. The Australian government – through the Department of Industry, Innovation and Science – is committed to encouraging farm businesses to grow and supporting them in times of drought.


The Department of Industry, Innovation and Science plays a two-pronged role in supporting the agricultural industry in Australia: providing farming businesses and communities with access to world-leading scientific research, data and modelling and creating programs that enable these businesses to grow and innovate. In times of drought when businesses and communities need support more than ever, the value of this scientific and economic information and support takes on added importance. 


SUPPORTING INNOVATION

The Department of Industry, Innovation and Science offers a wide range of initiatives and programs for businesses of all kinds via the dedicated, easy-to-use business.gov.au website. Two of the most relevant programs for farmers are the Entrepreneurs’ Programme and the R&D Tax Incentive.


The Entrepreneurs’ Programme offers business support through experienced advisers and facilitators, co-funded commercialisation grants for novel products and services, funding for growth opportunities and the ability to connect and collaborate. The Programme also supports external incubators through the Incubator Support Initiative, and NSW business SmartShepherd is one of the many enterprising agricultural start-ups receiving support. 


Assisted by the University of New England’s SMART Region Incubator, SmartShepherd is an innovative technological solution that enables livestock breeders to collect maternal pedigree information quickly and cost effectively. The start-up has received one-on-one mentoring and support via the incubator that has been crucial in developing the business for both the domestic and export markets.


The R&D Tax Incentive is the government’s single largest investment in business innovation, with over 13,000 businesses benefiting annually from the support provided to offset R&D costs. The Incentive provides a tax offset to eligible companies conducting R&D for the purpose of generating new knowledge. Innovative Queensland-based pest management company Bugs for Bugs is one company that has flourished thanks to the Incentive.


With more than a third of the company’s annual budget devoted to R&D, Bugs for Bugs (one of only four companies in Australia involved in the mass rearing of beneficial insects) has been able to use the Incentive to increase its proportion of research staff by over 25 per cent and developed more than ten species for natural pest control.


ACCESS TO SCIENCE

The Industry, Innovation and Science portfolio includes science agencies the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and Geoscience Australia. 


CSIRO has been central to agricultural science and research in Australia for many decades, with a long history of expertise in water, agriculture, climate science and digital technology. Among other things, CSIRO’s research addresses the issues of drought and water availability and helps to build the resilience and adaptability of our rural communities.

Examples of this include CSIRO’s work in ensuring Australian canola meets EU biodiesel requirements (a $1 billion market) and the creation of Agricultural Production Systems Simulator (APSIM), one of the two most widely used crop simulation models worldwide.


Geoscience Australia delivers the Digital Earth Australia project. The project maps the location, quantity and quality of groundwater resources and determines the feasibility of water management options for government and communities. Crucially for farmers, the project can compare the current state of the landscape (water, vegetation and greenness) to other periods in history to better prepare for drought response and recovery.


NEWS
December 18, 2025
Prodoz, a Proudly Australian and family-owned agribusiness, based in Melbourne, is strengthening its positions as national/international leader in advanced crop – science solutions through a growing portfolio of global innovation partners and a distribution footprint supported by all major distributors - includes Nutrien Ag, Elders, Lindsay Rural and Independent Rural stores.
December 18, 2025
Australia’s climate is tougher than ever. Heat spikes, dry periods, salinity, waterlogging and sudden frost events are becoming an everyday part of farmers lives.
December 17, 2025
Trace minerals are required for optimal growth, reproduction, and immunity. Optimising trace mineral status relying solely on oral supplements across a herd may fail because of variation in individual intake and reduced absorption due to antagonism of other ration components and minerals. The use of injectable trace mineral supplements has been associated with positive reproductive outcomes including improved conception rate, increased odds of pregnancy and greater final in calf rate. A study conducted on 2,168 dairy cows, administered injectable trace minerals, four weeks prior to calving and again four weeks prior to the start of mating showed treated animals had a 3.3 per cent greater final in-calf rate, and a reduced time from start of mating to conception, compared to control animals 1 . The Importance of B12 Dr Carl Eden, Technical Services Veterinarian with Boehringer Ingelheim says “Vitamin B12 is sometimes referred to as a ‘super vitamin’ because it is only required in very small amounts but vital to many essential metabolic pathways. However, demand for B12 can vary considerably during the year and we see serum levels of B12 fall at critical times, such as the first few months after calving.” Vitamin B12 contains cobalt, so deficiency in cobalt can lead to deficiency in vitamin B12 because ruminants get most of their B12 as a byproduct of ruminal fermentation where the bacteria in their rumen assemble B12 from cobalt for use by the cow. Sub-optimal trace mineral and vitamin B12 status at calving, mating, and drying off has been shown to negatively impact growth, reproduction, and immunity. Using a trace mineral injectable containing vitamin B12 can improve trace mineral and vitamin B12 status at these critical times. Marks-Min with Vitamin B12 – The Evidence In the largest trace element study to date, Marks-Min Injectable Trace Mineral with Vitamin B12 demonstrated remarkable results when compared to a reference trace mineral injection. “Given the differences between Marks-Min and other products on the market, we wanted to generate a compelling data set to demonstrate how effective it was compared to the pioneer product. We entrusted this work to a third-party research company” says Dr Eden. “We chose farms that were at the top of their game from a reproductive perspective. We made sure that the farms had no evidence of trace element or vitamin B12 deficiencies or excess.” Across all outcomes of interest, Marks-Min demonstrated clear non-inferiority when compared to the reference product. Outcomes measured included submission, pregnancy and conception rates, and six week in-calf rate. Marks-Min demonstrated it is highly suited as an alternative treatment to the reference product. Reference: 1. Hawkins, D., and B. V. S. Franklin. New Zealand Dairy Veterinarians Newsletter 24 (2007): 12-16 Company website: livestockfirst.com.au Company email address: CustomerCare.Australia@boehringer-ingelheim.com Company video: https://vimeo.com/1138807630?fl=pl&fe=cm
December 17, 2025
Find out why the first summer drench can be so important in protecting your flock’s health, plus what to look for in your summer drench of choice.
December 17, 2025
A NSW-based innovator has developed a patent-pending, front-mounted firefighting and utility system for tractors, giving farmers instant, in-cab-controlled fire suppression, water and fuel on hand, and safer solo operations.
December 12, 2025
Barko Security is bringing drone technology to agriculture while building on a decade of security and a lifetime of agricultural know-how.
Show More