In this episode of the Weekly Insurance News Wrap, host Paige Estritori navigates the major developments in the Australian agribusiness sector. Highlights include Nutrien Ag Solutions overtaking Elders to become Australias most trusted agribusiness brand, and the launch of a $139.8 million dollar Sheep Industry Transition Assistance Package (SITAP) aimed at modernizing sheep farming. The Pastoralists and Graziers Association (PGA) successfully recovers from financial tribulations, reinforcing its commitment to members and industry support. Contrarily, increased climate change-related extreme weather events have led to a 20% spike in farm insurance premiums, significantly impacting small and mid-sized farms. The episode concludes with strategic recommendations for adapting to these rising costs, including group insurance, government subsidies, resilient infrastructure, and income diversification.n

Ver todos los episodios