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Profitability and financial feasibility of strategies to increase native vegetation in Victorian hill country

Author

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  • Crosthwaite, Jim
  • Moll, Jim
  • Malcolm, Bill

Abstract

The capacity of farmers to adapt their businesses and adopt management practices that improve environmental outcomes varies greatly from case to case. Factors influencing this include the state of the farm business and its resources, the extent of the environmental problems, condition of native vegetation (and existing provision of ecosystem services), availability of labour, current financial position, and age of farmer, and family goals. In this paper, results are reported from a study based on 17 sheep-beef farms in Victorian hill country. Information about vegetation, agronomic potential and farm business situation was collected, and the effect on the farm business of adopting four management strategies that could potentially improve farm environmental outcomes was tested. It is shown that reorganizational strategies are available that are economically, financially and environmentally sound. Implications for environmental policy are discussed.

Suggested Citation

  • Crosthwaite, Jim & Moll, Jim & Malcolm, Bill, 2006. "Profitability and financial feasibility of strategies to increase native vegetation in Victorian hill country," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 174473, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare06:174473
    DOI: 10.22004/ag.econ.174473
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    References listed on IDEAS

    as
    1. Crosthwaite, Jim, 1997. "Native grassland: at what cost?," 1997 Conference (41st), January 22-24, 1997, Gold Coast, Australia 135747, Australian Agricultural and Resource Economics Society.
    2. Moll, Jim & Crosthwaite, Jim & Dorrough, Josh, 2003. "Better Management of Wool Business and Native Biodiversity," 14th Congress, Perth, Western Australia, August 10-15, 2003 24370, International Farm Management Association.
    Full references (including those not matched with items on IDEAS)

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    1. Crosthwaite, Jim & Moll, Jim & Dorrough, Josh & Malcolm, Bill, 2009. "Re-organising farm businesses to improve environmental outcomes," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 17, pages 1-25.
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