Economics

Key points

  • Australia’s commercial food system generated over $800 billion of income in 2022–23 and is growing rapidly.
  • Australia’s food system employs 3.5 million people and supports an economy with a workforce four times larger than its own.
  • Within the food system, Australian agriculture employs a workforce 50 times larger than its own.
  • A focus on the gross value of agricultural production is limiting our ability to celebrate the economic success of Australia’s food system and our ability to meet a broader set of food system goals.
Citation
Nelson R (2025) Insight 11: Economics. In: Nelson R, Lim-Camacho L and Robinson C (eds) Towards a state of the food system report for Australia. CSIRO, Australia.