FARM ONLINE | Farmers welcome $1b funding injection to spark feedstock to biofuel industry

A commitment by the Federal Labor Government to support low-carbon fuel production has been welcomed by Australian farmers.

New revenue streams would be unlocked for canola, sorghum, sugar and agricultural waste according to Farm Online.

Grain Producers Australia chief executive Colin Bettles congratulated the government on pulling the policy lever, saying the organisation would continue to work with it and other stakeholders to ensure the potential benefits were fully unlocked from the farmgate to refineries.

The organisation included a circular economy business case for the measures in its submission to Labor's recent Economic Reform roundtable.

"GPA has advocated these policy views consistently in different consultation processes over time, focused on making sure the balance is right, and shared value and benefits optimised, by incentivising local production, starting with the productivity of Australian grain producers," he said.

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