The Albanese Government is helping Australian farmers in every State and Territory to prepare for future drought and climate change challenges, with farmers making the most of opportunities to innovate and improve their practices.

In the 2024-25 Budget, the Albanese Government announced over $519 million over the next 8 years from the Future Drought Fund (FDF) to help farmers and producers prepare for drought, including investment to protect against and adapt to the impacts of climate change, build a more resilient sector and maintain Australia’s position as a trusted and reliable trading partner.

The FDF continues to build drought and climate resilience alongside, and in partnership, with a range of stakeholder groups including farmers, industry representatives, farm advisers and community organisations to leverage their expertise and connections for locally led and collaborative action.

Minister for Agriculture, Fisheries and Forestry, Murray Watt said the diversity of programs being funded reflected the variety of conditions facing Australian farmers and producers.