Browse Data and Analysis

According to Australian law, the excise duty rates levied on alcohol are subject to biannual indexation, with adjustments made in accordance with the upward trajectory of the Consumer Price Index (CPI).

Australian wheat and barley producers faced challenges during difficult seasonal conditions in most major production regions.

Early seasonal conditions for the MY 2024/25 citrus crop have been very favorable. Along with expansion in production area, growers anticipate an improvement in production and the prospect of high-quality fruit production. Orange production is expected to increase five percent to 545,000 metric tons (MT) from the prior’s year estimate, the highest over the last two decades.

Stone fruit production in Australia is forecast to increase in marketing year (MY) 2024/25, after above-average rainfall impacted some regions during the harvest period for MY 2023/24, which impacted overall production and quality.

A tale of two is emerging for wheat and barley growers in Australia. Those in the eastern states have entered the MY 2024/25 planting season with good soil moisture and a particularly good fall break with widespread rains in the first week of April.