By Paola Dominguez, ANZCCJ Secretariat
New technologies and innovation are changing the face of agriculture and Australia is one of the leading forces in the Agtech revolution. The seventh installment of the ANZCCJ SME Support Program launched the latest ANZ In Focus Report: “Agtech – advance Australia agriculture”.
As ANZ’s Head of Agribusiness Mark Bennet explained, Australian agriculture will see an unprecedented change over the next twenty years, brought on by new investment and new technologies. This change will occur across the entire supply chain and will arguably be a greater catalyst than the ‘green revolution’ from the 1930s to the 1960s, where the growth of herbicides, pesticides and fertiliser saw agricultural productivity rise rapidly.
The term “AgTech” takes in a broad field of technologies which are being directly implemented in the agricultural supply chain, both on their own or integrated with other technologies. The event provided the perfect opportunity for ANZ to raise awareness of opportunities for Japanese and Australian SMEs to partner in agribusiness, noting that Japan is already Australia’s second highest agribusiness value market. The presentation also highlighted the strong potential for further mutual growth and as Bennet noted, "Australia must look to Japan as a leader in technology to develop opportunities for Australian agriculture".
The presentation was followed by a networking session that facilitated business matching between around 70 CEOs from Australia and Japan in the food and agriculture/farming sector.
A huge thank you to our guest speaker Mark Bennet, Head of Agribusiness ANZ; ANZCCJ Executive Council Member Grant Knuckey, ANZ CEO Japan; and event MC ANZCCJ Executive Council Member Kohei Tsushima, Challenger Limited Japan.
For ANZCCJ media inquiries contact Cristina Merino, Executive Director at Cristina.Merino@anzccj.jp