Farm lending reaches $131 billion in 2023-24

News Environment Reports

Date: 22nd Aug, 2025 Source: Department of Agriculture, Water and the Environment (DAWE) Country: Australia Original Source

Brief

On 30/06/2024, ABARES reported a 6% increase in aggregate lending to the farm sector. The total value of outstanding loans rose from $123.6 billion to $131.4 billion. The largest percentage increases were seen in Western Australia and South Australia at 12% and 7%, respectively. However, there was an uneven distribution of debt across farms, with 5% of broadacre and dairy farms accounting for 52% of the aggregate value of loans.

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Department of Agriculture, Water and the Environment (DAWE)

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Farm lending reaches $131 billion in 2023-24

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Farm lending reaches $131 billion in 2023-24

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