Skip to main content

May's climate & carbon update

12 May 2025

Highlights for climate and carbon

  • The reinstatement of a Labor federal government will have implications for climate policy in agriculture affecting farmers. Required emissions reporting will be expanded to smaller companies in coming years, and there is potential market access could be affected if producers cannot provide emissions reports.
  • The Murray Darling Basin Plan will be reviewed in the coming year. At this stage the Government is planning to buy back 450GL over the next four years, though that may change dependent on the results of the review.
  • Electricity prices are set to rise further with estimated increased pricing to small businesses of between 3-8 per cent. The incentives to consider methods to improve on-farm energy efficiency and productivity will continue to gain pace.

James Maxwell

Senior Insights Manager

Jimmy is our Insights specialist for dairy which sits well with him due to his love of milk and cheese. His background is in cropping, having worked in the grains industry for over 15 years.

 

Bendigo Bank Agribusiness Insights publication(s) are for information purposes only and contain unsolicited general information, without regard to any individual objectives, financial situation or needs. Please refer to the terms and conditions.

Related Topics

We acknowledge the Traditional Owners and Custodians of the land where we live, learn and work. We pay our respects to all First Nations peoples and achnowledge Elders past and present

We are dedicated to creating an inclusive and safe space for our team members of all genders and sexual orientations through intentionally inclusive hiring, leave policies and workplace design.

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

© Copyright 2025 Bendigo and Adelaide Bank