ABARE, or the Australian Bureau of Agricultural and Resource Economics, is an Australian government agency responsible for conducting economic and statistical research, analysis, and forecasting in relation to agriculture, forestry, fisheries, natural resources, and energy sectors. Established in 1945, ABARE aims to provide accurate and reliable information to support policy development, industry advice, and market intelligence.
ABARE functions as an independent authority within the Australian Government's Department of Agriculture, Water and the Environment. Its main objective is to enhance the economic and sustainable development of Australia's primary industries and the efficient management of natural resources.
The agency collects and analyzes a wide range of data, including production, consumption, prices, trade, and market trends, to generate comprehensive reports, forecasts, and outlooks on key sectors. ABARE's research and economic evaluations are highly regarded and often utilized by policymakers, industry stakeholders, and researchers to make informed decisions and assess the impacts of various factors on agriculture and resource-based industries.
In addition to its research activities, ABARE also engages in capacity building, providing training and technical assistance to international organizations and developing countries to strengthen their agricultural and resource-related analytical capabilities.
ABARE plays a vital role in informing and shaping Australia's policies and strategies in the areas of agriculture, resources, and natural resource management, ensuring the country's sustainable development and economic prosperity.
