A bleak year awaits Aussie farming families

Times have never been tougher for Australia’s farming families, and with earnings likely to fall significantly this year agribusinesses are hanging on for dear life.

New research foreshadows tough times ahead for family businesses in key sectors of the economy.

Recent IBISworld data predicts falling earnings in the auto-electrical, motor vehicle parts and accessories, petroleum refining and fuel manufacturing, together with heavy industry and non-building construction sector.

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