Australian Bureau Of Agricultural And Resource Economics
Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES)
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) is a prominent research branch within the Department of Agriculture, Fisheries and Forestry, a part of the Australian Government. Situated in Canberra, Australia, ABARES plays a critical role in providing analytical insights and data on the economic aspects of the nation's primary industries, including agriculture, fisheries, and forestry, as well as resources and energy.
Historical Background
ABARES was established initially as the Bureau of Agricultural Economics (BAE) on 21 August 1945. The bureau was created to explore the economic potential and efficiency of Australia's primary industries. Originally, it was part of the Ministry of Post-War Reconstruction, but in August 1946, it became part of the Ministry for Commerce and Agriculture. Its mission expanded significantly in 1988 when it merged with the Bureau of Mineral Resources, leading to the formation of the Australian Bureau of Agricultural and Resource Economics (ABARE). This merger allowed the bureau to extend its research focus to include energy, minerals markets, and issues like climate change.
Organizational Structure and Workforce
At its peak during the 1970s, ABARES employed around 200 individuals, primarily with qualifications in economics. Following the merger in the 1980s, the workforce expanded to over 300. However, by the 2017–18 period, the number of employees had reduced to approximately 125, as the bureau streamlined its operations and adapted to changing needs.
Functions and Contributions
ABARES is integral to the collection and analysis of data related to Australia's agricultural and resource economics. It gathers extensive data on commodities, climate, and agriculture, which serves as a vital resource for shaping policies and strategies in these sectors. The information provided by ABARES is considered highly accurate and reliable, offering valuable insights into the dynamics of the Australian economy.
In addition to its research functions, ABARES engages in commercial consultancy, helping businesses and government agencies make informed decisions based on its comprehensive data sets. Its findings and reports are crucial for understanding trends in agricultural production, resource utilization, and environmental impacts, thereby aiding in the sustainable development of Australia's primary industries.