Investing in Irrigation - Wealth from Water

New mapping technology is helping to classify land according to its suitability for various agricultural enterprises. This is complemented by gross margin and financial analysis tools, the latest market information, market research and irrigation fact sheets.

The information provided aims to help reduce the potential production, financial and environmental risks from irrigation development. The ultimate aim is to support the growth of high-value crops and enterprises that are well-suited to a particular irrigation district.

	Enterprise Suitability Toolkit Enterprise Suitability Maps and Fact Sheets to answer the question “what can I grow where?”
	Farm Business Planning Tools Gross Margin Analysis templates allow comparisons to be made between potential enterprises and to assist with the question, “how profitable are my potential enterprise options?”. The business overheads can be taken into account using the Designing a Successful Business template and put into a broader context by using the Financial Management Property Planning Module.
	Market Information Portal It can be time consuming to look at multiple sources to find data on market prices and trends. To make this task easier, the Tasmanian Farmers and Graziers Association, provides a one-stop-shop that links to the latest market information on key enterprises.
	Market Opportunities Market research reports are available on a range of potential crops along with information on understanding how markets work and taking new products to market. These tools help with the questions “what can I sell?” and “how do I sell it?”.
	Irrigation Technology and Farm Management Information The Tasmanian Institute of Agriculture (TIA) has developed a range of useful fact sheets on soil and water management and irrigation system design.
	Regional Profiles Regional Profiles provide potential investors with an overview of an irrigation-prepared local area, including demographic, climatic and infrastructure information, along with commentary on potential returns from farming activities.
	Irrigation Development in Tasmania Tasmanian Irrigation is the single Tasmanian Government irrigation entity responsible for irrigation development and operation. Tasmanian Irrigation is taking a suite of new projects from feasibility assessment through to the construction and operational stages and it operates existing irrigation developments.

This page - http://www.dpipwe.tas.gov.au/inter.nsf/WebPages/LBUN-8M54FC?open - was last published on 30 April 2013 by the Department of Primary Industries, Parks, Water and Environment. Questions concerning its content can be sent to Internet Coordinator by using the feedback form, by mail to GPO Box 44, Hobart, Tasmania, Australia 7001, or by telephone.

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