Contact: Matt Hobbs, MTAA CEO
Tel:          03 9829 1250
0419 608 845
Postal:    650 Victoria Street, North Melbourne VIC 3051

industry chart2

The industry is somewhat stable for the moment but is often vulnerable to external factors such as droughts and other natural disasters.

The Farm and Construction machinery wholesale industry in Australia is heavily influenced by both economic and climatic factors. Growth in the industry was in decline in 2005 in the midst of a severe drought that affected many parts of the country. Growth then returned to positive as climatic conditions improved and farmers invested in equipment they had put off purchasing previously. This period of growth was then followed by the Global Financial Crisis that hit more or less the whole country, and it was only sales to the mining sector that kept revenue and employment growth in the positive.

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