Many Australian producers describe new technology as difficult to navigate and worry about making unwise investments without a guarantee of return.

At Southern NSW Innovation Hub, together with Meat & Livestock Australia (MLA), industry partners, and KPMG, we’ve worked with producers to make agtech adoption easier by clarifying the costs and benefits of agtech and showing how digital tools could improve on-farm decision-making.

The result is the AgTech ROI Calculator which allows producers to see the costs and benefits of agtech as it applies to their operation – either by entering their own farm data or by using calculations built into an online platform.

Starting in 2022, the Capturing the Value of AgTech Innovation On-farm project set out to address one of the barriers to agtech adoption by developing a tool producers could use to see the costs and benefits of agtech as it applies to their operation – either by entering their own farm data or by using calculations built into an online platform.

The aim was to create an easy-to-use online AgTech ROI Calculator for producers to estimate the net benefit (or cost) of the potential of agtech solutions if adopted on their farm. The tool will also be a lasting asset for southern NSW with significant potential to expand to other industries and regions.

Read the project fact sheet to find out more

Project partners

This project is a collaboration across the Southern NSW Innovation Hub, Meat & Livestock Australia (MLA), NSW Department of Primary Industries (NSW DPI), Charles Sturt University (CSU), beef producers, the Farming Systems Group Alliance (FSGA) and NSW Local Land Services (LLS), with development from KPMG.

Project funding

This project is part of our Agricultural Innovation Hubs Program, a joint initiative with the Department of Agriculture, Fisheries and Forestry, in alignment with the National Agricultural Innovation Priorities.