The OFCP is designed to assist farmers to adopt advanced connected machinery and sensor technology.
In previous rounds of the program, farmers have benefited from a 50 per cent rebate on eligible equipment costs, including installation and training, with rebates ranging from $1000 to $30,000.
NFF president David Jochinke praised the value of the program, with funding increased to a pool of $20 million for round three.
“Embracing connectivity and digital infrastructure is key to unlocking the productivity of the ag sector, but high upfront costs are often a barrier,” Mr Jochinke said.
“This program is a smart investment for the government and a win for Australian farmers — who, through the NFF, have been calling for further rounds.”
The NFF’s Regional Tech Hub has resources and advice available for farmers seeking to access the program.
“I encourage farmers to get prepared for when applications open later this year,” Mr Jochinke said.
“Find a spare moment to give the Regional Tech Hub a buzz and make the most of this opportunity.
“My advice to farmers, however, would be that like previous rounds, round three is likely to be oversubscribed. So if you’re ready to buy some kit and the investment makes sense without the rebate, buy now.”
Following the success of the two previous rounds and increasing industry interest, the NFF is calling on all sides of politics to get behind the program.
“As we head into an election, we would like to see all parties support further funding for the program to give producers and agtech providers confidence that this funding will flow,” Mr Jochinke said.
For more information about the OFCP and to access the free advisory service, including case studies from round one, visit: https://regionaltechhub.org.au/onfarm/
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