ABARES Drought Risk by Household Income

This layer displays the percentage of drought risk by household income by ABARES AAGIS (Australian Agricultural and Grazing Industry Survey) regions as determined by Australian Bureau of Agricultural and Resource Economics and Science (ABARES).\r\n\r\nThis dataset comes from the “Measuring drought risk: The exposure and sensitivity of Australian farms to drought” research report authored by ABARES in 2020. \r\n\r\nThe variables in the dataset relate to Table 7 in the report (however the figures were updated in 2021), where drought year (drought_yr) refers to the percentage of farms with household income over $50,000 in a drought year and normal year (normal_yr) refers to to the percentage of farms with household income over $50,000 in a normal year which has been sourced from ABARES farmpredict model. Drought risk is defined as the percentage change in proportion of households with greater than $50,000 household income between normal and drought years.\r\n