Industry R,D&E levies framework endorsed
Posted on Friday, November 28, 2014 - Category: In the News
Did you know that there are 15 agricultural Research and Development Corporations (RDC) in Australia, yet only two of these have regulated levy polls?
Along with the Australian Wool Innovation, Dairy Australia (DA) is bound by a five-year levy review cycle to ensure that dairy farmers have a say towards the amount they pay for their research, development and extension (R,D&E) levy and how it is spent.
In response to the Senate Inquiry into the system for agricultural R,D&E levies , the Australian Dairy Industry Council (ADIC) has made a submission in support of the RDC model and the opportunities for dairy farmers provided by DA.
Whilst the ADIC considers that the Levy Poll framework provides an important opportunity for DA to talk to levy payers about their levy investment, there is scope to improve the effectiveness and efficiency of the process.
Suggestions the ADIC puts forward to the Inquiry include streamlining the Levy Poll consultation approach, for example through more tailored consultation, use of industry networks, and increased use of technology; improving engagement with farmers about the DA investment throughout the five-year period, not just at the time of the levy poll; as well as, improving the information to demonstrate the returns to farmers from their levy investment.
As subsidiaries of the ADIC, the role of Australian Dairy Farmers (ADF) and the Australian Dairy Products Federation (ADPF) in R,D&E investment is to represent levy payers by working with DA to drive the development of strategies, highlighting priority investment areas and ensuring tangible benefits reach the dairy community.
For more information and to download a copy of the ADIC’s submission, click here .