Year 12 | 01 April 2020 | TO ENTER | TO REGISTER

New legislation to help market Australian primary industries

Rural research and development corporations (RDCs) will be able to market their industries under new legislation introduced today.

The three bills introduced into the Parliament today will also support increased productivity, create incentives for new investments and create greater efficiency from RDCs.

Minister for Agriculture, Fisheries and Forestry, Senator Joe Ludwig, said the Rural Research and Development Legislation Amendment Bill 2013 and two companion bills brought the Gillard Government’s Rural Research and Development Policy Statement to life.

“Labor created the first RDCs under the Hawke Government and these amendments strengthen them to better reflect industry needs and support productivity,” Minister Ludwig said.

“Under the current laws the six statutory RDCs are not allowed to conduct marketing campaigns to promote their industries - these amendments lift that restriction. This is in response to the feedback I’ve heard from RDCs and their industries.

“The amendments also create incentives for increased private investment in R&D. The changes will allow all the fifteen RDCs and Industry Owned Corporations (IOCs) to seek matched government funding for voluntary industry R&D contributions.”

Parliamentary Secretary for Agriculture, Fisheries and Forestry, Sid Sidebottom MP, introduced the bills into the House of Representatives and said the bills will also improve the efficiency, transparency and accountability of the RDCs and make important technical amendments.

“The amendments aim to assist the RDCs to deliver improved services to levy payers and to lift the productivity of Australia’s agriculture, fisheries and forestry industries,” Mr Sidebottom MP said.

“The bills will remove maximum levy rates from legislation, cutting red tape to provide a faster response time for future industry requests for levy increases.

“The Government is implementing its rural research and development policy statement in consultation with the RDCs and industry bodies.

“Stakeholders have responded positively to the policy statement since its release last year, and have indicated support for the bills,” Mr Sidebottom said.

by S. C.
24 june 2013, World News > Oceania