The announced completion of the Grains Research and Development Corporation (GRDC) “Right Size Review” opens the door to a detailed examination of the current industry investment model and should be seen as a positive first step in considering how industry levy funds are spent.
GrainGrowers Chair Rhys Turton said while industry discussion had recently focused on the size of the GRDC reserves, it was even more crucial to carefully consider how and where the levy money is spent.
“As one of the representative organisations (RO) appointed by the government, GrainGrowers is charged with the responsibility to ensure GRDC investments are in the best interests of levy payers.”
“In 2024, we called for the review process to be undertaken and advocated for a review into the overall capability and resources available to undertake grains industry research, development and extension.”
“Now the “Right Size Review” is completed, GrainGrowers will systematically consider all aspects and continue to consult with grower members. This is foundational to us in making decisions going forward.”
Mr Turton said it was imperative that the GRDC demonstrate to growers that levy money is being well-spent to address issues impacting industry efficiency and productivity.
“I am pleased to note that the GRDC, on the back of this review, has committed to discussions with the ROs and then consulting more broadly with growers, over the next three months.”
Mr Turton said GrainGrowers recognised the importance of GRDC investment outcomes to industry and had allocated a dedicated staff resource to monitor spending.
“As an industry body representing 15,100 growers nationally, we take our RO responsibilities very seriously and consult growers continually to provide well informed feedback and input into the operations of the GRDC.”
“Our approach has always been to work cooperatively with other industry bodies and in a strategic manner to focus on achieving outcomes for growers.”
“While it is easy to focus on levy reserves, the next part of this process is to direct attention to long-term challenges and opportunities and finding the best way to unlock the potential of the Australian grains industry,” Mr Turton said.
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