A statement from GrainGrowers CEO Shona Gawel.
Government’s commitment in tonight’s Federal Budget to develop a market measure that drives demand for Australian low carbon liquid fuel production is a move in the right direction.
Long-term policy certainty for industry and investors is critical to help accelerate the growth of Australia’s low carbon liquid fuel sector.
Expanding domestic processing and fuel production would provide an opportunity to retain more value, investment and strategic capability within Australia.
Recent global disruptions have demonstrated how exposed Australia remains to international fuel shocks.
GrainGrowers will continue to work with government and industry to ensure the interests of Australian grain growers, who produce a proven, scalable feedstock, are represented as this work progresses.
ENDS