GRAIN CENTRAL | GRDC reserves to grow as GPA levy review proposal stalls

Revelations that Grains Research and Development Corporation reserves are set to grow by $50-70 million this financial year despite efforts to increase spending were made during Senate Estimates earlier this week.

This was also coupled with news from Minister for Agriculture Julie Collins that a response had not yet been provided to Grain Producers Australia (GPA) on last year's levy proposal which would reduce GRDC contributions direct from grain producers.

Grain Central reported that Department of Agriculture, Fisheries and Food staff indicated a decision had not yet been made, while politicians in attendance at the Senate Estimates Hearing suggested a need for action in light of growing reserves within the GRDC.

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