Value for Money

Return on funds invested underpins research and development programs

Australia has a strong history of investing in Research, Development and Extension (RD&E) to improve agricultural productivity. As global investment declines in real terms, it becomes even more important that every available dollar drives projects that are relevant, targeted, effective and accountable to funders.

The funding profile is also increasingly complex, with multiple investors and research providers – spanning on-farm and off-farm RD&E – and an emphasis on commercialisation of research outcomes.

RDC contribution

The RDC funding model for RD&E succeeds because it allows expensive, specialist and time-consuming projects to be commissioned and managed at a scale beyond the capacity of most individual agricultural enterprises, and – in some cases – even entire industries.

RDCs systematically facilitate innovation, minimise investment risk and maximise
end-user benefit. Investment in individual projects is determined against value for money and the potential of alternative investment sources.

This unique model is 25 years old, the envy of the world, and has delivered significant benefits to thousands of farmers.

It continues to evolve and improve to ensure efficiency and effectiveness in the allocation of finite RD&E funds.

Ag’s best and brightest shine at GrowAg think tank

The GrowAg Summit encouraged delegates to consider research and technology, and how they can be prepared to adopt where necessary, apply to their own farming situation, and share with their communities.

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Overcoming the pest threat: the value of cotton industry RD&E

Managing pests in a sustainable manner, without building resistance to control measures, has been the greatest challenge for Australian cotton growers over the past two decades. Through RD&E, led by the Cotton Research and Development Corporation (CRDC), integrated pest management became one of the greatest achievements of the industry.

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Campaign for Wool

Launched by HRH the Prince of Wales in 2010, the Campaign for Wool is a global campaign to educate consumers about the benefits of wool and to promote wool products to an international audience with the aim of improving returns for woolgrowers.

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The low carbon footprint of egg farming

Australian Egg Corporation Limited (AECL) worked with an independent consultant to complete an environmental assessment of the egg production system, to inform consumers about their purchasing choices and educate egg farmers in minimising environmental impact.

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