requirements. Crop production aligned with market requirements. Grain harvest and storage practices aligned with market requirements. improvement of pulse varieties. Genetic yield potential and stability improvement of oilseed varieties. Effective, sustainable and efficient management of cereal rusts. Effective, sustainable and efficient management of cereal (non-rust), pulse and oilseed fungal pathogens. Effective, sustainable and efficient management of nematodes. Effective, sustainable and efficient management of viruses and bacteria. Biosecurity and pesticide stewardship. rotations). Responding tactically (individual crop agronomy). grain farms. Understanding and valuing biodiversity. Communication of sustainable production methods. Capacity building in the R&D sector. Capacity building for grain growers. Aspirational outcomes (10+ years) Australian grain growers maintain and increase access to current and future grain markets by aligning on-farm production practices with quality and functionality requirements. Cereal, pulse and oilseed varieties with significant, sustained and stable improvements in water-limited yield potential over current elite varieties in key agroecological zones and across a range of seasons. Australian grain growers managing their farms to maximise profit and reduce risk by adopting effective, sustainable and efficient control of weeds, pests and diseases. Australian grain growers managing farming systems that are able to respond and adapt to changing environmental and market conditions to reduce risk and deliver an increase in profitability. Grain growers valued for adopting practices that improve regional habitat, soil, water and atmosphere resources in a changing climate. A dynamic Australian grains industry with the skills and capacity to continuously innovate. GRDC corporate strategies Create value Coordinate nationally Deliver regionally Connect globally Engage with growers and industry GRDC Outcome Australian grain growers utilising new information and products that enhance the productivity, profitability and sustainability of growers and benefit the grains industry and wider community. GRDC Vision A profitable and sustainable Australian grains industry, valued by the wider community.
The GRDC’s $165.4 million R&D investment portfolio is strategically spread to ensure that investments are tackling the areas of greatest priority to Australia’s 21,000 grain growers and resulting in the greatest productivity and profitability gains. The effective investment of the grower levy and government funds enables the GRDC to deliver research, development and extension (RD&E) outcomes to keep the Australian grains industry internationally competitive and profitable. The following sections provide some highlights of GRDC’s achievements in 2013–14, as well as a snapshot of grains industry production. Grains industry production In 2013–14, there were large increases in winter crop production for South Australia and Western Australia, while dry seasonal conditions led to reductions in winter crop production in northern New South Wales and Queensland. Total winter crop production in Australia increased by 17 percent to 44 million tonnes in 2013–14—the second largest winter crop on record. Total grains production in Australia increased by 11 percent to 46.4 million tonnes in from 41.7 million tonnes in 2012–13.The estimated gross value of production was $15.4 billion. Winter crop production in Western Australia, the largest state, increased by 55 percent to a record 17.2 million tonnes, reflecting favourable spring growing conditions in the central and southern parts of the state. In South Australia, winter crop production increased by 31 percent to around 8.6 million tonnes, the third highest level of production on record. Victorian winter crop production increased by 2 percent to 7.1 million tonnes. In contrast, winter crop production declined by 14 percent to 9.3 million tonnes in New South Wales and by 20 percent to 1.6 million tonnes in Queensland. The following production figures were recorded for the major winter crops: wheat production increased by 20 percent to around 27.0 million tonnes barley production increased by 28 percent to 9.5 million tonnes canola production bucked the trend and fell by 12 percent to around 3.5 million tonnes. Overall, summer crop production declined by 35 percent to 1.6 million tonnes. Significantly, as a result of dry conditions, sorghum production fell by 36 percent to around 1.3 million tonnes due to a 17 percent fall in the area planted. GRDC performance The GRDC’s Strategic R&D Plan 2012–17 clearly defines the strategies and expected performance indicators for the organisation. This annual report covers the second year of implementation of the five-year strategic plan.
This section describes the GRDC’s corporate performance in 2013–14, in terms of: examples of effective implementation of the corporate strategies analysis of feedback obtained from grain growers results of impact assessments of R&D project groups Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) findings on farm financial performance and total factor productivity in the grains industry. Corporate strategies Table 4 provides examples of the GRDC’s performance in 2013–14 against the corporate strategies and objectives set out in the Strategic R&D Plan 2012–17 and the Agriculture Portfolio Budget Statements 2013–14. Table 4 Corporate performance overview Indicator Performance Strategy: Create value Deliver value by investing in programs that address the key industry priorities with the greatest potential returns. Under the Strategic R&D Plan 2012–17, the GRDC’s research, development and extension (RD&E) investment portfolio is based on six themes identified as key grains industry value drivers. The focus on outcomes for each theme, rather than R&D disciplines and inputs, has improved the GRDC’s responsiveness to grower needs. In 2013–14, the benefits of this approach included: more relevant, higher quality and more timely R&D outputs from researchers per dollar of investment more flexibility in the funding cycle to respond to local needs improved interaction with, and accountability to, growers. Strategy: Coordinate nationally Ensure that programs are nationally coordinated and the Australian grains industry has access to the RD&E infrastructure and capability that it needs for the future. The GRDC uses its position as the major investor in grains RD&E in Australia to coordinate investment to reduce duplication and fragmentation. The GRDC is actively implementing the Grains Industry National Research, Development and Extension Strategy, which aims to improve the efficiency and effectiveness of RD&E capability by strengthening coordination between the Australian Government, state governments, research institutions and industry. The GRDC is active in cross-sectoral strategy development and implementation and leads the soils strategy. Particular achievements in providing a national approach to infrastructure in 2013–14 included: the GRDC’s significant infrastructure joint investment with the Victorian Department of Environment and Primary Industries in the Australian Grains Genebank, which will centralise crop genetic resource services within a national system agreement between the GRDC and Curtin University to establish the Centre for Crop and Disease Management, which will provide
Targets Achievements Increased number of growers adjust crop and variety selection based on market requirement data. Investments were put in place to deliver and monitor performance in this area. Breeding programs make greater use of market information in setting quality and functionality targets. A greater level of communication between the GRDC, pre-breeders and breeders resulted in better investment decisions by the GRDC and pre-breeders and increased uptake of research outputs by breeders. Crop production aligned with market requirements Practice changes and key metrics A greater proportion of growers and advisers use relevant market information to inform decisions about in-crop management practices. A greater proportion of grain growers adjust pest, weed and disease management practices to meet market requirements. Targets Achievements Industry best management practice guides for crop management take account of market requirements. New investments in developing crop management guides took into account grain quality issues—for example, GrowNotes includes a section on post-harvest grain management. Increased number of growers are aware of and monitor for receival standards, including quality parameters, adventitious presence and maximum residue levels. An on-farm grain storage and quality survey was commissioned to evaluate the performance of the GRDC’s communication and extension programs. Grain harvest and storage practices aligned with market requirements Practice changes and key metrics A greater proportion of growers use harvesting strategies that maximise the opportunity to meet the requirements of their target market. A greater proportion of growers are aware of the quality and functionality of the grain delivered to their customer or entering contract storage. 90% or more of growers are aware of and interested in the benefits of measuring grain quality. A greater proportion of growers use storage practices to meet market requirements and provide for the continued effectiveness of pest control measures. At least 60% of growers storing grain on farm use sealed silos. The GRDC uses market access information to provide growers with the harvest and storage management packages and tools to comply with market requirements. Targets Achievements Industry harvest and storage best management practice guides are developed to include information about technical barriers to trade such as food and feed safety standards, and biosecurity, phytosanitary and sustainability requirements. Potential for investment in this area was scoped. Increased number of growers are aware of the effects of seasonal risks, harvest and storage An on-farm grain storage and quality survey was commissioned to evaluate the performance of the
acquisition of required traits to delivery. programs implemented rapid population advancement methods (multiple generations per year), molecular marker selection of required traits and advanced statistical analysis methods, to maximise the rate of genetic yield potential gain in each breeding cycle. Improved information about variety yield potential and stability under regional conditions is available to growers. The NVT program website was updated to improve the extension of independent and regionally relevant data on variety yield potential and stability to growers. Increased number of growers access and use this information to assist their decisions about crop type and variety, and about rotations. Results of the 2014 Grower Survey showed that 89% of growers were aware of the NVT program (up from 86% in 2012); 95% of growers placed value on NVT data (up from 93% in 2012); and the number of growers accessing independent data on varietal performance through the program was increasing. Growers in each major cropping region have access to at least one pulse and one oilseed variety that is consistently profitable and therefore suitable as a rotation crop. Pulse Breeding Australia released a new small red lentil cultivar with tolerance to group B herbicides, to improve the ability of growers to manage weeds in lentil crops. Fourteen new canola varieties were released, providing a selection across all herbicide tolerance groups, with improvements in key traits such as yield, oil content, blackleg resistance and shatter tolerance. A significant increase in water-limited yield potential is achieved for each major crop type (cereals, pulses and oilseeds). In NVT trials of new releases: Barley variety Compass recorded a mean yield increase of 9.5% compared to the previous highest yielding barley variety, Commander. Lentil variety PBA Hurricane XT recorded a mean yield increase of 16% compared to PBA Herald XT, the variety it was developed to replace. Canola varieties released in 2013 recorded a mean yield increase of 2% relative to varieties released in 2012. Table 13 Theme 2 performance against portfolio budget statements measures Key performance indicator Target Result New cereal, pulse and oilseed varieties have minimum increases in genetic yield potential per annum as measured in National Variety Trials (NVT). Cereals 1% Pulses 2% Oilseeds 1.5% Achieved. Four wheat varieties and four barley varieties were released during the reporting period, showing yield improvements of up to 16% over current dominant cultivars of
evaluate and manage projects depend on project characteristics: for example, projects with standard GRDC research agreements are evaluated and managed differently from projects involving unincorporated joint ventures. The portfolio monitoring system includes internal guidelines and/or procedures for: identifying and managing risks associated with individual projects during planning and implementation stages evaluating progress reports for project performance against objectives and milestones—each year, a satisfactory progress report must be submitted to the GRDC before further payments will be made to the research provider conducting formal reviews of targeted investment areas. Commercialisation The GRDC’s primary aim is to drive the discovery, development and delivery of world-class innovation to increase the profitability of Australian grain growers and the sustainability of the Australian grains industry. In many cases, the benefits of GRDC research investments can be most efficiently delivered to growers through commercial channels. Commercialisation strategy The GRDC achieves its objective in delivering research outputs through: analysing returns on investments to ensure that the GRDC is investing in areas that maximise return to growers leveraging capital and expertise from co-investors, to maximise opportunities to bring technology to the marketplace adequately protecting intellectual property, to protect the GRDC’s investments and leverage co-investment from third parties accessing technologies owned by third parties for evaluation and use in Australia developing appropriate paths to market for each new technology managing the GRDC’s commercial investments and partnerships. As part of the overall delivery strategy, the GRDC recognises that the following are necessary for commercialisation: freedom to operate, a sustainable market size, expertise, funds, and distribution channels. Usually the GRDC is only one of a number of organisations investing in the development of new technologies by public and/or private organisations. Investment partnerships are desirable and necessary because they reduce the risk to the GRDC in the funding of new technologies, and because partner organisations can bring benefits in addition to financial
ACN 103 817 296 Australian Crop Accreditation System Ltd ACN 093 984 902 Provides cereal variety details online for farmers and advisers, and manages National Variety Trials. Is a member of the company and pays the company for services. Nominates a director. Australian Export Grains Innovation Centre Limited ACN 160 912 032 Provides R&D related to the Australian export grains industry. Is a member of the company. Nominates a director. Grains & Legumes Nutrition Council Limited ACN 117 442 510 Identifies and communicates the health benefits of grain food products. Is a member of the company and provides research funding. Nominates a director. Invasive Animals Ltd ACN 114 965 276 Serves as the intellectual property (IP) holding/management company for the Invasive Animals Cooperative Research Centre. Is a member of the company. Does not nominate a director. Plant Biosecurity CRC ACN 115 589 707 Serves as the IP holding/management company for the Plant Biosecurity Cooperative Research Centre. Is a member of the company. Does not nominate a director. Wheat Quality Australia Limited ACN 147 439 656 Manages and delivers the wheat variety classification process. Is a member of the company and pays the company for services. Nominates two directors. Companies limited by shares Arista Cereal Technologies Pty Ltd ACN 122 450 962 Undertakes development and commercialisation of high-amylose wheat. Is a 21% shareholder. Nominates a director. Australian Centre for Plant Functional Genomics Pty Ltd ACN 102 769 808 Conducts functional genomics research into abiotic stress. Is a 19% shareholder and provides research funding in return for equity. Australian Grain Technologies Pty Ltd ACN 100 269 930 Undertakes commercial wheat and barley breeding. Is a 39% shareholder. Nominates three directors. Canola Breeders Western Australia Pty Ltd ACN 097 299 619 Undertakes commercial canola breeding focused on Western Australian areas with some adaptation to other regions of Australia. Is a 39% shareholder. InterGrain Pty Ltd ACN 128 106 945 Undertakes commercial wheat and barley breeding. Is a 25% shareholder. Nominates one director. Novozymes Develops and markets inoculants Is a 50% shareholder.
Table 24 Board committees Role Membership Commercialisation Committee Reviews, evaluates and makes recommendations to the Board and management on matters relating to: the strategic oversight of the GRDC in regard to its planning processes related to the integration of research, development, commercialisation and adoption processes the commercial and R&D interaction between the GRDC and the private sector, including R&D partnerships, commercial structures and other joint ventures the development of draft policies regarding ownership of project intellectual property, risk-sharing and licensing conditions with research and commercialisation partners to assist with the adoption of the results of R&D corporate governance and risk management in the area of commercialisation and adoption of the results of R&D, including oversight of the GRDC’s role and investments in companies that undertake such commercialisation and adoption intellectual property management, protection and enforcement as necessary for the commercialisation of the results of R&D. Deputy Chair and three other directors appointed by the Board. Finance, Risk and Audit Committee Assists the Board in fulfilling its corporate governance responsibilities and reviews the GRDC’s: financial reporting process internal control system risk management strategy and processes internal and external audits process for monitoring compliance with laws and regulations and the Board’s code of conduct financial statements. At least three nonexecutive directors. Remuneration Committee Reviews and makes recommendations to the Board on matters relating to the remuneration and performance policy of the GRDC and the remuneration and performance of the Managing Director. Chair, Deputy Chair and two other directors appointed by the Board. Roles, responsibilities and code of conduct The roles and responsibilities of members of the Board, and their code of conduct, are documented in the GRDC Operating Manual. The Board reviews its roles and responsibilities at least once every year. Induction and training New Board members participate in a formal induction process, and all Board members undergo a process of continuous education.
sustainability and generate the greatest potential return for growers and the wider community. Ensure that R&D programs are nationally coordinated and integrated with extension so that the Australian grain industry has access to a highly capable and effective research, development and extension (RD&E) sector with the infrastructure and capability to meet future industry needs. an impact at the farm level. Provide scientific advice to stakeholders to assist in the identification of issues. Provide national coordination and regional linkages that ensure that R&D is focused and adoptable. Ensure that R&D capability is maintained in core areas. Gene discovery Germplasm enhancement Oilseeds, pulses and summer crop breeding Resource management Soils and environment Statistics Theme coordination Trial operations Winter cereal breeding Regional Grower Services Deliver the outputs of research in innovative products and services that meet the needs of growers and their advisers in each region. Understand growers’ needs (listen to what is important). Develop new and improved grower-orientated products and services. Deliver high-value regionally relevant products and services to growers and advisers. Evaluate the performance and impact of GRDC products and services on growers’ performance. Brand management Information management and delivery North, south and west communication and coordination North, south and west regional program development Publications Technical/scientific communication Webmaster services Commercial Access and develop innovation from Australia and overseas to ensure that it is commercialised in such a way that the overall benefit to Australian grain growers is optimised. Identify the opportunities provided within the GRDC R&D portfolio to form more commercial partnerships to deliver benefits to the Australian industry. Expand the GRDC’s global reach in order to increase the availability of technology to the Australian industry. Assess the value of the GRDC’s commercially orientated investments. Ensure that the GRDC’s investment in intellectual property and commercial enterprises continues to be focused on providing a return on investment. Commercial enterprises Commercial farm technologies Commercial grain technologies Enabling business group Corporate Services In the context of the GRDC delivering benefits to its stakeholders, provide: Plan to satisfy corporation objectives. Establish business processes to Business processes Compliance Finance
value. AASB 119 Employee Entitlements – reissued All entities required to recognise actuarial gains and losses for defined benefit plans on the same basis (FMOs currently permit Public Financial Corporations and Government Business Enterprises to apply any of the three recognition options). Additional disclosures are also required for defined benefit plans. Annual leave is to be disclosed as a long-term benefit. Revisions to termination benefits may result in changed timing for recognition of termination expenses. We do not anticipate a significant financial impact for the GRDC. AASB 2011-10 Amendments to Australian Accounting Standards arising from AASB 119 (September 2011) See above. AASB 2012-2 Amendments to Australian Accounting Standards – Disclosures – Offsetting Financial Assets and Financial Liabilities [AASB 7 & AASB 132] As appropriate. AASB 2012-5 Amendments to Australian Accounting Standards arising from Annual Improvements 2009–2011 Cycle [AASB 1, AASB 101, AASB 116, AASB 132 & AASB 134 and Interpretation 2] Minimal impact. Most likely entities may only be affected by the changes to AASB 101 and AASB 116 (if at all). AASB 2012-6 Amendments to Australian Accounting Standards - Mandatory Effective Date of AASB 9 and Transition Disclosures As appropriate. All other new standards, revised standards, interpretations and amendments to standards that were issued prior to the sign-off date and are applicable to the current reporting period did not have a material effect, and are not expected to have a future material effect, on the Corporation’s financial statements.
Project Refunds in connection with Related parties External parties Total project refunds Note 4D – Royalties 106 3,152 3,258 101 1,375 1,476 Coarse grains 2,581 1,591 Grain legumes 608 965 Oilseeds 194 209 Wheat 2,781 1,992 Other 29 517 Total royalties 6,193 5,274 Royalties in connection with Related parties External parties Total royalties 109 6,084 6,193 68 5,206 5,274 Note 4E – Grants Income Related parties 197 1,494 External parties 1,009 232 Total grants income 1,206 1,726 Note 4F – Other Revenue Levy penalties 167 204 Groundcover advertising income 162 192 Publications revenue 15 104 Other income 19 62 Total other revenue 363 562 Gains Note 4G – Other Gains Gain on sale of shares Change in fair value through profit and loss 1,716 5,480 - 3,625 7,196 3,625 Note 4H – Revenue from Government
A biannual review by the Finance, Risk and Audit Committee of the performance of the Corporation’s individually managed funds in comparison with other managed funds investing in the Australian Bond and Australian Cash sectors; and Policies and procedures that guide employees in managing debtors. The Corporation holds no collateral to mitigate against credit risk. Credit quality of financial assets not past due or individually determined as impaired Not past due nor impaired 2014 $’000 Not past due nor impaired 2013 $’000 Past due or impaired 2014 $’000 Past due or impaired 2013 $’000 Cash and cash equivalents 72,381 72,253 - - Trade and other receivables 1,285 21,386 1,466 281 Managed funds 145,872 147,391 - - Shares in unlisted companies 7,454 7,811 19,879 19,122 Total 226,992 248,841 21,345 19,403 Ageing of financial assets that are past due but not impaired for 2014 0 to 30 days $’000 31 to 60 days $’000 61 to 90 days $’000 90+ days $’000 Total $’000 Receivables 689 - - 777 1,466 Total 689 - - 777 1,466 Ageing of financial assets that are past due but not impaired for 2013 0 to 30 days $’000 31 to 60 days $’000 61 to 90 days $’000 90+ days $’000 Total $’000 Receivables 45 - - 236 281 Total 45 - - 236 281 The following assets have been individually assessed as impaired: 2014 2013 $’000 $’000 Shares in unlisted companies 19,879 19,122 Factors that have been considered in assessing the shares as impaired include: the continued uncertainty in the success and ability of the companies to generate future economic benefits; and the decrease in the net assets of the companies.
Note 15E – Liquidity Risk The exposure to liquidity risk is based on the notion that the Corporation will encounter difficulty in meeting its obligations associated with financial liabilities. The Corporation has minimal exposure to liquidity risk. The Corporation receives funding from industry through levies and contributions from the Australian Government. In addition, the Corporation has controls in place to ensure that it has adequate resources to meet its financial obligations and has no past experience of default. Maturities for non-derivative financial liabilities 2014 On demand $’000 Within 1 year $’000 1 to 2 years $’000 2 to 5 years $’000 > 5 years $’000 Total $’000 Payables - 57,684 472 461 - 58,617 Total - 57,684 472 461 - 58,617 Maturities for non-derivative financial liabilities 2013 On demand $’000 Within 1 year $’000 1 to 2 years $’000 2 to 5 years $’000 > 5 years $’000 Total $’000 Payables - 78,554 3,294 407 - 82,255 Total - 78,554 3,294 407 - 82,255 The Corporation had no derivative financial liabilities in both the current and prior year. Note 15F – Market risk Sensitivity analysis of the risk that the Corporation is exposed to for 2014 Risk variable Change in risk variable Effect on Net cost of services 2014 $’000 Equity 2014 $’000 Interest rate risk Interest + 0.60% (1,732) (1,732) - 0.60% 1,732 1,732 Currency Risk USD + 11.5% 2 2 - 11.5% (3) (3)
Table 33 Australian Government research priorities and associated goals National Research Prioritiesa An environmentally sustainable Australia Promoting and maintaining good health Frontier technologies for building and transforming Australian Industries Safeguarding Australia A1: Water—a critical resource A2: Transforming existing industries A3: A4: Reducing and capturing emissions in transport and energy generation A5: Sustainable use of Australia’s biodiversity A6: Developing deep earth resources A7: Responding to climate change and variability B1: A healthy start to life B2: Ageing well, ageing productively B3: Preventive healthcare B4: Strengthening Australia’s social and economic fabric C1: Breakthrough science C2: Frontier technologies C3: Advanced materials C4: Smart information use C5: Promoting an innovation culture and economy D1: Critical infrastructure D2: Understanding our region and the world D3: Protecting Australia from invasive diseases and pests D4: Protecting Australia from terrorism and crime D5: Transformational defence technologies Rural R&D Priorities Productivity and adding value Improve the productivity and profitability of existing industries and support the development of viable new industries Supply chain and markets Better understand and respond to domestic and international market and consumer requirements and improve the flow of such information through the supply chain, including to consumers Natural resource management Support effective management of Australia’s natural resources to ensure primary industries are both economically and environmentally sustainable Climate variability and climate change Build resilience to climate variability and adapt to and mitigate the effects of climate change Biosecurity Protect Australia’s community, primary industries and environment from biosecurity threats Supporting the Rural R&D Priorities Innovation skills Improve the skills to undertake research and apply its findings Technology Promote the development of new and existing technology a On 21 June 2013, the Australian Government announced the Strategic Research Priorities, which will replace the National Research Priorities. Reporting against the National Research Priorities will conclude at the end of 2013–14.
HCP00001 Extension of winter crop variety information in Queensland 17,800 ICA00010 Mining the ICARDA barley germplasm collection for biotic and abiotic priority traits 133,000 ICA00011 Pre-emptive chickpea pre-breeding for biotic stresses and germplasm enhancement for abiotic stresses 198,141 ICA00012 Focused improvement of durum germplasm for abiotic tolerance 150,000 ICA00013 Improving heat tolerance of wheat 179,901 ICA00014 Application of focused identification of germplasm strategy in Australian environment 272,109 IGP00004 Evaluation of barley breeding lines in the Northern Region 604,109 JOL00004 Develop and implement an expression of interest process and subsequent germplasm licensing for barley breeding (southern node) 70,000 JOL00005 Scoping study on access of germplasm for China 9,722 JPE00001 Wild Cicer collection 7,600 KAL00004 Extension of winter crop variety information in Western Australia 35,000 PCA00001 Australian Peanut Genetic Improvement Program 380,000 RDEM6-1 Development of data sources for evaluation and reporting of progress in GRDC investment themes 435,486 RDEM7 G20 Wheat Initiative 15,295 SKC00002 National Frost Initiative 4,215 TAP00007 Review of the Pulse Breeding Australia structure 36,250 UA00123 Identification of genetic variation for heat tolerance in durum and bread wheat 249,914 UA00127 Pulse Breeding Australia—Australian faba bean breeding program 1,028,725 UA00136 Australian National Frost Program—Coordination and phenotyping 500,000 UA00145 Development of salinity tolerant wheat and barley 878,305 UA00147 Genetic analysis of heat tolerance in wheat 403,000 UA00148 Trait discovery in wild barley using the nested-association mapping population 150,000 UA00152 Genomic selection—Development and utilisation in a commercial wheat-breeding program 30,000 UCD00001 Development and characterisation of a comprehensive collection of wild Cicer species focused on C. reticulatum 25,511 ULA00009 The effects of heat stress on programmed cell death and floret sterility in wheat 149,960
ORM00004 Delivery of farm business management updates in the Southern Region 630,000 ORM00005 Research updates—Southern Region 620,806 ORM00006 Online extension services trial coordination 42,912 PAL00019 Australian broadleaf cropping project 650,000 PFS46-1 Northern Farming Systems—integrating research solutions for profitable outcomes 5,210 PLN00004 Regional Cropping Solutions 114,000 PLN00009 How to farm profitably in the wheat belt 19,900 PLN00010 Soil probes for cheap and accurate soil pH testing 24,000 PR321-1 Adding economic value to the update programs 25,809 PRE00001 Understanding and managing spatial variation in stored soil moisture for better crop management decisions 64,000 PRI00003 Regional Cropping Solutions 96,872 RAI00004 Fast track projects—Soil constraints and management options are poorly understood 24,000 RMS00004 Improving nitrogen application decisions in cropping systems using Yield Prophet and plant available water capacity mapping in the Barmedman area of southern New South Wales 18,750 RPI00009 Maintaining profitable farming systems with retained stubble in the Riverine Plains region 284,167 SDI00002 Regional Cropping Solutions 453,000 SDI00017 Evaluating management options for Rhizoctonia bare patch in barley and wheat in the high-rainfall cropping zone in Western Australia 12,500 SFS00022 Pastures in crop sequencing for the high-rainfall zone of southern Australia 350,000 SFS00025 Evaluation of late nitrogen applications to achieve yield potential and increased protein content in wheat 58,000 SFS00028 Grain and Graze 3—Extension and delivery of mixed farming benefits in the Southern Region 650,000 SFS00029 Potential for nitrification inhibitors and nitrogen timing strategies to improve nitrogen use efficiency by reducing losses 18,750 SYN00005 Western Agribusiness Trial Extension Network 12,500 SYN00006 Short and medium term analysis of macro nutrient dollar substitution into lime 43,200 UA00119 Assessing management options for enhanced soil phosphorus availability using rotations 180,152 UA00138 Extension of nitrogen fixation program outputs to end 69,990
MCV00017 Managing Climate Variability program Phase support and administration 3,188 MCV00023 Managing Climate Variability program Phase 2—Program management committee 657 MCV00031 Predictions of heat extremes on multi-week to seasonal timescales 117,291 MCV00033-2 Managing Climate Variability program—AWI Champion 12,000 MCV00035 Managing Climate Variability program Phase 4—Program coordinator 63,585 MCV00036 Predictive Ocean Atmosphere Model for Australia seasonal forecast value 155,948 MCV00037 Can advances in mid-term weather forecasts reduce emissions from nitrogen fertiliser? 26,667 MCV00038 Australian CliMate Development 154,460 MCV00039 Managing Climate Variability program Phase 4—Independent chair 5,118 MCV00040 Managing Climate Variability program Phase 4—Project management committee 1,114 MCV00041 Improved skill for regional climate in the Access-based POAMA-3 392,562 ME00001 Science Review—Soil Biology Initiative II 8,000 NRS00009 Farm business logic application through Grain and Graze 2 435,000 PDR00002 Biodiversity in the grains industry workshop 36,000 PNS00015 Soil Biology Initiative: Communications program 15,816 POL00001 Polymers for improving soil moisture management and cropping productivity 300,000 PR204-1 Australia's Farming Future—Climate Change Research Program 2,602 QDS00001 Costs of soil induced stress to the Australian grains industry 25,000 ROE00001 Monitoring and evaluation—Grain and Graze 2 12,000 RSS00010 Soil acidity is limiting grain yields—South Australia component 60,000 RSS00011 Mapping the extent of subsoil constraints and identifying the cost of subsoil constraints across the southern and western grains regions 40,000 SFS00026 Soil acidity is limiting grain yield—Southern Victoria 40,000 TAY00001 Delivery of the Improving your farm resource base communication campaign strategy 27,500 UA00115 Improving phosphorus use efficiency in wheat and barley 275,475 UA00128 Can arbuscular mycorrhizal fungi be harnessed to enhance 36,090
Agriculture, CSIRO CSA00026 Grain and Graze 2—National integration 2 Jan 2010 30 Jun 2014 CSIRO, DAN CSP00157 Australian Soybean Breeding Program 30 Jun 2012 30 Jun 2017 CSIRO, CIMMYT, US CSP00164 Australian Cereal Rust Control Program—Molecular marker program collaborative project 1 Jul 2012 30 Jun 2017 CSIRO, UM CSP00181 Molecular control of wild radish using SP11 protein 1 Jul 2013 30 Jun 2015 Agriculture, DAV DAF00004-09 Nitrous Oxide Research Program Phase 2—The use of inhibitors to improve nitrogen cycling and reduce nitrous oxide losses from intensively grazed pasture systems 1 Jul 2012 30 Jun 2015 Agriculture, CRDC, DA, DAN, DAV, DSITIA, IP, QUT, UM, UNE, UWA DAF00004-10 Nitrous Oxide Research Program Phase 2—Managing an integrated, data synthesis and modelling research network for reducing N2O emissions from Australian soils 1 Jul 2012 30 Jun 2015 Agriculture, DAN DAF00004-14 Nitrous Oxide Research Program Phase 2—The effect of fertiliser N breakdown inhibitors and nitrogen rate on GHG emissions, nitrate leaching and N use efficiency in intensive dairy pasture systems in hot dry climates 1 Jul 2012 30 Jun 2015 Agriculture, QUT DAF00004-17 Nitrous Oxide Research Program Phase 2—An integrated assessment of management practices for reducing N2O emission and improving N use efficiency for subtropical dairy systems 1 Jul 2012 30 Jun 2015 DAN, UA DAN00163 Durum Breeding Australia 30 Jun 2012 30 Jun 2017 CRDC DAN00164 Helicoverpa insecticide resistance: monitoring, management and novel methods of Helicoverpa control on Bollgard II cotton 1 Jul 2011 30 Jun 2014 DAN, DAQ, DAV, DAW, SARDI DAN00175 National crown rot epidemiology and management program 30 Jun 2013 30 Jun 2018
Agriculture, DAQ DAQ00162 Grain and Graze 2—Northern Region 1 Apr 2010 31 Dec 2013 DAQ DAQ00173 Evaluating the role of brassica crops in south-west Queensland and northern New South Wales grain cropping systems 1 May 2011 30 Apr 2014 DAQ, SRA DAQ00174 Cropping solutions for the sugarcane farming systems of the Burdekin 1 Jun 2011 31 May 2015 ANU, DAN, DAQ, DAV, DAW, SARDI, UA, USQ, UT DAQ00187 National barley foliar pathogen variety improvement program 30 Jun 2013 30 Jun 2018 RIRDC, SARDI DAS00117 New common and woolly-pod vetch varieties for grain and hay/silage production for Australian farmers 30 Jun 2011 30 Jun 2014 RIRDC, SARDI DAS00129 National Oat Breeding Program—Healthy and productive grain varieties for the future 1 Jul 2012 30 Jun 2017 DAN, DAQ, DAV, DAW, SARDI DAS00137 National improved molecular diagnostics for disease management. 30 Jun 2013 30 Jun 2018 AWI, DA, MLA, RIRDC, SARDI DAS00148 Australian Pastures Genebank 1 Jul 2013 30 Jun 2018 RIRDC, SARDI DAS00149 Vetch varieties for grain and hay production for Australian farmers 30 Jun 2014 30 Jun 2017 Agriculture, DAV DAV00121 Sustaining wheat yield and quality under increasing atmospheric carbon dioxide 1 Jul 2011 30 Jun 2014 Agriculture, DAV DAV00125 More Profit from Crop Nutrition II—Improving nitrous oxide abatement in higher rainfall cropping systems and developing N response curves 1 Jul 2012 30 Jun 2015 CSIRO, DAV DAV00127 Using next-generation genetics to accelerate variety improvement in bread wheat, durum and barley 30 Jun 2013 30 Jun 2018 DAN, DAQ, DAV, DAW, SARDI DAV00128 National nematode epidemiology and management program 30 Jun 2013 30 Jun 2018 AVRDC, CIMMYT, DAN, DAQ, DAV DAV00131 Australian Grains 2: 2013–17 30 Jun 2013 30 Jun 2017
fertiliser? DA, DAFWA, HAL, MLA, RIRDC, SRA MCV00038 Australian CliMate Development 23 Jun 2014 30 Aug 2016 DA, DAFWA, HAL, MLA, RIRDC, SRA MCV00039 Managing Climate Variability program Phase 4—Independent chair 1 Jul 2013 30 Jun 2016 DA, DAFWA, HAL, MLA, RIRDC, SRA MCV00040 Managing Climate Variability program Phase 4—Project management committee 1 Jul 2013 30 Jun 2016 BOM, DA, DAFWA, HAL, MLA, RIRDC, SRA MCV00041 Improved skill for regional climate in the Access-based POAMA-3 23 Jun 2014 28 Feb 2017 DA, DAFWA, HAL, MLA, RIRDC, SRA MCV00042 Managing Climate Variability program Phase support and administration 1 Jul 2013 30 Jun 2016 Agriculture, NRS NRS00007 Farm Business Logic Application through Grain and Graze 2 30 Jun 2013 30 Mar 2014 ANU, CSIRO, DEST, UNS, UQ, UWA NYS00002 National Youth Science Forum 1 Jul 2011 30 Jun 2015 DAQ, GRDC, PRC, UQ PCL00008 Pork CRC projects related to grain handling and statistical analysis 1 Jul 2011 30 Jun 2014 PNP, SAGIT PNP00001 Increasing the value and marketability of feed grains for the grains industry 1 Jul 2010 30 Jun 2013 RIRDC RDC00006 Investing in Youth Initiative 1 Jan 2010 31 Dec 2013 RIRDC RDC00008 Contribution to the collaborative venture for farming and fishing health and safety initiative 1 Jul 2012 30 Jun 2017 RIRDC RDC00009-1 National Oat Breeding Program—Healthy and productive grain varieties for the future 1 Jul 2012 30 Jun 2015 RIRDC RDC00010 Horizon Scholarship sponsorship 1 Jun 2013 1 Mar 2018 RIRDC RDC00011 Horizon Scholarship sponsorship 1 Jul 2014 30 Jun 2019 Agriculture, ROE ROE00001 Monitoring and and Graze 2 1 Jul 2009 30 Jun 2014 Agriculture, SFS SFS00020 Southern Victorian Grain and 31 Jan 31 Dec
Graze 2 program 2010 2013 SFS SFS00028 Grain and Graze 3—Extension and delivery of mixed farming benefits in the Southern Region 1 Jan 2014 31 Dec 2017 SRA SRD00004 Water use efficiency 1 Jul 2010 30 Jun 2014 DAV, UA UA00111 Developing chemical methods to mobilise fixed nutrients in cropping soils 30 Jun 2009 31 Dec 2013 Agriculture, UA UA00117 Grain and Graze 2—Eyre Peninsula program 31 Mar 2010 31 Dec 2013 CSU, UA UCS00020 Weed management in the Southern Region mixed farming systems—Strategies to combat herbicide resistance 30 Jun 2013 30 Jun 2018 AEC, Agriculture, AGWA, AMPC, APL, AWI, CRDC, CSIRO, DA, DAN, DAQ, DAT, DAV, DAW, DNT, FRDC, FWPA, HAL, MLA, RIRDC, SARDI, UM UM00044 Climate change research strategy for primary industries participants agreement 1 Jun 2011 30 Jun 2016 DAN, DAW, CSIRO, MGP, SARDI, UM UM00051 National Canola Pathology Program including new molecular knowledge, pathogen evolution and control technologies 1 Jun 2013 30 Jun 2018 DAN, DAV, UM UM00052 Improving grower surveillance, management, epidemiology knowledge and tools to manage crop disease—National Chickpea Pathology Program 30 Jun 2013 30 Jun 2018 DAW, MU, UT UMU00038 Improved adaptation of barley to acid soils 1 Jul 2011 31 Dec 2015 DAW, MU UMU00041 More Profit from Crop Nutrition II—Assessing the nutritional benefits of clay amendment and cultivation of sands 1 Jul 2012 31 Jan 2016 Agriculture, UQ UQ00066 More Profit from Crop Nutrition II—Defining nitrogen response surfaces for sorghum and canola in the northern grains region 1 Jul 2012 30 Jun 2015
Compliance index CAC Act requirements Approval by directors ix Auditor-General’s report 137-138 Board committees 111-2 Corporate governance 127-30 Directors particulars 107-10 Board meetings attended 114 education and performance reviews 112-3 Directors’ statement ix Enabling legislation 5 Ethics and risk management 127-8 Exemptions Not applicable Financial statements 140-88 Government policies and General Policy Orders 122 Indemnities and insurance premiums for officers 129 Judicial decisions and reviews by outside bodies 126 Key activities and changes iii-v, 22-107, 126, 140-88 Location of major activities and facilities 13 Ministerial directions 121 Operational and financial results 22-107, 140-88 Organisational structure 12 Other legislation Environment Protection and Biodiversity Conservation Act 1999 129 National Disability Strategy 2010–20 (Commonwealth Disability Discrimination Act 1992) 133 Freedom of Information Act 1982 130 Work Health and Safety Act 2011 133 Related entity transactions not applicable Responsible minister 121 Significant events under section 15 126 PIRD Act requirements Acquisition and disposition of real estate not applicable Agreements under sections 13 and 14 195-242 Annual Operational Plan implementation 22-107 Commercial activities 101-105 Companies in which the GRDC has an interest 104-105 Five-year strategic R&D plan achievement of objectives 6-10, revisions Not applicable Funds sources iii-v, 5, 140-88 expenditure iii-v, 140-88, 192-235 Intellectual property 103-4 Marketing activities attached to levy marketing component not applicable