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Support for R&D in agriculture

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THE HON DR SHARMAN STONE MP Federal Member for Murray

Thursday 29 August 2013

Coalition commits to $100 million for agricultural R&D

‘Our farmers have been among the best in the world when the seasons are right. They are productive and innovative but the Labor Government’s slashing of Research and Development has seen Australian farmers losing ground,’ Sharman Stone the Federal Member for Murray said.

The Coalition has now committed $100 million to 15 Rural Research and Development Corporations to provide industry with more cutting-edge technology, continued applied research, and a greater emphasis on collaborative innovation and value adding.

‘The Coalition knows that Australia and New Zealand are the two developed economies which basically do not subsidise farm production. That does not mean that Australian farmers are abandoned by governments. They, like other industries need research support. Australia has a reputation as producing clean and nutritious food.

Labor has decimated the agricultural portfolio dropping the annual budget of $3.8 billion in 2007 to under $2 billion today. Labor promised to capitalise on the so-called Asian Century but abolished Land and Water Australia and cut $63 million in CSIRO agricultural research.

‘No wonder our farmers are deeply cynical about Labor,’ Sharman Stone said.

The Coalition knows the worth of our farming sector. We will support the farm sector as a generator of jobs and fine food and fibre. The Coalition will also make sure anti-competitive, unfair conduct and misuse of market power by the supermarkets will be reviewed and sorted out.

Media inquiries: Vicki Neele 0408589807