Forest & Wood Products Australia (FWPA) has announced the signing of a new Statutory Funding Agreement with the Department of Agriculture,...
Vous n'êtes pas connecté
New and improved agricultural levies legislation has replaced the former framework, making the levy system more user friendly for participants and making it easier for them to understand obligations. Source: Timberbiz More than 50 pieces of legislation governing over 110 levies and charges across 75 commodities and 18 bodies that receive levies are being streamlined into five Acts and subordinate legislation. Deputy Secretary for Agriculture, Fisheries and Forestry Policy Matt Lowe said the new legislation would make life simpler for those interacting with it from 1 January. “From the start of 2025, the new legislation will make obligations clearer for levy payers, collection agents and bodies that receive levies, and better support industries seeking to pursue new or change existing levies,” Mr Lowe said. “More flexible and consistent, it will benefit current and future levy system participants and help industry to get the most out of the levy system. “The streamlined legislation will allow primary industries to continue to invest collectively in research and development, marketing, biosecurity activities and responses, and residue testing. “Our agricultural levy system is a long-standing, successful partnership between industry and government to facilitate industry investment in strategic activities, and the new framework will make it stronger and more effective.” Research and Development Corporations will also enjoy increased funding certainty under the new legislation. The new framework will reduce administrative costs and complexities and provide a solid foundation for continual improvement. The changes follow a review that found existing legislation was no longer fit for purpose after growing in an ad hoc fashion over the past 30 years. The Department of Agriculture, Fisheries and Forestry has consulted extensively on the pro-posed legislation with industry groups, levy payers, collection agents and bodies that receive levies. Key features of the levy system will remain the same, such as rates and the purpose for which levies can be used, but participants may experience some administrative changes, like updated due dates and new forms. Levies are collected from farmers, producers, processors and exporters, with any proposal for new, or changes to existing, levies requiring majority agreement among levy payers. In 2023-24, the Research and Development Corporations, Animal Health Australia, Plant Health Australia and the National Residue Survey received just over $600 million in levy payments. The Australian Government contributed an additional $470 million in matching funding for research and development activities.
Forest & Wood Products Australia (FWPA) has announced the signing of a new Statutory Funding Agreement with the Department of Agriculture,...
As of January 1, the controversial increases to development cost charges (DCCs) collected by the Metro Vancouver Regional District (MVRD) are now in...
In reply to <a...
For three working days, 9th –11th January 2025, in the Speke Resort Conference Centre in Uganda's capital, Kampala, the African Union Commission...
By Shairee Malhotra On 1 January 2025, Poland assumed the presidency of the Council of the European Union (EU). The EU’s rotation system, which...
The signing of the Convention on International Civil Aviation in Chicago, US, marked its 80th anniversary on December 7. For eight decades, this...
The EY Africa Enterprise Impact Program is designed to support black-owned companies in Africa. The program helps businesses develop market-ready...
By Yang Xite From December 23 to 24, China's national fiscal work conference was held in Beijing, where the work report was delivered by the...
By Zhou Chao In 2022, China's National Health Commission released a report indicating that during the "14th Five-Year Plan" period, the aging of...
By Liu Lidan ANBOUND's founder Mr. Kung Chan has recently pointed out that the global issue of climate change is gradually evolving from a...