Biotech Updates

Parliamentary Report Confirms Importance of Agricultural Innovation in Australia

May 18, 2016

A new report, Smart farming – inquiry into Agricultural innovation was released by Australia's House of Representatives Standing Committee on Agriculture and Industry. The report notes the importance of innovation in agriculture, the need for removal of state moratoria on the cultivation of genetically modified (GM) crops, and the value of appropriate risk-commensurate regulations.

The Inquiry was carried out to ensure that Australian farmers remain at the forefront of development and adoption of new technologies that help reap advances in productivity, sustainability, and efficiency.

The review stated that the moratorium has created uncertainty which led to a poor path-to-market for GM products which has been discouraging private investment. It also stated that the Acting GTR suggested that providing plain-language information about gene technology and GM organisms might lead to greater public awareness and acceptance.

For more details, read the CropLife media release. The report is available for download at the Parliament of Australia website.