CHART 2:
EXPENDITURE BY BUSINESS
OBJECTIVE
CHART 3:
EXPENDITURE BY
BUSINESS GROUP
CHART 4:
REVENUE
$’000 $ m
1 Increase farm productivity 42%
2 Maintain and develop high
margin markets, channels
and products 29%
3 Promote and protect the benefits
of Australian dairy 29%
1 Farm Productivity & Delivery 19,639
2 Value Chain Innovation 9,022
3 R&D Administration 353
4 Technical Issues 2,827
5 National Marketing 9,331
6 Trade & Strategy 5,679
7 Corporate Affairs 3,086
8 Corporate Services
(including Human Resources) 4,890
1 Dairy Service Levy 30,016
2 Government matching
payments 15,998
3 Company contributions 2,891
4 Finance revenue 1,974
5 Royalties 192
6 Other 181
7 Reserves 3,575
Dairy Australia’s deficit for the year was $3.6 million. Total income from ordinary activities was $51.3 million
consisting of income from the Dairy Service Levy, Government matching payments, external contributions, interest,
royalties and other miscellaneous income. Full details are disclosed in the Income Statement on page 93.
Total expenditure on ordinary activities was $54.8 million. Expenditure on R&D was $36.3 million (66 per cent
of total). Expenditure on industry services through its Trade & Strategy, National Marketing, Corporate Affairs and
Technical Issues business groups made up 34 per cent of total expenditure.
Dairy Australia’s total net assets are $23.6 million at 30 June 2007. This level of reserves is above what the
Company considers to be a prudent minimum and consistent with the Company’s five year Strategic Plan, it will
be reduced over the next two years.
REGIONAL DEVELOPMENT PROGRAMS
The Regional Development Programs (RDPs) are independent, regional bodies that were initially established
by Dairy Research and Development Corporation in the mid-1990s to provide the dairy industry with an
independent perspective of the dairying regions. There are eight RDPs throughout the major dairying areas of
Australia. Funded by Dairy Australia, the specific roles and responsibilities of the RDPs are to:
o Better understand regional needs and differences (production systems, infrastructure, culture);
o Develop regional partnerships that lead to improved co-ordination and delivery of R&D and extension
(RD&E) programs;
o Attract additional funding for RD&E; and
o Empower the local dairy industry and build leadership capacity across Australia.
Dairy Australia funds are allocated to the RDPs using a funding formula based on regional milk production.
Each year the RDPs consult with the industry in their region and develop regional farm sector priorities. The
RDPs then develop an annual operating plan for the investment of funds in RD&E initiatives to address these
priorities. RDPs use Dairy Australia’s funds to broker regional partnerships to improve the co-ordination and
delivery of RD&E activities and to increase investment in industry-initiated programs.
In 2006/07, the eight RDPs delivered the following activities with a total investment of $23.3 million ($3.6
million from Dairy Australia and $19.7 million from other organisations).
Table 5: Regional Development Program activity 2006/07
RDP
Dairy
Australia’s
investment
Other
funding
Number
of projects
funded
Number
of projects
initiated
Number
of projects
completed
Number of events held
and dairy farmers
who attended
Subtropical Dairy
Subtropical QLD and
Northern NSW
$457,929 $3,263,559 27 10 22 111 events,
1,500 attendees
DIDCO
(Dairy Industry
Development
Company) – NSW
$355,578 $2,461,113 34 32 30 340 events,
2,746 attendees
Murray Dairy
Murray Region $820,723 $4,414,523 31 21 14 121 events,
5,587 attendees
GippsDairy
Gippsland $592,418 $3,478,250 31 24 22 152 events,
4,047 attendees
WestVic Dairy
South-west Victoria $592,418 $930,539 11 7 4 14 events,
842 attendees
DairyTas
Tasmania $254,362 $1,261,579 14 9 9 89 events,
842 attendees
DairySA
South Australia $278,225 $1,719,084 15 11 5 210 events,
1,300 attendees
Western Dairy
Western Australia $208,966 $2,208,333 3 4 7 17 events,
800 attendees
Total $3,560,394 $19,736,980 166 118 113 1,054 events,
17,664 attendees
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