6 October 2011

 

Senator the Hon. Joe Ludwig
Minister for Agriculture, Fisheries and Forestry
Parliament House
CANBERRA ACT 2600

 

Dear Minister

I have pleasure in presenting the annual report of the Grains Research and Development Corporation (GRDC) for the year ended 30 June 2011, in accordance with section 9 of the Commonwealth Authorities and Companies Act 1997 (CAC Act) and section 28 of the Primary Industries and Energy Research and Development Act 1989 (PIERD Act).

The GRDC is confident that its performance in 2010–11 contributed to the industry’s and the government’s vision for a profitable, internationally competitive and ecologically sustainable Australian grains industry. This achievement is consistent with the GRDC’s responsibility to plan, execute and report against the:

• objects of the PIERD Act as they apply to the GRDC
• planned outcomes of Prosperity through Innovation, the corporation’s five-year Strategic R&D Plan 2007–12
• outcomes and outputs described in the annual operational plan
• outcome and deliverables described in the portfolio budget statements.

This annual report complies with the planning and reporting requirements prescribed by the CAC Act. GRDC directors are responsible, under section 9 of the CAC Act, for the preparation and content of the report of operations in accordance with the Commonwealth Authorities and Companies (Report of Operations) Orders 2008 (Finance Minister’s Orders).

The attached report of operations was made in accordance with a resolution of the corporation’s directors on 28 September 2011 and presents fairly the information required by the Finance Minister’s Orders.

Yours sincerely

Keith Perrett
Chair