Letter of transmittal
13 October 2006
The Hon. Sussan Ley, MP
Parliamentary Secretary to the Minister for Agriculture, Fisheries and Forestry
CANBERRA ACT 2600
cc The Hon. Peter McGauran, MP Minister for Agriculture, Fisheries and Forestry
Dear Parliamentary Secretary
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), I have pleasure in presenting the annual report of the Grains Research and Development Corporation for the year ended 30 June 2006.
The GRDC is confident that its performance in 2005-06 contributed to the industry's and the government's vision for a profitable, internationally competitive and ecologically sustainable Australian grains industry. This vision is consistent with the GRDC's responsibility to plan and report against the:
- objects in the PIERD Act
- planned outcomes as embodied in Driving Innovation, the corporation's Five Year Research and Development Plan 2002-07, and as stated in the Annual Operational Plan 2005-06
- inputs and outputs and their contribution to the corporation's outcomes and outputs framework.
This annual report complies with the planning and reporting requirements prescribed by the CAC Act. Under section 9 of the CAC Act, GRDC directors are responsible for producing an annual report in accordance with the rules laid down in Schedule 1 of the Act, including a 'Report of Operations' prepared in accordance with the Finance Minister's Orders.
The attached Report of Operations forms an integral component of the GRDC's outcome and outputs framework and was prepared in accordance with a resolution of the corporation's directors on 25 September 2006. In my opinion, this report presents fairly the information required by the Minister for Finance and Administration as set out in the Commonwealth Authorities and Companies (Report of Operations) Orders 2005, issued on 29 June 2005.
TERRY J ENRIGHT