Productivity Commission Inquiry into Rural Research And Development
The Assistant Treasurer, Senator Nick Sherry, and the Minister for Agriculture, Fisheries and Forestry, Tony Burke, have today announced the terms of reference for a Productivity Commission inquiry into rural research and development corporation arrangements.
The inquiry will consider the economic and policy rationale for Australian Government investment in rural research and development.
The inquiry will also examine the interactions and potential overlaps across governments and programs to ensure Australia gets the best value for its research and development spending.
The Commission will hold public hearings and release a draft report for public comment, before delivering a final report to the Government in February 2011.
The terms of reference for the inquiry are attached.
For more information, go to www.pc.gov.au
CANBERRA
15 February 2010
