House debates Primary Industries (Excise) Levies Amendment Bill 2010

Second Reading

Tuesday, 19 October 2010 House of Representatives

John Cobb

John Cobb Calare, National Party, Shadow Minister for Agriculture and Food Security

7:08 pm

Madam Deputy Speaker Bird, I hope the member for Lyons can prevail upon his colleagues to see this does not happen because I am sure he knows, as I do, that it is the best money the Commonwealth spends.

As with other primary industry R&D corporations, and as I said, AECL took a methodical and systematic approach to the valuation of the impact of R&D investments to assist consideration of an increase in the levy by the egg industry. They developed a compelling business case that includes an independent cost-benefit analysis, and that analysis provides strong support for increasing the levy. Thank you.

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