About Your Levy
Australian primary industries that choose to invest in the levies system prescribe the amount of levy or charge applied to a commodity under the Primary Industries (Customs) Charges Act 1999, Primary Industries (Excise) Levies Act 1999, National Residue Survey (Customs) Levy Act 1998 and the National Residue Survey (Excise) Levy Act 1998.
Levy and charge revenue can be directed to biosecurity preparedness and emergency plant pest and animal disease responses, residue testing, marketing and research and development. It is the decision of a primary industry to determine the proportion of how a levy or charge is directed to each of these activities.
AgriFutures Australia receives the research and development (R&D) levy allocation to invest in line with the industry objectives of the respective program’s Strategic Plan. The Levy is collected and distributed via the Department of Agriculture. For more information, visit the Department of Agriculture, Fisheries and Forestry website.
AgriFutures Australia also receives Commonwealth matching funding based on 0.5% of the aggregate GVP of all AgriFutures Australia’s levied industries (Arena 3) or half of AgriFutures Australia’s eligible expenditure – whichever is the lesser. This includes expenditure in non-levied industries Arenas 1, 2 and 4 irrespective of their funding source.
AgriFutures Australia’s Board allocates the Commonwealth matching funding to each levied industry program. The respective programs will receive 50c per dollar of eligible expenditure (subject to availability of Commonwealth matching funding).
The total program budget comprises of the R&D levy allocation, Commonwealth matching funding (allocated by the AgriFutures Australia Board) and third party contributions (where appropriate).