Average cost per activity focussed on innovation and Average adaption cost * per regulatory activity * $2 – – 4, Note: This is a new measure and comparison to previous will be difficult until a series of trend data is gathered. 3. Competitive food and agricultural industries department undertakes a variety of activities that are designed to facilitate supply chain effectiveness and produce high quality Efficient and effective supply chains are critical to the State’s future products that satisfy the needs of a variety of markets. These economic development. The department has a leadership role in activities include: assisting industry to create and maximise opportunities that will lead to progressive and profitable agriculture and food industries. The Develop and promote legislation, regulation and department supports the growth of competent and productive policy to maximise opportunities for agriculture and food industries by promoting efficient use of natural resources, high industries; standards of biosecurity, modern marketing, value-adding and Provide advice on infrastructure requirements for existing and research to enhance continuous improvement through the supply future industry needs; chain from producer to consumer. Provide supply chain advisory services; Facilitate investment attraction in partnership with government The service delivered by the department that directly supports the and industry; and achievement of this agency level outcome is industry and regional Provide key information and support for existing industries support. The department’s activities directly and indirectly enhance and the development of new industries the overall quality of life for people in remote and regional areas. The Effectiveness indicators Innovation is critical to maintaining a competitive food and agricultural industry that supports growth and fosters a strong 3.1 Benefit–cost ratio and net present value of the agency’s research and development activity economy delivering more jobs, sustaining communities and — feeding families. Over the last 30 years Australia’s agricultural
Average cost per activity focussed on innovation and adaption * – Average cost per regulatory activity * – Note: This is a new measure and comparison to previous will be difficult until a series of trend data is gathered. 3. Competitive food and agricultural industries Efficient and effective supply chains are critical to the State’s future economic development. The department has a leadership role in assisting industry to create and maximise opportunities that will lead to progressive and profitable agriculture and food industries. The department supports the growth of competent and productive industries by promoting efficient use of natural resources, high standards of biosecurity, modern marketing, value-adding and research to enhance continuous improvement through the supply chain from producer to consumer. The service delivered by the department that directly supports the achievement of this agency level outcome is industry and regional support. The department’s activities directly and indirectly enhance the overall quality of life for people in remote and regional areas. The department undertakes a variety of activities that are designed to facilitate supply chain effectiveness and produce high quality products that satisfy the needs of a variety of markets. These activities include: Develop and promote legislation, regulation and policy to maximise opportunities for agriculture and food industries; Provide advice on infrastructure requirements for existing and future industry needs; Provide supply chain advisory services; Facilitate investment attraction in partnership with government and industry; and Provide key information and support for existing industries and the development of new industries Effectiveness indicators 3.1 Benefit–cost ratio and net present value of the agency’s research and development activity Innovation is critical to maintaining a competitive food and agricultural industry that supports growth and fosters a strong economy — delivering more jobs, sustaining communities and feeding families. Over the last 30 years Australia’s agricultural 4, $2