Australia: Agricultural Biotechnology Annual
The Australian federal government is very supportive of biotechnology and has committed considerable long-term funding to research and development. The Australian Productivity Commission recently completed an inquiry into the regulatory burden on farm businesses focusing on regulations that have a material impact on the competitiveness and productivity of Australian agriculture, including the impact of GE regulations. Technical reviews of the Gene Technology Regulations 2001 and the relevant Standard of the Food Standards Code are currently underway to provide clarity regarding regulatory capture of new technologies.