Stakeholders are encouraged to share their views on the grass-fed Cattle Transaction Levy discussion paper.
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Cattle Australia’s Cattle Transaction Levy Review Committee is seeking stakeholder feedback on its first discussion paper, which is part of the review of the grass-fed Cattle Transaction Levy.
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Principles Guiding the Review of the Grassfed Cattle Transaction Levy outlines key considerations, including value and flexibility of levy investments, exploring additional funding streams, introducing a regular review cycle and funding industry representation.
Committee chair Bryce Camm encouraged stakeholders to share their views on the paper and said “the review is an important opportunity for industry input”.
“The $5 levy underpins critical investment for producers and the broader supply chain, generating around $75 million per year from our grass-fed cattle sector, within an industry with a gross value of production close to $19 billion — so we’re keen to hear where it can deliver the greatest value into the future,” Mr Camm said.
The discussion paper will be followed by a series of engagement activities including an economic analysis report, stakeholder surveys and in-person and online events.
This is the first comprehensive review into the levy since 2006 and was initiated by Cattle Australia to assess whether current settings remain fit for purpose.