❓ Hon Rob Horstman questions the Minister for Agriculture and Food regarding a review of the DPIRD-Grower Group Alliance (GGA) collaboration, specifically concerning leveraged investment and economic returns. The Minister provides financial data from GGA annual reports but does not table the review report.
AnsweredQoN 546Legislative Assembly
QuestionView source ↗
Department of Primary Industries
and Regional Development and Grower Group Alliance—Review
546. Hon Rob Horstman to
the Minister for Agriculture and Food:
I refer to the
review conducted into the Department of Primary Industries and Regional
Development and Grower Group Alliance collaboration.
(1)
In the conduct of the review of the DPIRD–GGA collaboration, did the
minister analyse the leveraged investment GGA achieved across the period of the
collaboration?
(2)
If yes to (1), what did this analysis find in terms of return to state,
leveraged investment return and economic return on investment?
(3)
Will the minister table the review report?
and Regional Development and Grower Group Alliance—Review
546. Hon Rob Horstman to
the Minister for Agriculture and Food:
I refer to the
review conducted into the Department of Primary Industries and Regional
Development and Grower Group Alliance collaboration.
(1)
In the conduct of the review of the DPIRD–GGA collaboration, did the
minister analyse the leveraged investment GGA achieved across the period of the
collaboration?
(2)
If yes to (1), what did this analysis find in terms of return to state,
leveraged investment return and economic return on investment?
(3)
Will the minister table the review report?
AnswerView source ↗
I thank the
honourable member for some notice of the question.
(1)–(3)
A 2024 review was prepared by an external consultant as required under the
funding agreement. A separate economic review was commissioned by the Grower
Group Alliance (GGA) and is not publicly available. A review of publicly
available annual reports shows GGA has been incredibly successful in achieving financial
sustainability.
As of June
2019, GGA had a cash balance of $412,274. As of June 2020—the first
year of the Department of Primary Industries and Regional Development
collaboration—GGA reported income of $99,533, plus DPIRD cash and
in-kind support of $560,788. The June 2024 annual report shows income of over
$9.5 million plus $1.1 million DPIRD cash and in-kind support and assets of
$10.48 million.
honourable member for some notice of the question.
(1)–(3)
A 2024 review was prepared by an external consultant as required under the
funding agreement. A separate economic review was commissioned by the Grower
Group Alliance (GGA) and is not publicly available. A review of publicly
available annual reports shows GGA has been incredibly successful in achieving financial
sustainability.
As of June
2019, GGA had a cash balance of $412,274. As of June 2020—the first
year of the Department of Primary Industries and Regional Development
collaboration—GGA reported income of $99,533, plus DPIRD cash and
in-kind support of $560,788. The June 2024 annual report shows income of over
$9.5 million plus $1.1 million DPIRD cash and in-kind support and assets of
$10.48 million.
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