Summary
This instrument amends the Primary Industries Levies and Charges Collection Regulations, modifying the collection mechanisms, rates, reporting requirements, or exemptions for compulsory levies and charges imposed on primary industry sectors including agriculture, forestry, and fishing. It enables the collection of statutory levies that typically fund industry marketing bodies, research corporations, and biosecurity activities.
Reason
Compulsory levy collection mechanisms impose compliance costs on primary producers, reduce capital available for private investment, and distort market signals by artificially supporting certain commodities. The regulation forces producers to fund activities (marketing, research) that could be delivered more efficiently through voluntary market mechanisms. Additionally, the compliance burden falls disproportionately on rural and remote businesses already battling geographic disadvantages. If the underlying levies themselves were desired by industry participants, they would voluntarily contribute to fund such activities.