About Grain Trade Australia
Grain Trade Australia or GTA (formerly NACMA) was formed in 1991 to standardise grain standards, trade rules and grain contracts across the Australian grain industry to enable the efficient facilitation of trade across the grain supply chain. GTA's role today is to ensure the efficient facilitation of commercial activities across the grain supply chain. To achieve this, GTA develops and provides the industry with some key tools:
- Commodity Standards
- Contracts
- Trade Rules
- Dispute Resolution Service
- Professional Development
- Australian Grains Industry Conference
GTA's Strategic Direction 2010 builds on the strategic directions document released at the Australian Grains Industry Conference in July 2008. It has been prepared for GTA members and others with an interest in the Australian grain industry to outine GTA's role in the industry and its activities over the short to medium term.
GTA is non political, however, issues arise from time to time where there is common agreement amongst members and GTA represents their interests.
GTA is a member of:
- International Grain Trade Coalition (IGTC) – members are drawn from the major grain exporting countries. The IGTC represents their interests at world trade forums such as the UNEP Convention on Biological Diversity, better known as the Cartagena Protocol.
- Australian Quarantine Inspection Service (AQIS) – GTA is on the Grains Industry Consultative Committee.
- Food Chain Assurance Advisory Group – GTA is part of the Committee to the Commonwealth Attorney General’s Department.
GTA makes representations to :
- Australian Securities Investment Commission (ASIC) in relation to Financial Services Reform Act (FSRA), Australian Financial Services Licence (AFSL) requirements and other ASIC issues relating to the grain industry.
- Department of Foreign Affairs and Trade on issues such as the Cartagena Protocol on Biosafety.
- Financial Ombudsman Service that was established to resolve disputes between parties to financial and derivate based products.
About Grain Trade Australia (GTA) Brochure (PDF 312KB)
