New Code of Conduct for Australian grain industry
2 November 2009
An Australian Grain Industry Code of Conduct that will guide the industry to best practice and transparency in transactions along the grains supply chain has been launched.
Grain Trade Australia (GTA), who are custodians of the Australian Grain Industry Code of Conduct (The Code) will oversee its release and evaluate its performance on an annual basis.
The Code, which is voluntary, focuses on the transactions and processes relating to the buying and selling of grain and applies to all commodities and all forms of packaging.
To date, eight grains industry organisations have signed up to The Code with more expected to follow.
GTA Chairman Mr Tom Keene said The Code had been designed to improve the transparency and clarity of transactions regarding the buying and selling of grain as well as enhance the behaviour of industry participants.
“The Code aims to encourage best practice along the supply chain when it comes to transactions that relate to the buying and selling of grain."
“The Code will also serve to improve stakeholder and customer confidence in the Australian grain industry, a key challenge for the industry following changes to wheat marketing arrangements,” Mr Keene said.
Mr Keene added that GTA was well placed to be the custodians of The Code.
“GTA as the organisation responsible for providing the commercial rules and standards used across the entire Australian grain industry has a very important role when it comes to supporting and reviewing the progress of The Code,” Mr Keene said.
Australian grain industry stakeholders will receive a copy of The Code in the latest edition of GRDC’s Ground Cover publication. It can also be downloaded from the GTA website by visiting www.graintrade.org.au
The Code’s development has been facilitated by Grain Trade Australia (GTA) with financial support from the Australian Government Department of Agriculture, Fisheries and Forestry (DAFF) as part of the wheat marketing transitional funding assistance measures.
For more information: Suzanne Laing ph (02) 8204 3853
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