Last week (Wednesday 3 October 2012) the Port Access Code Development Committee (CDC) met in Sydney to discuss the potential mechanics of an independent body to monitor compliance of the Code," said the Committee Chairman Mr Tom Keene.
"Good progress has been made and the Committee remains on track to have a draft code available for industry consultation before the end of the year.".
Grain Trade Australia (GTA) has released a draft Code of Practice known as the Australian Grain Industry - Code of Practice (the Code) for industry consultation prior to its implementation.
Tom Keene, Chairman of GTA noted, "with evolving market conditions and the industry’s desire to demonstrate self regulation, GTA Members and the broader grain industry recognise the development of a more prescriptive Industry Code of Practice, which better defines processes and procedures.."
The Chairman of Grain Trade Australia, Mr Tom Keene, has announced the appointment of Peter Reading to the GTA Board.
"Peter Reading is well known throughout all sections of the Australian grains industry particularly due to his role as the Managing Director of the Grain Pool of Western Australia and most recently Managing Director of the Grains Research Development Corporation." said Mr Keene.
The 2012 Annual General Meeting of members of Grain Trade Australia Ltd will be held at The Menzies Hotel, 14 Carrington St, Sydney, on Tuesday 23 October 2012 commencing at 9:00am (AEST).
"Cooperation across all sectors of the Australian grain industry has been a feature of the activities of the Port Access Code of Conduct Development Committee (CDC)," said the Committee Chairman, Mr Tom Keene.
In February 2012, industry formed the CDC to facilitate the development of a port access Code of Conduct. The development of a Code is in line with recommendations of the Productivity Committee, and the government’s response.
Grain Trade Australia (GTA) is proposing that a voluntary levy on grain exports be introduced to fund post farm-gate grain industry development functions and has released a discussion paper on the issue.
The Chair of the Port Access Code of Conduct Development Committee (CDC), Mr Tom Keene, announced the CDC has agreed, in-principle, to provide additional grain stocks data to the market should a Voluntary Code of Conduct be agreed by the industry.