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Australian Wine And Brandy Corporation
Wine Australia is an Australian Government statutory corporation that promotes and regulates the Australian wine industry. It was created as the Australian Wine and Brandy Corporation (AWBC) in 1981 to replace the Australian Wine Board by the ''Australian Wine and Brandy Corporation Act 1980'', and had its name changed by the amended ''Wine Corporation Act 1980'', passed in December 2010. Wine Australia is now governed by the superseding law, ''Wine Australia Act 2013''. Wine Australia determines the boundaries of Australia's wine regions and sometimes names them. Wine Australia also regulates wine exports, ensuring the quality and integrity of each shipment of wine exported. Wine Australia has three main departments; Compliance, Market Development and Knowledge Development. Wine Australia has its headquarters in Adelaide. History Wine Australia is a type of statutory authority known as a statutory corporation, established by the Australian Government. It was originally crea ...
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Statutory Corporation
A statutory corporation is a government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, thus, they are statutes owned by a government or controlled by national or sub-national government to the (in some cases minimal) extent provided for in the creating legislation. Bodies described in the English language as "statutory corporations" exist in the following countries in accordance with the associated descriptions (where provided). Australia In Australia, statutory corporations are a type of statutory authority created by Acts of state or federal parliaments. A statutory corporation is defined in the government glossary as a "statutory body that is a body corporate, including an entity created under section 87 of the PGPA Act" (i.e. a statutory authority may also be a statutory corporation). An earlier definition describes a statutory corporation as "a statutory authority that is a body corporate", and the New South Wales Governme ...
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Royal Assent
Royal assent is the method by which a monarch formally approves an act of the legislature, either directly or through an official acting on the monarch's behalf. In some jurisdictions, royal assent is equivalent to promulgation, while in others that is a separate step. Under a modern constitutional monarchy, royal assent is considered little more than a formality. Even in nations such as the United Kingdom, Norway, the Netherlands, Liechtenstein and Monaco which still, in theory, permit their monarch to withhold assent to laws, the monarch almost never does so, except in a dire political emergency or on advice of government. While the power to veto by withholding royal assent was once exercised often by European monarchs, such an occurrence has been very rare since the eighteenth century. Royal assent is typically associated with elaborate ceremony. In the United Kingdom the Sovereign may appear personally in the House of Lords or may appoint Lords Commissioners, who announce ...
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Keith Pitt
Keith John Pitt (born 31 August 1969) is an Australian politician. He is a member of the National Party and has represented the Division of Hinkler in Queensland since the 2013 federal election. He was a member of cabinet in the Morrison Government as Minister for Resources and Water and also served as an assistant minister in the Turnbull Government. He was an electrical engineer and businessman before entering politics. Early life Pitt was born in Bundaberg, Queensland. He grew up in Woongarra and attended Kepnock State High School before taking up an electrical apprenticeship. He went on to the Queensland University of Technology, graduating with the degree of Bachelor of Engineering. Pitt worked as an electrical fitter mechanic before joining Bundaberg Sugar as an electrical engineer. He later served as the company's group safety co-ordinator. In 2002, he established the Australian Safety and Training Alliance, a workplace health and safety training provider. He and his ...
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David Littleproud
David Kelly Littleproud (born 4 September 1976) is an Australian politician who has been the leader of the National Party since May 2022. He has represented the Queensland seat of Maranoa since the 2016 federal election and was a cabinet minister in the Turnbull and Morrison governments. Littleproud grew up in Chinchilla, Queensland, the son of former state government minister Brian Littleproud. He worked as an agribusiness banker with NAB and Suncorp before entering politics. He was first elected to the House of Representatives in 2016. Littleproud was appointed to cabinet the following year, subsequently serving as Minister for Agriculture and Water Resources (2017–2019), Water Resources, Drought, Rural Finance, Natural Disaster and Emergency Management (2019–2020), Agriculture, Drought and Emergency Management (2020–2021), and Agriculture and Northern Australia (2021–2022). He was elected deputy leader of the Nationals in February 2020 under Michael McCormack. He ...
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Department Of Agriculture And Water Resources
The Australian Government Department of Agriculture and Water Resources was a government department that existed between 2015 and 2019, which was responsible for developing and implementing policies and programs that contribute to strengthening Australia's primary industries, delivering better returns for primary producers at the farm gate, protecting Australia from animal and plant pests and diseases, and improving the health of Australia's rivers and freshwater ecosystems. The Secretary of the Department of Agriculture and Water Resources, Daryl Quinlivan, was responsible to the Minister for Agriculture and Water Resources, The Hon. David Littleproud . The Assistant Minister for Agriculture and Water Resources was Senator the Hon Richard Colbeck since August 2018. The Assistant Minister to the former Deputy Prime Minister Barnaby Joyce was the Hon Luke Hartsuyker MP. Following the appointment of the Second Morrison Ministry in May 2019, Scott Morrison announced David Littl ...
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Funding
Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm uses its internal reserves to satisfy its necessity for cash, while the term financing is used when the firm acquires capital from external sources. Sources of funding include credit, venture capital, donations, grants, savings, subsidies, and taxes. Fundings such as donations, subsidies, and grants that have no direct requirement for return of investment are described as "soft funding" or " crowdfunding". Funding that facilitates the exchange of equity ownership in a company for capital investment via an online funding portal per the Jumpstart Our Business Startups Act (alternately, the "JOBS Act of 2012") (U.S.) is known as equity crowdfunding. Funds can be allocated for either short-term or long-term purposes. Economics In economics f ...
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Department Of Agriculture, Water And The Environment
The Australian Department of Agriculture, Water and the Environment (DAWE) was an Australian Government department which operated from 1 February 2020 until 30 June 2022. It represented Australia's national interests in agriculture, water and the environment. On 1 July 2022, the agriculture and water component became the Department of Agriculture, Fisheries and Forestry (DAFF), while the environment component became the new Department of Climate Change, Energy, the Environment and Water. Organisation, key people, functions The Department represents Australia's national interests across agriculture, water and the environment. The Secretary of the Department of Agriculture, Water and Environment, Andrew Metcalfe , is responsible to the Minister for Agriculture, Drought and Emergency Management, Murray Watt. It is sometimes referred to by the acronym DAWE. Functions The department is responsible for the Commonwealth's regulation and oversight of: * Agricultural, pastoral, f ...
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Sustainability
Specific definitions of sustainability are difficult to agree on and have varied in the literature and over time. The concept of sustainability can be used to guide decisions at the global, national, and individual levels (e.g. sustainable living). Sustainability is commonly described as having three dimensions (also called pillars): environmental, economic, and social. Many publications state that the environmental dimension (also called "planetary integrity" or "ecological integrity") is the most important, and, in everyday usage, "sustainability" is often focused on countering major environmental problems, such as climate change, loss of biodiversity, loss of ecosystem services, land degradation, and air and water pollution. Humanity is now exceeding several "planetary boundaries". A closely related concept is that of sustainable development, and the terms are often used synonymously. However, UNESCO distinguishes the two thus: "''Sustainability'' is often thought of as a lon ...
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Competition (companies)
In economics, competition is a scenario where different economic firmsThis article follows the general economic convention of referring to all actors as firms; examples in include individuals and brands or divisions within the same (legal) firm. are in contention to obtain goods that are limited by varying the elements of the marketing mix: price, product, promotion and place. In classical economic thought, competition causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products. The greater the selection of a good is in the market, prices are typically lower for the products, compared to what the price would be if there was no competition (monopoly) or little competition ( oligopoly). The level of competition that exists within the market is dependent on a variety of factors both on the firm/ seller side; the number of firms, barriers to entry, information, and availability/ accessibility of resourc ...
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Productivity
Productivity is the efficiency of production of goods or services expressed by some measure. Measurements of productivity are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time. The most common example is the (aggregate) labour productivity measure, one example of which is GDP per worker. There are many different definitions of productivity (including those that are not defined as ratios of output to input) and the choice among them depends on the purpose of the productivity measurement and/or data availability. The key source of difference between various productivity measures is also usually related (directly or indirectly) to how the outputs and the inputs are aggregated to obtain such a ratio-type measure of productivity. Productivity is a crucial factor in the production performance of firms and nations. Increasing national productivi ...
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Profitability
In economics, profit is the difference between the revenue that an economic entity has received from its outputs and the total cost of its inputs. It is equal to total revenue minus total cost, including both explicit and implicit costs. It is different from accounting profit, which only relates to the explicit costs that appear on a firm's financial statements. An accountant measures the firm's accounting profit as the firm's total revenue minus only the firm's explicit costs. An economist includes all costs, both explicit and implicit costs, when analyzing a firm. Therefore, economic profit is smaller than accounting profit. ''Normal profit'' is often viewed in conjunction with economic profit. Normal profits in business refer to a situation where a company generates revenue that is equal to the total costs incurred in its operation, thus allowing it to remain operational in a competitive industry. It is the minimum profit level that a company can achieve to justify its cont ...
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Grain Research And Development Corporation
A grain is a small, hard, dry fruit (caryopsis) – with or without an attached hull layer – harvested for human or animal consumption. A grain crop is a grain-producing plant. The two main types of commercial grain crops are cereals and legumes. After being harvested, dry grains are more durable than other staple foods, such as starchy fruits (plantains, breadfruit, etc.) and tubers (sweet potatoes, cassava, and more). This durability has made grains well suited to industrial agriculture, since they can be mechanically harvested, transported by rail or ship, stored for long periods in silos, and milled for flour or pressed for oil. Thus, the grain market is a major global commodity market that includes crops such as maize, rice, soybeans, wheat and other grains. Grains and cereal Grains and cereal are synonymous with caryopses, the fruits of the grass family. In agronomy and commerce, seeds or fruits from other plant families are called grains if they resemble caryopses. ...
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