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ABARE takes hard line against GM moratorium
14 Oct 2005
Australian grain growers may lose at least $3 billion in income over the next 15 years if the state governments did not lift their moratoriums banning commercial planting of genetically modified crops, according to the Australian Bureau of Agricultural and Resource Economics. ABARE said the state-based moratoriums are hurting Australia's research and development effort and "Australia risked being left behind as other nations embrace innovations in transgenic crop development". However, critics say the ABARE analysis lacks evidence supporting ABARE's assumption that consumer resistance to GM food is not an issue.
Financial Review, 14/10/05
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