Rural Industries Research & Development Corporation
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    RIRDC ANNUAL OPERATIONAL PLAN
    2001-2002

    Portfolio Budget Statement 2001–2002
    — Outcomes and Outputs Framework

    As a constituent part of AFFA’s portfolio department, the financial information below summarises RIRDC’s activity during 2001-2002 on an outcomes and outputs basis. The information in the adjacent table and map below is in accord with the Corporation’s Budget on pages 7-12. RIRDC’s stated outcome is consistent with the Agriculture, Fisheries and Forestry portfolio stated outcome of increasing the profitability, competitiveness and sustainability of Australian agricultural, food, fisheries and forestry industries.

    RIRDC—Revenue from Other Sources 2001-2002 (Total Revenue ($’000))*
     
    Out–comes
    Agency (Revenue from independent sources)
    Monies from industry levies Indirect Commonwealth Appropriation and Matching Commonwealth levy contribution Monies from other sources Total Revenue from independent sources
    Out–come  4,362 15,139 5,141 24,642
    * RIRDC does not receive a direct departmental or administered appropriation from the Government.

    Relationships Between Outcomes and Outputs

    The map below shows the relationship between outcomes and the contributing outputs for RIRDC during 2001–2002.


     

    Note:      The figures above do not include the operations of the Dried Fruits R&D Council.
     

    RIRDC PERFORMANCE INDICATORS

    Performance information for RIRDC Outcome - Effectiveness
    Economic returns from RIRDC investments in excess of prescribed benefit/cost ratios, as well as non-monetary and public good benefits for the community from strategic and environmental research.  Review of R&D programs on a 4 year rolling evaluation basis. Ability to achieve benefit/cost ratios and internal rates of return on R&D projects as follows:

    Output 1 – B/C of 2 and IRR of 15%

    Output 2 – B/C of 5 and IRR of 20%

    Output 3 - B/C of 10 and IRR of 25%

    Output 4 – B/C of 10 and IRR of 25%
    Alignment of RIRDC’s priorities and plans with those of industry and the Commonwealth Government Demonstrated compliance with Government R&D priorities as outlined in Minister’s letter of 14 December 1999 and letter of 11 May 2001 from the Parliamentary Secretary.  Demonstrated consultation with industry prior to finalisation of industry R&D plans.
    Ratio of administration costs to total costs Ratio of administration costs to total costs less than the RDC average
    Expansion of the gross value of production of new and emerging industries supported by RIRDC Subject to externalities, RIRDC’s ability to contribute to industry growth demonstrated by increasing size of industry
    Translation of research outputs into industry benefits Rates of adoption of research outputs as evidenced by RIRDC’s user surveys and adoption estimates derived as part of benefit/cost analysis of RIRDC investments
    Performance Information for RIRDC Outputs 
    Output 1 - Management of R&D that investigates and develops prospects for new industries in rural and regional Australia Quality: Research contracts let by end July and 90% of all milestones processed within 3 weeks of receipt
    Quantity:  21 new and 64 continuing contracts under management.
    Price:  Average of $26,490 per contract
    Output 2 - Management of R&D that expedites the growth and development of emerging rural and associated processing industries Quality: Research contracts let by end July and 90% of all milestones processed within 3 weeks of receipt
    Quantity:  39 new and 91 continuing contracts under management
    Price:  Average of $29,559 per contract
    Output 3 - Management of R&D that maximises the contribution of R&D to the profitability and sustainability of the established rural industries that RIRDC represents Quality: Research contracts let by end July and 90% of all milestones processed within 3 weeks of receipt
    Quantity:  52 new and 118 continuing contracts under management
    Price:  Average of $45,240 per contract
    Output 4 - Management of R&D that identifies key generic cross sectoral issues confronting the rural sector and the formulation of appropriate programs that will benefit the rural sector and Australia. Quality: Research contracts let by end July and 90% of all milestones processed within 3 weeks of receipt
    Quantity:  35 new and 73 continuing contracts under management
    Price:  Average of $27,855 per contract

    Source:Portfolio Budget Statement 2001-02, Agriculture, Fisheries and Forestry Portfolio,
    Budget Related Paper No. 1.1, Page 231.
     


    Our Program Structure for 2001-2002

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    Last updated: 4 June 2001  Copyright © RIRDC
    http://www.rirdc.gov.au/aop01/portfoliobudget.html