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Growers Pyrethrum Fund Fund management

Fund management

At Hort Innovation it’s our job to work with industry to invest the pyrethrum voluntary levy and Australian Government contributions into initiatives to help growers be as productive and profitable as possible, through the Hort Innovation Pyrethrum Fund

What is the pyrethrum voluntary levy?

The voluntary pyrethrum R&D levy was established for investment through the pyrethrum collective industry fund (CIF), now known as the Hort Innovation Pyrethrum Fund. It is currently set at 2.5 per cent of crop payment.

This levy is collected by the Australian Government and then entrusted to Hort Innovation. It is then Hort Innovation’s responsibility to work with industry to invest the levies – together with Australian Government funds in the case of R&D – into strategic R&D initiatives.

How are levy investment decisions made?

To gain industry insights for strategic levy investments in the Pyrethrum Fund, Hort Innovation consults with key stakeholders in the pyrethrum industry.

Hort Innovation develops draft investment recommendations based on investment ideas that are aligned to the pyrethrum SIP. Each recommendation includes high-level information on the aims of the project, outcomes, deliverables and budget.

How are investments progressed?

After the investment has been prioritised, it’s then up to Hort Innovation to get the project up and running. This involves a tender process where the best delivery partner is chosen to undertake the project. Each delivery partner needs to submit regular milestones that report on their progress and at the end of each investment, a final report is produced that is made available to industry on what the project has achieved.

How to keep track of investments

Investments in the Hort Innovation Pyrethrum Fund are detailed in the Your investments page of this Pyrethrum Fund section of Hort Innovation’s website. Resources that are produced by the projects – such as fact sheets and guides – are also available through the Research reports and more page.

Hort Innovation also sends alerts about project updates to its members. Paying a levy doesn’t automatically make you a Hort Innovation member, but signing up is free here.

Annual Investment Plan

The documents below make up the prune AIP 2023/24 and explain how investments will be prioritised over the 12-month period. It provides details on funding availability, how the prune industry is investing against its SIP outcomes, and details on current R&D investments.

Annual Investment Plan
R&D contracted projects
R&D investment summary – 2022/23 to 2026/27
R&D 5-year forecast
Fund actuals at 2022/23 and forecast to 2026/27
2022/23 Fund Annual Report
2022/23 Fund Annual Report
Annual Investment Plan 2023/24
Annual Investment Plan 2023/24