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Fund management

At Hort Innovation it’s our job to work with industry to invest the dried tree fruit levy and Australian Government contributions into initiatives to help growers be as productive and profitable as possible, through the Hort Innovation Dried Tree Fruit Fund

What is the dried tree fruit levy?

The grower-raised statutory dried tree fruit R&D levy is set at $32 per tonne.

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 levy together with Australian Government funds into strategic R&D initiatives.

You can find full details on the levy rate, plus information on how to lodge a return and make a payment with the Department of Agriculture and Water Resources, on the government website here.

Where do investment ideas come from?

Great investments start with great ideas, and Hort Innovation encourages all growers and other industry participants to share their thoughts and suggestions for the work they want to see.

Ideas can be submitted any time via Hort Innovation’s investment idea form.

How are levy decisions made?

Investments specific to the Hort Innovation Dried Tree Fruit Fund are guided by the industry’s Strategic Investment Plan (SIP), which outlines key industry priorities for investment.

The SIP document is available to be used like a ‘roadmap’ during industry consultation on potential investment ideas and opportunities. This consultation takes place as required with representatives of Dried Fruits Australia and with dried tree fruit growers.

What happens next?

When a new project is to be established, the industry's advice is used by Hort Innovation to work a suitable investment idea into a project proposal. The proposal is then made public for potential delivery partners to submit responses. Current opportunities are always listed on the Partnership opportunities page, in the delivery partners section of this website.

At the end of the process the responses are assessed, often with the assistance of industry, and the best delivery partner for the work is chosen. A contract is then issued and the work begins.

How can I keep track of investments?

Investments in the Hort Innovation Dried Tree Fruit Fund are detailed in the Your investments page of this Dried Tree Fruit Fund section of Hort Innovation’s website. Any 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.

 

Financial documents

Financial operating statement
July to December 2019/20
Fund Annual Report 2018/19
Publication
Fund Annual Report 2018/19
Strategic Investment Plan
Publication
Strategic Investment Plan