The Annual General Meeting of the ABGC, held 29 November, was advised of the progress on the payment of industry debts to Government.
Banana Levy payers were estimated to owe approximately $13 million (i.e. $12.4m plus interest) through the Emergency Plant Pest Response Levy to repay the Federal Government the loan for the Banana Freckle Response. As at 30 September 2017, $5.4m of that had been repaid by Plant Health Australia (PHA).
Levy payers also have a PHA Levy that is for repaying the Federal Government for the refundable grant of $3 million for the purchase of the first infected farm in Queensland and for reimbursing expenses for the management of that farm.
As at 30 September, receipts to PHA were approximately $500,000, and $250,000 was repaid for farm management costs. At that point none of the refundable grant had been repaid.
Please contact ABGC CEO Jim Pekin on email firstname.lastname@example.org or phone 07 3278 4786 with any queries.