| The Australian grain research system has undergone a profound transformation over the past 25 years. This began with the creation of Grains Research Development Corporation, which gave producers a voice within a national research system. In the second phase of development, the GRDC tendered for the development of three for profit public corporations (AGT, HRZ and InterGrain) that would invest revenues from endpoint royalties (EPRs) to fund wheat breeding. This new funding for breeding allowed the GRDC to move upstream to focus on pre-breeding research efforts. As of 2012, these breeding firms had each acquired a multinational private partner and had collectively reached the point where end point royalties were sufficient to cover breeding costs. While this... |
