AMPC conducts independent evaluations of its research projects to demonstrate the benefits and outcomes that have emerged or are likely to emerge from investments.
AMPC evaluated the economic returns from a sample of 10 AMPC projects completed in the 2020/21 financial year.
Evaluations were completed in line with the Council of Rural Research and Development Corporations (CRRDC) Impact Assessment Program: Guidelines (2018). They were informed by a review of project outputs, and consultation with researchers, industry representatives and other relevant stakeholders.
The assessments were completed by modelling the marginal costs and benefits from a project over a 30-year period.
Overall, the results from the sample of evaluated projects suggests that AMPC R&D projects concluding in the 2021 financial year, are likely to yield substantial economic benefits to processors over the coming years.
The benefits identified from the 10 projects included:
• reduced operating costs due to reduced staff requirements, increased staff retention, reduced injury time and increased yield
• reduced power costs, thermal energy costs and waste disposal costs
• reduced costs associated with accessing visa workers to fill skill shortages
• reduced regulatory costs associated with export certification
• reduced financial losses due to COVID-19 outbreaks in processing plants