Import Levy Value Study Released
A 2018 report showed that on average from 2014/15 to 2016/17, every dollar invested from the import levy resulted in a benefit cost ratio (BCR) of 6.42:1 or a $6 of benefit. In addition, domestic generic beef marketing activities funded by the import levy are currently providing a higher BCR than the average marketing and research activities.
The average BCR for the import levy grew from $2.34 in 2014/15 to $9.92 in 2016/17. This implies that despite positive benefits, under-investment continues for the industry.Older Newer