Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 

Biotechnology Could Lessen Effects Of Drought

LSN Media Release:


Biotechnology Could Lessen Effects Of Drought

October 9, 2002

The impact of the prolonged drought in Australia could be mitigated by the judicious use of biotechnology, said Australian Director of the Life Sciences Network Dr Wendy Craik today.

“There is an urgent need for modern solutions to this problem, and biotechnology holds the prospect of significantly lessening the effects of the Australian drought,” she said.

“While it might not hold all the answers, it is a hugely powerful tool in terms of protecting farmers against the effects of drought.

“Gene technology has the potential to produce plants that could withstand all but the harshest drought conditions,” Dr Craik said.

The Australian Bureau of Agricultural and Resource Economics released a special crop update this week, saying it expected the drought would cut Australian economic growth by 0.7 percentage point, or $5.4 billion, this fiscal year.

The present drought would have a significant impact on Australia's economic growth rate through the direct and indirect linkages between agriculture and other industries, said the bureau's executive director, Brian Fisher.

“Every effort must be made to examine all the options for Australian farmers, and the risks to the economy could be considerably allayed by the use of gene technology,” Dr Craik said.


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>