RIRDC is a statutory authority established by the Primary Industries and Energy Research and Development Act 1989 (PIERD Act). The Corporation was established by the Australian Government to work with industry to invest in research and development for a more profitable, sustainable and dynamic rural sector.
Specifically, RIRDC’s mandate from government is to achieve results from research and development investments in three areas:
- New and emerging industries
- Specific established rural industries
- National rural issues.