Industry Services’ definition
Industry Services’ means: marketing; promotion; strategic policy development, or other activities for the benefit of the Industry (other than Research and Development Activities) that are supported by levy payers and members and that relate to a function for which there is market failure. Note: Consistent with the Levy Principles and Guidelines, levies are imposed in relation to specific functions for which there is market failure and for which levy payers or their representatives have expressed support. Supporting information for other activities should be proportional to the scale of intended activities. Note: market failure arguments have related to the fact that agriculture is dominated by relatively small scale businesses that, individually, do not have the capacity to invest in substantial R&D or marketing activities, and that outcomes of such work is generally non-excludable (i.e. the business that paid for the R&D/promotion cannot prevent other businesses benefiting from it). This free-rider effect discourages individual businesses from investing.
Industry Services’ include but are not limited to worker’s compensation auto, and/or group health claims.