I would now like to turn more specifically to recent developments in Australia. Developments in Australia To begin with, it is worth noting that the high prices for agricultural commodities in global markets have flowed through to higher prices for many commodities in our domestic markets.
The profitability of individual firms depends in part on their quality control and their market research, both of which should rely on statistical methods. Agricultural productivity benefits greatly from statistically sound applications to research and output reporting. Governmental policy decisions regarding public health, criminal justice, social equity, education, the environment, and other matters depend in part on sound statistics.