<P> Government responds to the Cole Inquiry, which includes transferring AWBI's power of veto over bulk exports to the Minister of Agriculture, Fisheries and Forestry, on a temporary basis . </P> <P> January: The Government announces the Wheat Export Marketing Consultation Committee to undertake extensive consultation with the Australian wheat industry, particularly growers, about their wheat export marketing needs . The committee reports to the Government 30 March 2007 . </P> <P> May: The Prime Minister announced changes to the wheat marketing arrangements including: </P> <Ul> <Li> AWBI to market the 2007 / 08 harvest; </Li> <Li> the veto power over bulk wheat exports will remain with the Minister for Agriculture, Fisheries and Forestry, Mr Peter McGauran, until 30 June 2008; </Li> <Li> growers will be given until 1 March 2008 to form a new entity to manage the single desk (a new entity or a demerged AWBI); and </Li> <Li> the WEA will be given additional auditing and reporting powers; and </Li> <Li> container and bag exports will be deregulated . </Li> </Ul>

Why is australia a major exporter of wheat