RiskWi$e: National Risk Management Initiative – Action Research Groups Eyre Peninsula
RiskWi$e: the National Risk Management Initiative (NRMI) is a GRDC initiative extending over five years that aims to understand and improve risk-reward outcomes for Australian grain growers through participatory action research (PAR).
RiskWi$e seeks to understand and improve the risk-reward outcomes for Australian grain growers by supporting grower on-farm decision-making.
- 5-year national initiative (2023-28)
- GRDC investment of $30 million + in-kind contributions of $13 million
- 26 grower/adviser/extension groups
- 10 research partners
- 6 action research group leads
- National project lead (CSIRO)
- Principal partner (GRDC)
Focus How do we improve grower decision making – particularly for decisions that have large profit and/or sustainability implication…when the outcome is uncertain!?
Aim 80% of grain growers articulate their production management decisions in terms of probability of upside returns (reward) offset against the associated downside risks to improve the quality of on-farm decision making.
How? Through a structured network with a national footprint that facilitates the coming together of growers, grower groups, consultants, agribusiness, research agencies and scientists, in a process of inclusiveness for all stakeholders that affords equality to all involved.
Participatory action research In PAR, growers and their advisers will quantify the probabilities of uncertainty of outcomes and assess the risk-reward payoffs for given management decisions in the context of their own farming operations. At the conclusion of NRMI, a suite of extension packages and artefacts (decision support tools) will continue to inform and challenge grain growers, their consultants and advisers to consider farm management decisions as informed by probable rewards (profit $/ha) and associated probable risks (loss $/ha).
For more information about the national project, go to the CSIRO hosted project page.
Building a Decision Matrix with Cam Nicholson
This page was last updated on 25 March 2026.
Downloads:
Share this project:
You Might Also Like
Water quality in extensive sheep grazing systems
Water quality factors such as total dissolvable salts, temperature, mineral composition, pH, and microbial load can differ between their sources. Further, run off from pasture herbicides and fertilisers may be…
Review of target values for soil performance indicators and their interdependencies
Complete a survey provided by Federation University identifying key factors and existing resources to support project implementation. This will include: • Identification and sharing of existing interpretation tables and assessments…
Eyre Peninsula internship in applied grains research 2027 (SA Drought Hub Contribution)
SA Drought Hub contribution towards grains research intern on EP for 2027, to be hosted by EPAG Research. This page was last updated on 17 June 2026.
Derisking the sowing program on EP – a comparison of different seeding systems and crops in 2026
The Minnipa Agricultural Centre operates two broadacre seeding systems. One is a tyne-based Horwood Bagshaw Precision Seeding System (PSS), the other is a RootBoot Razor, single disc hybrid system. The…
Eyre Peninsula internship in applied grains research 2027
To improve the capacity of grains research, development and extension in the Eyre Peninsula region through the employment of an annual intern within local research organisations in 2027. To further…
Soil CRC Adoption Activities
Soil CRC presentations at current group event Sandy Soils Amelioration day/half day with CSIRO Soil CRC presentations at current group event – MAC Field Day This page was last…
Plan 2 Profit upper EP 2026
Targeted at younger farmers on upper EP, this project aims to train a minimum of 10 farm businesses to: – Improve farm business financial literacy – Set goals and develop…
Risky Business Workshops for EP 2026
The “Risky Business” game to be delivered in person at 3 locations on EP, tentatively Wudinna, Rudall and Wirrulla (TBC). Up to 30 participants per workshop. Aim of improving understanding…
Managing and Mitigating Dry Saline Soils (Magnesia Patches) in South Australia
AIR EP is leading an investment in demonstration and extension of identification, management and amelioration of dry saline land. AIR EP & partners will deliver a program of work to…
Improving phosphorus use efficiency and return on investment in high Phosphorus (P) fixing soils of the Southern and Western Regions
Aims to improve growers’ certainty about managing phosphorus (P) in high-fixing soils, which have chemical properties that bind applied P, making it unavailable to crops. The project outcome is that…