The Australian Government has sprung a genetically-engineered cat among the organic pigeons with a recent report claiming that Australia is dipping out on billions of dollars of income by not farming genetically modified (GM, or genetically engineered - GE) grain crops. The study by the Australian Bureau of Agricultural and Resource Economics (ABARE) argues that Australia would be about $7 billion better off over 10 years, if five types of GM crops were introduced as soon as possible.