Australia and New Zealand have given the green light for the commercial cultivation of a genetically modified strain of Cavendish banana, which is resistant to the Fusarium fungus, a disease posing a significant threat to the banana industry. The license was issued by the Australian Gene Technology Regulator's Office to the Queensland University of Technology. Additionally, the Food Standards Australia/New Zealand has approved the cultivation and sale of this transgenic banana as food. This marks the first approval of a transgenic banana globally, and it is deemed as safe and nutritious as conventional bananas.