Dairy farmers across the region are being encouraged to attend a public forum conducted by the Australian Competition and Consumer Commission in Taree on Tuesday, February 7.
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On October 27, 2016 the Treasurer, Scott Morrison issued a notice requiring the ACCC to hold an inquiry into the competitiveness of milk prices, trading practices and the supply chain in the Australian dairy industry. The inquiry commenced on November 1.
The ACCC’s inquiry will cover all geographical and major product markets within the Australian dairy industry. Through the inquiry, the ACCC will analyse the industry to identify structural and behavioural issues that affect its performance.
The ACCC must submit its report following the Inquiry to the Treasurer before November 1, 2017.
“Last year I met with officials of the ACCC to relay a number of issues raised with me by dairy farmers in my electorate and requested they visit our region, and I am delighted they will now be hosting a forum in Taree which is among eight around the country,” member for Lyne, Dr David Gillespie said.
“As Deputy Prime Minister Barnaby Joyce has said, this is a chance for dairy farmers to raise their competition and fair trading issues directly with an ACCC Commissioner.
“We want farmers to participate and help uncover inefficiencies and inequities that they face so we can identify a way forward.
“The forums are part of the ACCC’s public consultation for the dairy inquiry, which is examining competition between milk processors, contracts between processors and farmers, global supply markets, and the profitability of dairy farms.”
Dairy farmers and others working in the industry are invited to come and share their views on these issues directly with ACCC Commissioners.