Australian dairy farmers call for independent govt review after Fonterra slashed farmgate prices

Fiona Rotherham
Mon, 09 May 2016

By Fiona Rotherham May 9 (BusinessDesk) - A group of Australian dairy farmers is planning a rally this week and more to follow in a push for the federal government to urgently establish an independent review of the country’s dairy industry after farmgate milk prices were slashed by Fonterra Cooperative Group and other processors. The group, Dairy Power, said the “unacceptable retrospective reduction in milk price”, which affects 75 percent of farms in Victoria, threatens to push farmers off the land or further cull their herds. “Dairy...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
Positive earnings lift NZ sharemarket
Dan Brunskill | Fri, 20 May 2022

The NZ market was one of the few climbing markets as investors in other parts of the world worried about the risk of a global recession.

Law & Regulation
Unlawful collection of Companies Office fees fixed under urgency
Ian Llewellyn | Fri, 20 May 2022

The Companies Office's administration of fees may have saved costs, but the problem is it was against the law.

Markets FREE
Brian Gaynor: legacy of a towering financial figure
Brenda Ward | Fri, 20 May 2022

At his funeral in Auckland, family, friends and colleagues of Brian Gaynor recalled a passionate man who had the confidence and courage to back his sometimes controversial opinions.

Partner content
What’s driving the ram raids, and what shop owners can do

Scott La Franchie explains the motivations behind the spate of burglaries.

Partner content
Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.