Thursday, 17 October 2019
Rural and Regional Affairs and Transport References Committee; Reference
The government does not support reregulation via an ACCC investigation, as reregulation is not supported by the industry. As recommended by the ACCC, we're implementing a mandatory code of conduct to increase fairness and transparency between dairy farmers and processors. The code has been developed in consultation with industry and will help to address the imbalance in bargaining power between farmers and processors. Progress has been made to expedite the code. An exposure draft will be released shortly for industry feedback, and it's expected to be in place by 1 January 2020. The government is also reviewing the rural research and development corporations system, with consultation currently open until 4 November 2019.