The Albanese Labor Government has launched the second review of the Dairy Code of Conduct, giving stakeholders across the dairy industry the opportunity to share their thoughts on the operation of the code.
The review will identify whether updates are needed, and ensure the Code is operating as intended and remains fit-for-purpose.
A consultation group made up of industry representatives and other stakeholders will provide their views on the operation of the Code to help inform the government's consideration about its future.
The first stage of the review will consider how dairy prices are set for processor purchasing to make sure they reflect current market values.
In the second stage, the review will look at other parts of the Code, focusing on market transparency and the terms of long-term Milk Supply Agreements.
In 2023-24, the value of Australian milk production was estimated at $6 billion, with Australia exporting an estimated $1.1 billion of cheese. The value of Australian dairy product exports for the same period is estimated to reach $3.4 billion.
Quotes attributable to the Minister for Agriculture, Fisheries and Forestry, Julie Collins MP:
"The Dairy Code of Conduct is an important piece of legislation that assists dairy farmers and processors to deal with each other in good faith for the net benefit of the entire dairy industry.
"The review allows stakeholders to have a say on the operation of the code, making sure it continues to provide benefits for industry.
"I would like to thank industry and other stakeholders who have already provided input through the recent Have Your Say process. Your opinions have been considered in designing the second review of the code."
