Extension to ACCC Inquiry into the Australian dairy industry

Below is a statement from the ACCC Agricultural Unit

The final reporting date for the ACCC’s dairy inquiry has been extended to 30 April 2018 by the Treasurer, to enable the ACCC to consult with the industry on an interim report to be released in late November this year.

The Treasurer granted the extension following a request from the ACCC.

The ACCC sought the extension to allow it to consult with the industry through an interim report. This report will contain interim findings and recommendations based on our analysis of issues such as competition between milk processors, contracts between processors and farmers and the impact of domestic retail prices on the industry.

The interim report will be released by 30 November 2017. The final report is now due to the Treasurer by 30 April 2018.

On 27 October 2016 the Treasurer issued a notice requiring the ACCC to hold an Inquiry into the competitiveness of prices, trading practices and the supply chain in the Australian dairy industry. The Inquiry formally commenced on 1 November 2016.

For more information please go to the ACCC website: https://www.accc.gov.au/about-us/information-for/agriculture/dairy-inquiry