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The Dairy Farmers Milk Co-operative Limited (DFMC) has paid a penalty of $11,100 after the ACCC issued it with one infringement notice for allegedly

TheAustralian Competition and Consumer Commission (ACCC) has issued an infringement notice to the Dairy Farmers Milk Co-operative (DFMC)for a breach

The Hon David Littleproud MP Minister for Agriculture, Drought and Emergency Management • The public submission period for the first review of the Dairy Industry Code of Conduct will be open from 5 July 2021 to 15 August 2021. • The Australian Government is establishing a Dairy Code Review Reference Group to support the first review of the Dairy Code of Conduct. The Australian Government has started its review process into the Dairy Industry Code of Conduct. Minister for Agriculture, Drought and Emergency Management, David Littleproud, said the Australian Government will be seeking ...

Date Time ACCC to scrutinise dairy code compliance as 1 June deadline approaches The ACCC is urging dairy farmers and processors to be aware of their rights and obligations under the Dairy Code of Conduct ahead of the 1 June deadline for publishing next financial year’s milk supply agreements. The mandatory code requires most dairy processors to publish standard form milk supply agreements to cover all the circumstances in which they intend to purchase milk in the coming financial year on their websites by 2pm on 1 June. This allows farmers to compare processors’ minimum prices and contra...

Introduction Economics is in essence concerned with how we grow the 'pie', and how we divide the 'pie'. The importance of the latter has for a number of economists waned in recent years, which is unfortunate. The ACCC does not directly target economic growth or inequality, but our work has important implications for both. For example, a lack of competition will see less investment, innovation and lower productivity. Unchallenged economic rents, of course, favour those who benefit from them at the cost of those who do not. These points are more important than ever with the continuing effect of...