Regulation Impact Statement - Department of Agriculture and Water Resources
On 15 March 2019, the Minister for Agriculture and Water Resources announced the Government will be proceeding with a dairy industry mandatory code of conduct (the code) to help shift the balance in bargaining power back towards dairy farmers. The code will create enforceable minimum standards of conduct for business practices between farmers and processors, and is aimed at improving pricing transparency in the industry. Nine principles will be used to establish the rules of the code, including to: