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Coalition abandons milk price index, after it fails to deliver on promise | The Australian Dairyfarmer

The Coalition Government has abandoned its troubled retrospective Milk Price Index.

The index was a key 2016 election promise by then deputy prime minister Barnaby Joyce in response to the 2015 retrospective milk price cuts.

But it was dogged by delays and faced criticism from farmers when launched on not delivering on its promise.

The Minister for Agriculture David Littleproud, who announced a review of the index in February, said this week it had not delivered farmers the market information it had hoped.

“Due to low rates of farmers inputting data, the retrospective Milk Price Index, which had been announced in 2017, was ineffective,” he said.

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Coalition abandons milk price index, after it fails to deliver on promise – Magazine – Industry News – General – The Australian Dairyfarmer.

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